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100 Summit Ave 58,832 SF Office Building Hagerstown, MD 21740 $3,490,000 ($59.32/SF)
Executive Summary
This ~53,500 SF property designed by Arthur Golding is located at a prime location, immediately adjacent to the new baseball stadium. It is a multi-use office building with many great potential uses; office, flex, warehouse, or hospitality space. It is also a great potential development location. The new baseball stadium, Meritus Park, will house the new Hagerstown Flying Boxcars minor league baseball team. It is currently slated to be open in time for the home opener on May 3, 2024 and is expected to bring thousands of patrons to the park on a regular basis. The building has many unique design features including a two story space that held the newspaper press and is ideal for hospitality or restaurant space. Most recently it was used as The Press Room event space. There is an upper floor large open office area as well as a large basement that is ideal for storage or flex space. The angled windows on the roof are great for letting in the natural light.
The City is constructing a new parking garage located directly across the street with 397 spaces. Owners are also willing to consider a variety of lease options.
*Former Press Room is 10,768 SF *First Level (Office Area) - 24,032 SF *Basement - 24,032 SF
The City is constructing a new parking garage located directly across the street with 397 spaces. Owners are also willing to consider a variety of lease options.
*Former Press Room is 10,768 SF *First Level (Office Area) - 24,032 SF *Basement - 24,032 SF
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
58,832 SF
Building Class
B
Year Built
1979
Price
$3,490,000
Price Per SF
$59.32
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
19,611 SF
Building FAR
0.34
Lot Size
4.02 AC
Opportunity Zone
Yes
Zoning
C3
Amenities
- Natural Light
Walk Score®
Very Walkable (89)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 03-009548 | Improvements Assessment | $0 |
| Land Assessment | $540,400 | Total Assessment | $540,400 |
Property Taxes
Parcel Number
03-009548
Land Assessment
$540,400
Improvements Assessment
$0
Total Assessment
$540,400
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100 Summit Ave
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