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Plaza Office Building 1710 Underpass Way 70,043 SF 58% Leased Office Building Hagerstown, MD 21740 For Sale

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EXECUTIVE SUMMARY

RARE OPPORTUNITY to purchase a stabilized office building. Property to be delivered ~95% leased with an excellent tenant mix including Social Security Administration, Edward Jones, Hospice of Washington County and State of Maryland - DLLR. The property, also known as Plaza Office Building, is a 70,510 square foot, four story office building located in Hagerstown, Maryland just off the Interstate 81 exit, which boasts over 70,000 cars per day. The asset is surrounded by eight hotels and over two million square feet of retail. Building has many quality upgrades and amenities, including 100% LED lighting throughout and two large 250kw Onan generators. It is ADA-compliant with three elevators, on-grade entry access on two floors and access to public transportation, including a bus stop right in front of the building.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
70,043 SF
Building Class
B
Year Built/Renovated
1980/2012
NOI
$1,200,000
Percent Leased
58%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
17,511 SF
Building FAR
0.54
Lot Size
3.00 AC
Zoning
BG - Business, General District
Parking
300 Spaces (4.28 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Property Manager on Site
  • Security System
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Edward Jones is a privately held financial services firm focused on individual investors and small businesses. Founded in 1922, the company operates from its headquarters in the St. Louis area with a U.S. regional headquarters in Tempe, serving clients through a broad network of local branch offices. The firm offers investment guidance, retirement and education savings strategies, insurance solutions, and cash and credit products delivered by financial advisors backed by home-office resources. Edward Jones is the principal operating company of The Jones Financial Companies and is not publicly traded. The firm highlights a long-standing branch-office model designed to provide in-person advice within communities; its corporate sites cite a footprint of more than 15,000 branch locations in North America and tens of thousands of associates, including financial advisors, across the U.S. and Canada. Senior leadership includes Managing Partner Penny Pennington and executives overseeing operat

  • Public Administration
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Social Security provides financial protection for the nation’s people, supporting Americans throughout all of life’s journeys. They administer retirement, disability, survivor, and family benefits, and enroll individuals in Medicare. They also provide Social Security Numbers, which are unique identifiers needed to work, handle financial transactions, and determine eligibility for certain government services. Social Security provides retirement income for almost every American worker. They also administer Supplemental Security Income (SSI) to some individuals over a certain age who have limited income and resources. With retirement, disability, and survivors benefits, Social Security is one of the most successful anti-poverty programs in the nation's history. Social Security is committed to helping maintain the basic well-being and protection of the people they serve. They pay benefits to millions of people including retirees, children, widows, and widowers.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - - Lorem Ipsum Jan 0000
Public Administration - - Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 102
  • 6,333 SF
  • Office
  • -
  • Now

Elevate your business with this first-floor office suite available for lease in our distinguished commercial office building. Spanning 6,333 square feet, this prime space offers great functionality, and is ideal for businesses aiming to make a strong impression. With an open concept floor plan, this suite has abundant natural light. It is located in a high-traffic area with exceptional accessibility. There is convenient access to dining & entertainment, and major transportation routes. It sits right off of Interstate 81. This building also has ample parking for your clients. Make Suite 102 your new business hub and experience the pinnacle of professional office space.

  • 2nd Fl-Ste 202
  • 3,656 SF
  • Office
  • -
  • Now

Discover the perfect office suite for your business at our prestigious commercial office building! This space offers an expansive 3,656 square feet of premium workspace, ideal for companies seeking a professional and dynamic environment. Located in a prime, high-traffic area, this suite provides unmatched accessibility and visibility. There is convenient access to dining & entertainment, and major transportation routes. It sits right off of Interstate 81. This building also has ample parking for your clients. Suite 202 is the ultimate destination for your growing business. Elevate your corporate presence—secure this exceptional office space today!

  • 4th Fl-Ste entire Fl
  • 19,243 SF
  • Office
  • -
  • Now

It presently has raised flooring throughout with dedicated 80-ton HVAC system for the floor and additional supplemental HVAC units for dedicated networking rooms. The floor has a dedicated 240Kw Diesel Generator served by an 8,000 gal. fuel tank for back-up power of all systems. There is also a freight elevator that serves this floor. Tenant’s name can be placed on the exterior of the building.

Space Size Space Use Condition Available
1st Fl-Ste 102 6,333 SF Office - Now
2nd Fl-Ste 202 3,656 SF Office - Now
4th Fl-Ste entire Fl 19,243 SF Office - Now

1st Fl-Ste 102

Size
6,333 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 202

Size
3,656 SF
Space Use
Office
Condition
-
Available
Now

4th Fl-Ste entire Fl

Size
19,243 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 102

Size 6,333 SF
Space Use Office
Condition -
Available Now

Elevate your business with this first-floor office suite available for lease in our distinguished commercial office building. Spanning 6,333 square feet, this prime space offers great functionality, and is ideal for businesses aiming to make a strong impression. With an open concept floor plan, this suite has abundant natural light. It is located in a high-traffic area with exceptional accessibility. There is convenient access to dining & entertainment, and major transportation routes. It sits right off of Interstate 81. This building also has ample parking for your clients. Make Suite 102 your new business hub and experience the pinnacle of professional office space.

2nd Fl-Ste 202

Size 3,656 SF
Space Use Office
Condition -
Available Now

Discover the perfect office suite for your business at our prestigious commercial office building! This space offers an expansive 3,656 square feet of premium workspace, ideal for companies seeking a professional and dynamic environment. Located in a prime, high-traffic area, this suite provides unmatched accessibility and visibility. There is convenient access to dining & entertainment, and major transportation routes. It sits right off of Interstate 81. This building also has ample parking for your clients. Suite 202 is the ultimate destination for your growing business. Elevate your corporate presence—secure this exceptional office space today!

4th Fl-Ste entire Fl

Size 19,243 SF
Space Use Office
Condition -
Available Now

It presently has raised flooring throughout with dedicated 80-ton HVAC system for the floor and additional supplemental HVAC units for dedicated networking rooms. The floor has a dedicated 240Kw Diesel Generator served by an 8,000 gal. fuel tank for back-up power of all systems. There is also a freight elevator that serves this floor. Tenant’s name can be placed on the exterior of the building.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
26-021421
Land Assessment
$1,942,200
Improvements Assessment
$5,635,100
Total Assessment
$7,577,300
  • Listing ID: 36724572

  • Date on Market: 7/14/2025

  • Last Updated:

  • Address: 1710 Underpass Way, Hagerstown, MD 21740

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