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480 & 498 N. POTOMAC STREET | HAGERSTOWN 2 Office Properties Offered at $2,650,000 in Hagerstown, MD
Executive Summary
480 and 498 N. Potomac Street, Hagerstown, MD; a rare stabilized investment opportunity to acquire a bank credit office investment at well below replacement cost, that offers strong cash flow through 100% tenant occupancy with Middletown Valley Bank Corporate Headquarters. The acquisition provides investors with an urban, two-building office portfolio, approx. 18,000 square-feet, NNN lease in Hagerstown, MD.
Property Facts
| Price | $2,650,000 | Number of Properties | 2 |
| Price / SF | $148.38 / SF | Individually For Sale | 0 |
| Cap Rate | 8% | Total Building Size | 17,860 SF |
| Sale Type | Investment | Total Land Area | 1.38 AC |
| Status | Active |
| Price | $2,650,000 |
| Price / SF | $148.38 / SF |
| Cap Rate | 8% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 17,860 SF |
| Total Land Area | 1.38 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 480 N Potomac St, Hagerstown, MD 21740 | Office | 12,860 SF | 1948 | - |
| 498 N Potomac St, Hagerstown, MD 21740 | Office | 5,000 SF | 1910 | - |
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480 & 498 N. POTOMAC STREET | HAGERSTOWN
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