100 FRANKLIN ST W Pending Save Request In-Person Tour Request Virtual Tour
Hagerstown,MD 21740
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
Square Footage 33,816 sqft
Price per Sqft $100
Subdivision Downtown Hagerstown
MLS Listing ID MDWA2020802
Originating Board BRIGHT
Year Built 1932
Annual Tax Amount $21,450
Tax Year 2023
Lot Size 0.254 Acres
Acres 0.25
Property Description
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!!
Location
State MD
County Washington
Zoning CCMU
Interior
Hot Water Electric
Heating Forced Air,Heat Pump - Electric BackUp
Cooling Heat Pump(s),Central A/C
Flooring Carpet,Ceramic Tile,Luxury Vinyl Plank
Inclusions 16 refrigerators, 16 stoves, 2 coin operated washer and 2 coin operated dryers and 18 water heaters
Heat Source Electric
Exterior
Garage Spaces 50.0
Utilities Available Multiple Phone Lines,Cable TV,Electric Available,Sewer Available,Water Available
Water Access N
Roof Type Built-Up,Tar/Gravel
Accessibility 2+ Access Exits,48\"+ Halls,32\"+ wide Doors,Elevator,Entry Slope <1'
Total Parking Spaces 50
Garage N
Building
Lot Description Additional Lot(s)
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Eastern
Middle Schools Northern
School District Washington County Public Schools
Others
Tax ID 2225012615
Ownership Fee Simple
SqFt Source Estimated
Security Features Main Entrance Lock,Intercom
Acceptable Financing Cash,Conventional,Exchange,Negotiable
Listing Terms Cash,Conventional,Exchange,Negotiable
Financing Cash,Conventional,Exchange,Negotiable
Special Listing Condition Standard