651 N Prospect St - Warehouse FOR SALE


Hagerstown, MD 21740- Outer Downtown/Maugansville
$2,900,000 USD
651 N Prospect St, Hagerstown, MD for Sale
$2,900,000 USD
Warehouse - FOR SALE
1/17
null | Request Cap Rate

651 N Prospect St
Hagerstown, MD 21740
Outer Downtown/Maugansville


HIGHLIGHTS

  • Ready access to I-81, I-70, I-270 to Balto/Wash Metro areas. -- NEW High-Growth Hagerstown, MD Logistics Market
  • 44,726 RSF Modernized Industrial-Flex Building - Two Lower Levels for Added Storage Possibilities
  • Totally Renovated - Unique floor plan lends itself to multi-function businesses - future expansion space
  • Zoned for Light Industrial: Industrial Restricted (IR) - wide variety of Principal Permitted Uses, including offices
  • Property was once a forner HQ plant for the Maryland Ribbon Co. - A nationally recognized firm

OVERVIEW

NEW LISTING! TOTALLY RENOVATED . -- Business-User Facility - Industrial, Flex, Manufacturing, Storage possible. - Super-clean modernization - "top to bottom". First level is 31,464 RSF. In addition, there are two restored Lower Levels containing a total of 13,286 RSF; 44,700 RSF building total. Includes adjoining 3,961 SF Impound Yard; 1,579 SF of the impound yard is sheltered; contiguous to Impound Yard owner has installed a new Roll-up entrance door for Lower Level access. Industrial/flex/manufacturing/storage/special purpose uses possible. Property once served as the HQ plant for Maryland Ribbon Co. Quick possession. Industrial-size storage units re-development potential. Flexible "IR" zoning classification. Contact Syd Machat, CCIM.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial-Flex - Rehabbed - Biz Users!

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

5

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.03

LAND SF

44,700

ZONING

IR

APN/PARCEL ID

25-027736

ASK ABOUT THIS PROPERTY

Syd MachatBerkshire Hathaway | Bowen RealtyMore Info

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Syd MachatBerkshire Hathaway | Bowen RealtyMore Info

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