5+ ACRES- SUNSET TAVERN & RENTAL UNITS | 16716 National Pike
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5+ ACRES- SUNSET TAVERN & RENTAL UNITS 16716 National Pike
10,000 SF 100% Leased Retail Building Hagerstown, MD 21740 $595,000 ($60/SF)
Investment Highlights
- Located on the National Pike
Executive Summary
Investment Property for Sale:
Washington County.
Broadfording Rd to the north, McDade Rd to the east, U.S. Route 40 to the south, and Greencastle Pike (MD Route 63 to the west)
Agricultural, residential, and local commercial uses are currently prevalent in the immediate neighborhood. A majority of the area to the east and north is in transition to industrial use
ZONING- PI, Planned Industrial
Building 1- Previously known as the Sunset Tavern (in business for 60 +/- years with a bar and grill, open floor area, billards area, outdoor bar and deck with stage and entertainment area.)
Building 2- Apartment building with three (3) One bedroom, one bathroom apartments.
Storage Units attached to the back of the building
Building 3- Single family cape cod home. 2 bedrooms, 1 bath located on the second floor. Living room, kitchen, and dining room located on the main floor. Unfinished basement has washer and dryer hook-ups. Building 3 is currently leased.
Washington County.
Broadfording Rd to the north, McDade Rd to the east, U.S. Route 40 to the south, and Greencastle Pike (MD Route 63 to the west)
Agricultural, residential, and local commercial uses are currently prevalent in the immediate neighborhood. A majority of the area to the east and north is in transition to industrial use
ZONING- PI, Planned Industrial
Building 1- Previously known as the Sunset Tavern (in business for 60 +/- years with a bar and grill, open floor area, billards area, outdoor bar and deck with stage and entertainment area.)
Building 2- Apartment building with three (3) One bedroom, one bathroom apartments.
Storage Units attached to the back of the building
Building 3- Single family cape cod home. 2 bedrooms, 1 bath located on the second floor. Living room, kitchen, and dining room located on the main floor. Unfinished basement has washer and dryer hook-ups. Building 3 is currently leased.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
10,000 SF
Building Class
C
Year Built
1950
Price
$595,000
Price Per SF
$60
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.05
Lot Size
5.00 AC
Zoning
PI - Planned Industrial
PROPERTY TAXES
| Parcel Number | 24-000567 | Improvements Assessment | $67,300 |
| Land Assessment | $390,000 | Total Assessment | $457,300 |
PROPERTY TAXES
Parcel Number
24-000567
Land Assessment
$390,000
Improvements Assessment
$67,300
Total Assessment
$457,300
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5+ ACRES- SUNSET TAVERN & RENTAL UNITS | 16716 National Pike
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