Property profile

62 Antietam St Hagerstown, MD 21740

OFF-MARKET
Office buildings
Property ID
US40-1441734
2,800 SF 0.11 ac lot Built 1959
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 2,300 square foot restaurant space in Hagerstown, Maryland, presents a fantastic turnkey opportunity for food service entrepreneurs. Located at 62-64 West Antietam Street, this single-tenant property boasts a pre-installed hood system and a three-compartment sink, significantly reducing initial setup costs. New bathrooms are currently being installed, ensuring compliance and a modern feel. The property's strategic location directly across from a new stadium offers exceptional visibility and high foot traffic potential, ideal for attracting a diverse customer base. Situated in Washington County, Maryland, with a zip code of 21740, this restaurant space is ready for immediate occupancy. The existing infrastructure minimizes the time and expense associated with build-out, allowing for a swift and efficient launch of your culinary venture. This is a rare opportunity to establish a thriving business in a high-demand area with significant growth potential. The property's convenient location and existing features make it an attractive investment for experienced restaurateurs and new business owners alike. Don't miss this chance to capitalize on the vibrant Hagerstown market.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1959
Construction BRICK
Total area 2,800 SF
Lot 0.11 ac (4,880 SF)
Zoning code CCMU
APN 17-004573
UPID US40-1441734

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Church

Location

62 Antietam St Hagerstown, MD 21740-5610
Hagerstown metro Census 700 HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$170k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$170k

Owner & transaction history

since 2024
Last sale
$170,000
2 recorded transactions
2024
$170,000
2006
$228,000

Zoning & alternative use

CCMU · Hagerstown, MD

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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