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100 Franklin Street W

HAGERSTOWN, MD 21740
  • $3,386,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: MDWA2020802
UPDATED: 32 min ago
$3,386,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1932
County:

School Information

Elementary School:
Middle School:

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!!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-17T14:07:49.91.
www.greatfallsgreathomes.com/homes/148684706
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100 Franklin Street W HAGERSTOWN, MD 21740

  • Price: $3,386,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 32 min ago
  • ID#: MDWA2020802
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1932
Built
Neighborhood:
Downtown Hagerstown
County:
Washington
Elementary School:
Eastern
Middle School:
Northern
School District:
Washington County Public Schools
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!!
Exterior Features

Construction Materials BrickBrick FrontGlass Garage YN No Lot Features Additional Lot(s) Parking Features Handicap Parking Parking Types Parking Lot Riparian Rights YN No Roof Built-UpTar/Gravel Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 33816.00 Cooling Heat Pump(s)Central A/C Flooring CarpetCeramic TileLuxury Vinyl Plank Heating Forced AirHeat Pump - Electric BackUp Heating YN Yes Inclusions 16 refrigerators16 stoves2 coin operated washer and 2 coin operated dryers and 18 water heaters Net Square Feet 33816.00 Security Features Main Entrance LockIntercom

Property Features

Acceptable Financing CashConventionalExchangeNegotiable Accessibility Features 2+ Access Exits48"+ Halls32"+ wide DoorsElevatorEntry Slope <1' Assessment Year 2023 Business Type Apartment BuildingProfessionalInstitutionalOther Central Air YN Yes Cooling Fuel Electric Cross Street Jonathan Electric 3 Phases Heating Fuel Electric Historic YN No Hot Water Electric Municipality HAGERSTOWN Navigable Water YN N New Construction YN No Operating Expense Includes Pest ControlRepair/MaintenanceSewerWaterInsuranceTrash Original MLSNumber 802931649874 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 21450.00 Tax Assessment Amount 915600.00 Utilities Multiple Phone LinesCable TVElectric AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Year Built Effective 1980 Zoning CCMU Zoning Description Mix use propertyfirst two floors are commercialand 3rd and 4th floors are residential..

Listing courtesy of Iron Valley Real Estate of Central PA: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Great Falls Great Homes | Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-04-17T14:07:49.91.
 
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