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Westshire Professional Center 920 W Washington St 89,400 SF 4% Leased Office Building Hagerstown, MD 21740 $2,250,000 ($25.17/SF)
Investment Highlights
- Located near 3 major highways and 3 states
- Building is rentable and can be repurposed for multiple uses. Ample parking on 3 acres
- low acquisition cost for 89,000 SF
Executive Summary
Priced at $30sf. This 89,400 sf former school can be repurposed for e-commerce, light manufacturing, distribution or office space. The property can be converted to assisted living by right. Located near I-81 and Rte 70. Hagerstown is experiencing industrial development expansion. Join Amazon, Fairfield Industries, Hitachi and Volvo with exceptionally low assessments and a strong work force.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Building Size
89,400 SF
Building Class
C
Year Built
1914
Price
$2,250,000
Price Per SF
$25.17
Percent Leased
4%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
29,800 SF
Building FAR
0.54
Lot Size
3.79 AC
Zoning
C2 - Commercial General district: Allowing for a wide range of commercial uses, often including retail, services, and offices, but excluding large-scale retail or industrial uses.
Amenities
- 24 Hour Access
- Bus Line
- Fenced Lot
- Signage
- Storage Space
- Central Heating
- High Ceilings
- Natural Light
- Air Conditioning
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Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 25-033566 | Improvements Assessment | $169,200 |
| Land Assessment | $568,500 | Total Assessment | $737,700 |
Property Taxes
Parcel Number
25-033566
Land Assessment
$568,500
Improvements Assessment
$169,200
Total Assessment
$737,700
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Contact the Sale Advisor
Westshire Professional Center | 920 W Washington St