100 Antietam StHagerstown, MD 21740

Property Details for 100 Antietam St

Year built

1900

Construction

BRICK

Lot size

0.31 AC

Property size (Sq ft)

21,812 SF

Zone code

CCMU

Property type

Office properties

Property subtype

Office buildings

APN

03-016951

APU

3016951

Description

This exceptional Class A office property, located in Downtown Hagerstown, Maryland, offers a prime opportunity for businesses seeking flexible and well-appointed space. The property consists of two buildings totaling 19,156 square feet, situated on 0.31 acres of land. Built in 1984, the two-story buildings feature 30 parking spaces and convenient elevator access. Currently, two office suites are available for lease. One suite offers 6,200 contiguous square feet on the second floor of 100 W Antietam Street, boasting abundant natural light from large windows, spacious offices, a conference room, and a large open workspace. A second suite of 3,800 square feet is also available on the second floor of a connected building at 41-43 Summit Ave. Both buildings are part of the same property and share amenities. The minimum divisible space is 3,800 square feet, with a maximum contiguous space of 6,200 square feet. The property is zoned Center Center-Mixed Use, offering versatility for various business types. This is a rare opportunity to secure high-quality office space in a vibrant downtown location. The property's central location provides easy access to local amenities and transportation.

• CAP approach

  CAP return

  Valuation

  6%

  $5,191,480

  6.5%

  $4,792,135

  7%

  $4,449,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,361,092

  Geo Method

  $4,361,092

• Alternative Use

  Use

  Valuation

  Residential

  $5,942,248

  Hospitality

  $5,443,066

  Educational

  $4,528,568

  Medical

  $4,684,312

  Retail

  $7,044,438

Location Insight

City

Hagerstown

County

Washington

State

Maryland

Latitude

39.6422

Longitude

-77.7239

CBSA code

25180

CBSA name

HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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