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480 & 498 N. POTOMAC STREET | HAGERSTOWN 2 Office Properties Offered at $2,650,000 in Hagerstown, MD

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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
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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  • Listing ID: 34877185

  • Date on Market: 2/19/2025

  • Last Updated:

  • Address: 480 & 498 N. POTOMAC STREET | HAGERSTOWN, Hagerstown, MD

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