Views
Address
19833 Leitersburg Pike, Hagerstown, MD
Price
$ 2,199,000
Property Attributes
- MLS#MDWA2004406
- TypeCommercial
- CountyWASHINGTON
- CityHagerstown
- NeighborhoodLeitersburg
- Zip21742
- StyleProfessional,Warehouse,Storage
- Year Built1989
- Taxes$ 17610
- Price$ 2,199,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage21370
- Lot Size3.44 Acres
Data Source:
Bright MLS
Property Description
Investment opportunity - "The Equinox is a modern and upscale property, located just minutes away from the I-81 and I-70 interchange. It's prime location gives it great visibility and offers easy ingress and egress to consumers. The property has a 8.8 Cap Rate and generates an impressive NOI of $200,000. It boasts 22,000+ square feet, including a rear warehouse, on a spacious 3.44-acre land. The front and rear parking lots provide ample parking space for tenants and visitors, which were completely overlaid in 2017. The Exchange is equipped with essential features like multi-zone HVAC, new units, three-phase power, and Cat 5 cabling throughout. Two floors of office space. The Equinox is a great investment opportunity for income-producing property hunters. The potential to earn extra income and expand portfolios makes the Equinox appealing. Its modern features and prime location are assets that will sustain it for years to come. It has a new roof and a modern multi-zone HVAC system with everything wired throughout. Fiber to the facility adds significant value to the modern infrastructure. Don't miss your chance to invest in this lucrative and well-maintained property.
| Price History | |
|---|---|
| 1/3/2022 | Listed $2,650,000 |
| 4/20/2022 | 10% - $2,399,000 |
| 5/26/2023 | 3% - $2,350,000 |
| 8/15/2023 | 7% - $2,199,000 |
General Features
| Sewer | On Site Septic |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C |
| Utilities | Cable TV Available,Multiple Phone Lines |
| Possession | Negotiable |
| Roof | Rubber |
| Zoning | BG |
| Security Features | Fire Detection System |
| Construction Materials | Brick,Combination |
| Exclusions | Utilities |
| Year Built | 1989 |
| Electric | 200+ Amp Service |
| View | Other |
| Property SubType | Office |
| Tax Year | 2021 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Professional,Warehouse,Storage |
| Accessibility | Ramp - Main Level,Other |
| County | WASHINGTON |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | LEITERSBURG |
| Possible Use | Commercial,Financial,Office,Professional Service,Other,Medical/Dental,Warehouse,Storage Yard |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | 19833 Leitersburg Pike - USE GPS |
| ModificationTimestamp | 2023-12-26T15:58:18 |
| City | HAGERSTOWN |
| Buyer Agent Compensation | 2 |
| Total Units | 1 |
| Lot Size Square Feet | 149846.00 |
| Tax Assessed Value | 1701900.0 |
| Waterfront Y/N | No |
| Street Name | LEITERSBURG |
| Tax Annual Amount | 17610.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 97.86 |
| Historic Y/N | No |
| Vacation Rental Y/N | No |
| Days on Market | 849 |
| Location Type | Free Standing |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Flooring | Concrete,Partially Carpeted,Vinyl |
| Hot Water | Electric |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Street Suffix | PIKE |
| Central Air Y/N | Yes |
Exterior Features
| Parking Features | Private,Paved Parking,Handicap Parking |
|---|---|
| Lot Features | Road Frontage,Level,Premium |
| Water Source | Public |
| Total Parking Spaces | 80 |
| Type of Parking | Parking Lot |
| Water View Y/N | No |
| Building Area Total | 22470.00 |
| Lot Size Acres | 3.44 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Total Loading Docks | 1 |
| Land Assessed Value | 412000.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | No |
| Car Parking Spaces | 75 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21742
Price
Taxes
Visits
Year Built
Walkscore
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