For Sale
$1,450,000

18122 Oak Ridge Dr Hagerstown, MD 21740

11,897 SF Flex Space, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
138
This 11,897-square-foot flex space industrial building, situated on a 2.94-acre lot in Hagerstown, Maryland, presents a compelling investment opportunity. Built in 1900 and extensively renovated in 2020, the property boasts a Class B rating and is currently vacant, offering immediate occupancy. The single-story building features 15-foot ceilings, two loading docks, and two dock-high doors, along with two additional roll-up doors. The property is zoned IG and offers ample power (240V) and gas heating. Updated offices and excellent connectivity are key features. Its strategic location provides easy access to I-70, placing it in close proximity to major transportation arteries. The property's adjacency to an Amazon distribution center and other industrial facilities further enhances its appeal. The layout is easily divisible, allowing for potential owner-occupancy and leasing of a separate unit. This fee-simple ownership provides complete control and potential for significant return on investment. The property's size and features make it suitable for a variety of industrial and flex uses. The asking price is $1,450,000. This is a rare opportunity to acquire a well-maintained, strategically located industrial property in a thriving market.

Highlights

  • 11,897 SF flex space industrial building on a 2.94-acre lot in Hagerstown, MD.
  • Class B building, renovated in 2020, currently vacant.
  • Features 15' ceilings, two loading docks, two dock-high doors, and two roll-up doors.
  • Zoned IG, ample 240V power, gas heat, updated offices.
  • Excellent I-70 access, near Amazon distribution center.
  • Easily divisible layout, suitable for owner-occupancy or leasing.

Property Details for 18122 Oak Ridge Dr

Property type
Industrial properties, Flex space
Square Feet
11,897 SF
Class
B
Year Built/Renovated
1900/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
128,066 SF

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.612370204363
Longitude
-77.742701080698

FAQs

What type of property is this?
Industrial property - 11,897 SF Flex Space, Prime Location
Where is the industrial property located?
The property is located at 18122 Oak Ridge Dr Hagerstown, MD.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 11,897 SF flex space industrial building on a 2.94-acre lot in Hagerstown, MD.; Class B building, renovated in 2020, currently vacant.; Features 15' ceilings, two loading docks, two dock-high doors, and two roll-up doors.
How can I contact the broker?
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18122 Oak Ridge Dr
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