133 Burhans BlvdHagerstown, MD 21740
- Warehouses
- 16,428 SF
Property Details for 133 Burhans Blvd
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 1.01 AC
- Property size (Sq ft)
- 16,428 SF
- Zone code
- IR
- Property type
- Warehouses
- APN
- 03-001962
- APU
- 3001962
Description
This exceptional 21,804 square foot industrial building in Hagerstown, MD, presents a remarkable investment opportunity. Situated on a 1.01-acre lot, this four-story, all-brick structure boasts two loading docks, a new HVAC system, updated water heaters and windows, and fresh paint throughout. The building features 36"+ wide hallways, a new elevator (currently under construction), exterior cameras, a main entrance lock, monitored security, motion detectors, smoke detectors, and an indoor sprinkler system, ensuring safety and accessibility. The third floor offers impressive 26.5-foot ceiling heights, shared restrooms, and water fountains. The property includes 16,000+ square feet of finished, fully rented space, plus additional build-out ready areas, promising significant rental income potential. Additional amenities include a new fire escape, overhead doors, conveyors, fencing, and blacktop. Zoned for industrial use, this versatile property is ideal for storage, warehousing, light industrial operations, or office space. Its location offers convenient access to major transportation routes, including an airport less than 10 miles away and a bus stop within one mile. Strategically positioned near the new Amazon Fulfillment Center and other key commercial hubs, this property offers unparalleled access to major retail and distribution networks. The asking price is $1,100,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $4,475,483
- Hospitality
- $4,099,518
- Educational
- $3,410,751
- Medical
- $3,528,052
- Retail
- $5,305,613
Location Insight
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Latitude
- 39.6447
- Longitude
- -77.7294
- CBSA code
- 25180
- CBSA name
- HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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