62 Antietam StHagerstown, MD 21740

Property Details for 62 Antietam St

Year built

1959

Construction

BRICK

Lot size

0.11 AC

Property size (Sq ft)

2,800 SF

Zone code

CCMU

Property type

Office properties

Property subtype

Office buildings

APN

17-004573

APU

17004573

Description

This 2,300 square foot restaurant space in Hagerstown, Maryland, presents a fantastic turnkey opportunity for food service entrepreneurs. Located at 62-64 West Antietam Street, this single-tenant property boasts a pre-installed hood system and a three-compartment sink, significantly reducing initial setup costs. New bathrooms are currently being installed, ensuring compliance and a modern feel. The property's strategic location directly across from a new stadium offers exceptional visibility and high foot traffic potential, ideal for attracting a diverse customer base. Situated in Washington County, Maryland, with a zip code of 21740, this restaurant space is ready for immediate occupancy. The existing infrastructure minimizes the time and expense associated with build-out, allowing for a swift and efficient launch of your culinary venture. This is a rare opportunity to establish a thriving business in a high-demand area with significant growth potential. The property's convenient location and existing features make it an attractive investment for experienced restaurateurs and new business owners alike. Don't miss this chance to capitalize on the vibrant Hagerstown market.

• CAP approach

  CAP return

  Valuation

  6%

  $666,429

  6.5%

  $615,165

  7%

  $571,225

• Comparable approach

  Method

  Valuation

  Relative Method

  $559,832

  Geo Method

  $559,832

• Alternative Use

  Use

  Valuation

  Residential

  $762,805

  Hospitality

  $698,725

  Educational

  $581,331

  Medical

  $601,324

  Retail

  $904,292

Location Insight

City

Hagerstown

County

Washington

State

Maryland

Latitude

39.64

Longitude

-77.7191

CBSA code

25180

CBSA name

HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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