34 Charles St, Hagerstown, MD 21740-3818

This exceptional investment opportunity presents a 8,012 square foot flex property situated on a 0.7-acre lot in Hagerstown, Maryland. The property consists of three buildings, offering a versatile mix of office, lab, and storage space. Building 1, an L-shaped structure, features updated HVAC, a new roof (approx. 2016), hot water baseboard heat, a new reverse osmosis system and chiller for the lab, a sump pump with backup battery, a heated ramp with removable bollards, and 3-phase power. Building 2 provides additional lab and storage space, also boasting a new roof and HVAC (approx. 2018) and 3-phase power. Building 3 is a storage shed equipped with a roll-up door and electrical service. The entire property is fully fenced with a keypad-operated security gate. Built in 1950 and 1991, with renovations in 2016 and 2018, the property is well-maintained. Currently zoned RO (Residential Office) with a historic overlay, adjacent parcels are zoned IR (Industrial Restricted) and N-MU (Neighborhood Mixed Use). Certain lab uses are grandfathered until May 2025, per the City of Hagerstown. The property offers 19 parking spaces and is conveniently located 3.2 miles from I-81, providing easy access to I-70 and major transportation routes. Prospective buyers are advised to conduct their own due diligence. This property presents a rare opportunity in a market experiencing a shortage of flex space for small to mid-sized businesses. Asking price: $449,000.