Sands Investment Group is pleased to exclusively offer for sale an 8,175 SF renovated mixed-use property in the heart of downtown Hagerstown. This asset presents a compelling value-add investment opportunity.
The building underwent substantial renovations in 2021, delivering modernized interiors and improved functionality while still offering meaningful upside through lease-up and rent optimization. Currently just over 86% occupied, investors have the opportunity to increase cash flow through stabilization and marking rents to market.
Strategically located 1 block from the newly constructed AAA baseball stadium and adjacent to ongoing entertainment and mixed-use development, the property is positioned to benefit from continued public investment and downtown revitalization efforts. With mixed-use zoning, proximity to major commuter corridors, and improving occupancy trends, this asset offers both near-term income growth and long-term appreciation potential.
In Cooperation With Sands Investment Group Maryland, LLC - Lic. #5002337 BoR: Tom Gorman - Lic. MD #5002337