651 N Prospect St - Warehouse FOR SALE


Hagerstown, MD 21740- Outer Downtown/Maugansville
$2,900,000 USD
301-305-8999
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. -- High-Growth Hagerstown Market
  • 44,726 RSF Modernized Industrial-Flex Building - 2 Lower Levels for Storage
  • Totally Renovated - Unique floor plan lends itself to multi-function businesses - future expansion space
  • Zoning: Light Industrial: Industrial Restricted (IR) - wide variety of Principal Permitted Uses
  • Property Used by Maryland Ribbon Co. for HQ. Plant - Nationally recognized
  • Owner-financing available for pre-qualified prospective purchasers

OVERVIEW

NEW LISTING! OWNER MORTGAGE TERMS. - TOTALLY MODERNIZED & RENOVATED FLEX-WAREHOUSE - CONTRACTORS & SERVICE BUSINESSES. -- Business-User Facility for Expanding Companies. - Owner-financing is available to pre-qualified prospective purchaser. Industrial, Flex, Manufacturing, Storage, Special Purpose all possible. - Super-clean modernization. Spacious first level is 31,464 RBA. In addition, there are two restored Lower Levels containing a total of 13,286 RBA; 44,700 RBA building total. Includes adjoining 3,961 RBA Impound Yard; 1,579 RBA of this impound yard (or use for added parking lot)as sheltered portion; contiguous to Impound Yard owner has a new Roll-up entrance door. Property served as the HQ for nationally-recognized Maryland Ribbon Co. Front showroom, private office, sprinklered on all levels, new baths. Divisible floor plan. - Quick possession. Flexible "IR" City Zoning classification. Excellent location downtown with quick access to I-70 & I-81 to Balto-Washington Metro Areas. 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

STORAGE-FLEX. Owner Fin. - Fixed Up!!

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

2

DRIVE INS

3

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
301-305-8999

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Syd MachatBerkshire Hathaway | Bowen RealtyMore Info
301-305-8999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.