Pending
100 Franklin St W
Hagerstown MD, 21740
$3,386,000
$100.13 per sqft
Pending
33,816 sqft
Commercial
Built in 1932
Partial or 100% owner financing dependent on some conditions and up to $250k for potential remodeling of 2nd floor and 1st floor apt. Building is now priced at $100 / SQFT. The site is improved with 33,816 square feet 4 story brick building. Currently being used as mixed use: As the Parole and Probation Division of Washington County. 16 Residential 1-bedroom units fully rented. 2nd floor commercial, currently vacant which was the original location of the Probation Division. 2nd floor has potential for an additional 8 residential apartments or keep it commercial. Also, has an option to add an additional 2 bed apartment on the first floor. Take a look at the pictures to assess readiness. If you want Cashflow, this is your ideal property. This property is offering a prime location which is strategically located in the Heart of Hagerstown with high traffic area and its close proximity to major highways and transportation hubs, including I-81, I-70 and Hagerstown Regional Airport. The surrounding area offers a dynamic and vibrant community with a great mix of business, restaurants and shops within walking distance. The property's prime location gives you access to one of the fastest growing areas in the Tri-state region (The I-81 corridor), and major investments. (Medical college 2024, Hitachi's new 350 million investment, a new baseball stadium, Amazon Hub and many more other investments. The 2nd floor could be remodeled back to residential or keep it commercial. The options are endless, and best of all, plenty of parking. Additional multiple parking lots available with the sale. Set up your showing today!!
MDWA2020802
MLSⓇ ID
March 18, 2024
Listed
October 2, 2024
Updated
Map
100 Franklin St W
Hagerstown MD, 21740
Interior Features
Interior Features
Elevator
Appliances
Electric Water Heater
Floor Description
Carpet, Ceramic Tile
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Heat Pump, Forced Air, Electric
Exterior/Building Features
Lot Size
0.25 Acres
Roof
Tar/Gravel
Sewer
Public Sewer
Other Property Details
Area Name
HAGERSTOWN
Taxes
$21,450
Tax Frequency
Annually
Days on Market
180
Garage
No
Parking Total
50
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Zoning
Mix use property, first two floors are commercial, and 3rd and 4th floors are residential..
Listing History
Date | Event | Price |
---|---|---|
9/13/2024 | Pending | — |
Listed by Iron Valley Real Estate of Central PA
Listing Contact: 7174963527
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Data last updated on 10/2/2024 at 7:15 AM UTC