$2,199,000

19833 Leitersburg Pike, Hagerstown, MD, 21742

21,370

Square feet

3.44

Acres

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.

Facts & Features

MLS® # MDWA2004406
Price $2,199,000
Bathrooms 0.00
Square Footage 21,370
Acres 3.44
Year Built 1989
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 19833 Leitersburg Pike
Subdivision LEITERSBURG
City Hagerstown
County WASHINGTON-MD
State MD
Zip Code 21742
Senior Community No

Amenities

Utilities Cable TV Available, Multiple Phone Lines
Parking Private, Paved Parking, Handicap Parking
View Other
Is Waterfront No

Interior

Heating Heat Pump(s)
Cooling Central A/C
Has Basement No
Fireplace No
# of Stories 2

Exterior

Exterior Brick and Siding, Combination
Lot Description Road Frontage, Level, Lot Premium
Roof Rubber

School Information

District WASHINGTON COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed January 3rd, 2022
Days on Market 862
Zoning BG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSullivan Select, LLC.
Contact Info3017335252

Listing Map

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