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28-30 W Washington St 12,390 SF 75% Leased Office Building Hagerstown, MD 21740 $865,000 ($69.81/SF) 10.54% Cap Rate
INVESTMENT HIGHLIGHTS
- Elevator access and front/rear staircases
- Located next to the University of Maryland Hagerstown campus
- Walk Score of 91 – a true walker’s paradise
- Just one block from the new multi-use stadium and three public parking decks
EXECUTIVE SUMMARY
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
- Smoke Detector
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Large 3320 SF office on second floor in downtown Hagerstown, next to the University of Maryland of Hagerstown. Unit has elevator as well as front and rear staircase. Gross Rent; includes water, sewer, trash, CAM, insurance, HVAC & Elevator Maintenance. Just a block away from new downtown Multi Use Facility/Stadium and parking deck just out the back door and new parking deck less than a block away with a 3rd parking deck a block and half away.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 3,320 SF | Office | Full Build-Out | 30 Days |
2nd Floor
| Size |
| 3,320 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size | 3,320 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | 30 Days |
Large 3320 SF office on second floor in downtown Hagerstown, next to the University of Maryland of Hagerstown. Unit has elevator as well as front and rear staircase. Gross Rent; includes water, sewer, trash, CAM, insurance, HVAC & Elevator Maintenance. Just a block away from new downtown Multi Use Facility/Stadium and parking deck just out the back door and new parking deck less than a block away with a 3rd parking deck a block and half away.
PROPERTY TAXES
| Parcel Number | 25-011090 | Total Assessment | $498,200 (2025) |
| Land Assessment | $50,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $448,200 (2025) | Tax Year | 2022 |
PROPERTY TAXES
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28-30 W Washington St
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