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- LoopNet Team
725 Potomac Ave
Hagerstown, MD 21740
Retail Property For Sale

Investment Highlights
- Owner Financing With Deferred Mortgage Payment
Property Facts
- Freestanding
- General Retail Auto Repair
- General Retail Convenience Store
- General Retail Storefront Retail/Office
About 725 POTOMAC AVE , HAGERSTOWN, MD 21740
OCCUPANCY: This building is fully occupied so the play here is as an investor ONLY (although one may be able to negotiate the use of the space and yard with the current tenant) IMPROVEMENTS: This one-story concrete block 3 bay auto shop constructed in 1972 and containing 3,594 square feet of gross building area has been fully renovated inside and out including all new HVAC, two new bathrooms (one ADA compliant), new lighting, drywall, cement board siding (that will last a lifetime), paint, tiled reception area and bathrooms, roll-up doors and fenced yard and parking lot. Nothing left to do but roll your toolboxes in, hang your sign and start making money! LOCATION: 725 Potomac Avenue is located in the City of Hagerstown in Washington County, Maryland. At the northeastern corner of the City of Hagerstown commercial district, the property is within the Potomac/Broadway Historic District, a short distance southwest along Potomac Avenue. The site offers good exposure, with an annual average daily traffic count of 7,701 along the corridor of Potomac Avenue in front of the property. Surrounding properties are a mix of retail, automotive and residential uses. SITE: 0.274 acre, fronting 108.63' along Potomac Avenue. Asphalt paved parking area for 40+ vehicles. Two curb cuts. Rear loading area. Public water, public sewer, gas, electricity, telephone. Zoning CG - Commercial General - According to the City of Hagerstown zoning webpage, Commercial General zoning "Allows all types of commercial uses, except big box retail (e.g, Dual Highway, Eastern Boulevard, Best Buy shopping center, South End shopping center, Railway Lane, etc.)." FINANCING: This may be the best part of this listing. With the right offer, Owner will definitely consider financing (including the possibility of deferring the mortgage payment until the current Corona related business restrictions are lifted). For more information about Hagerstown zoning, please visit: https://www.hagerstownmd.org/304/Zoning https://www.hagerstownmd.org/639/Mapping
Property Taxes
| Parcel Number | 22-005790 | Improvements Assessment | $249,300 |
| Land Assessment | $71,600 | Total Assessment | $320,900 |
Property Taxes
Listing ID: 17596830
Date on Market: 10/31/2019
Last Updated:
Address: 725 Potomac Ave, Hagerstown, MD 21740
The Outer Downtown/Maugansville Retail Property at 725 Potomac Ave, Hagerstown, MD 21740 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
