$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 |
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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 |
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Subdivision | LEITERSBURG |
City | Hagerstown |
County | WASHINGTON-MD |
State | MD |
Zip Code | 21742 |
Senior Community | No |
Amenities
Utilities | Cable TV Available, Multiple Phone Lines |
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Parking | Private, Paved Parking, Handicap Parking |
View | Other |
Is Waterfront | No |
Interior
Heating | Heat Pump(s) |
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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 |
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Additional Information
Date Listed | January 3rd, 2022 |
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Days on Market | 862 |
Zoning | BG |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Sullivan Select, LLC. |
---|---|
Contact Info | 3017335252 |