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

September 17, 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 Kristin Shetler, antonio Lopes with Iron Valley Real Estate of Central PA
Listing Contact: 7174963527 

The IDX display contains information sourced from the Bright MLS, Inc. as of 9/17/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 9/17/2024 at 11:02 PM UTC

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