Remarks

Nestled in the heart of Hagerstown, the all-brick, 4-story Block Enterprises building oers a prime opportunity with over 19,000 sq of versatile space on a 1.01-acre lot, zoned for Industrial use and conveniently situated next to Steey & Findlay. This property, featuring two loading docks, is ideally suited for a variety of purposes including IOS storage, warehouse, light industrial uses, manufacturing, oice space, or as a lucrative investment. Fair market rent in this section hovers around $6 to $12/SF. The building accommodates a range of space needs, from single rooms and oices to large open areas, making it perfect for both small businesses and large corporations. It is equipped with comprehensive safety and accessibility features, such as 36"+ wide halls, a brand new elevator, exterior cameras, a main entrance lock, monitored security, motion detectors, smoke detectors, and an indoor sprinkler system. The third floor, with its 14 foot ceiling heights, shared men's and women's bathrooms, and two water fountains, adds to the convenience for all users. Recently upgraded with a new HVAC system, water heaters, windows, and fresh paint, the building is in very good condition. Spanning 16,000+ sq across above ground levels of brick/stone construction, the fully rented finished areas, along with additional spaces ready for build-out, present a significant opportunity for increased rental income. Additional amenities include a new fire escape, overhead doors, conveyors, fencing, and blacktop, all oered at an exceptional price of $900,000. This prime commercial real estate is not only flexible and manufacturing-friendly but also perfectly suited for professional oices, warehouses, or creative spaces like a dance studio. With the airport less than 10 miles away and a bus stop less than 1 mile, the location ensures convenient transportation options for any business. The property oers endless potential with a wide range of possible uses. Strategically positioned within two miles of the new Amazon Fulfillment Center, Lowe's Home Improvement, and other key commercial hubs, this property ensures unparalleled access to major retail and distribution networks, marking it as a standout opportunity in Hagerstown. Easy lease up and cash out.

Details

MLS#: MDWA2029462
Price: $900,000

Year Built: 1900

County: WASHINGTON
Tax Fee: 7265

School High: SOUTH HAGERSTOWN SR
School District: WASHINGTON COUNTY PUBLIC SCHOOLS