$799,000
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351 S Potomac Street Hagerstown, MD 21740 Municipality: Hagerstown
General Commercial
Residence
Beds
Baths
17,420
Sq. Ft.
1.14
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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⢠Great investment return of 9% or higher! ⢠Gross rental income of approximately $115,000: $54,000 from the long term existing anchor tenant (since 1926), $30,000 from the upstairs apartments, $24,000 from the basement and side room tenants, and $6,000 from the garage leases. Allow this rental i...ncome to pay your mortgage, and continue to add value as you further lease or occupy the additional available spaces. ⢠17,420 ± SF building & warehouse, land area 1.135 ± AC total. ⢠Two-story commercial property, storage yard/parking lot, and warehouse. ⢠Main building, 14,244 ± SF: first floor is retail/office, second floor contains two newly renovated two-bedroom units. ⢠Corner lot with high visibility. Rare fenced yard and warehouse space. ⢠Upside potential for leasing yard and additional available office space. ⢠Near the new MD Stadium Authority's Meritus Park, a future site for Atlantic League baseball concerts, festivals, and community events - potential use for the apartments as an Airbnb. ⢠Long term anchor tenant leases in place, income to support your purchase! ⢠"IR" Industrial Zoning. ⢠Full list of improvements and property details after financial qualification. ⢠Email Tom Seymour to inquire today!
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MLS#
MDWA2021172
Property Type
General Commercial
Year Built
1900
Square Feet
17,420
sq. ft
Price per Sq. Ft.
$56.09
Lot Size
1.14
Sewer
Public Sewer
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