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36-40 N Potomac St

7,850 SF 100% Leased Retail Building Hagerstown, MD 21740 $899,000 ($115/SF) 7.65% Cap Rate

Retail Space Maryland Hagerstown 36-40 N Potomac St, Hagerstown, MD 21740

Investment Highlights

  • Fully Leased Great Paying Tenants
  • 12 Parking spaces in rear included
  • Good Excellent, updated

Executive Summary

PRIME DOWNTOWN LOCATION! COMMERCIAL BUILDING FOR SALE! 4 Updated residential apartments, 2 commercial spaces ALL FULLY RENTED. Tenants all pay on time. Brand new A/C unit. Very Good Condition, 12 parking spaces in rear of building which connects to city parking. See attached document for income/expense details.
Call Alice to schedule a tour.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual $99,999
Annual Per SF $9.99
Vacancy Loss
Annual $99,999
Annual Per SF $9.99
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,850 SF
Building Class
C
Year Built
1900
Price
$899,000
Price Per SF
$115
Cap Rate
7.65%
NOI
$68,774
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.78
Lot Size
0.23 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C3
Parking
4 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
36 FT on Potomac St
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36-40 N Potomac St, Hagerstown, MD - aerial map view
Walk Score ®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Royal Bank of Canada
Fulton Bank
Valley Storage Co
ALDI
Queenstown Bank
Lidl
Rent-A-Center
Atlantic Union Bank

PROPERTY TAXES

Parcel Number 22-005804 Total Assessment $213,000 (2024)
Land Assessment $50,000 (2024) Annual Taxes ($1) ($0.00/SF)
Improvements Assessment $163,000 (2024) Tax Year 2023

PROPERTY TAXES

Parcel Number
22-005804
Land Assessment
$50,000 (2024)
Improvements Assessment
$163,000 (2024)
Total Assessment
$213,000 (2024)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023
(717) 977-9031

Contact

  • Listing ID: 32247942

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 36-40 N Potomac St, Hagerstown, MD 21740

More public record information on 36-40 N Potomac St, Hagerstown, MD 21740

The Retail Property at 36-40 N Potomac St, Hagerstown, MD 21740 is currently available for sale. Contact RE Innovations for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 1 of 35
Building Photo
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 2 of 35
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36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 3 of 35
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36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 4 of 35
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36-40 N Potomac St, Hagerstown, MD for sale Building Photo- Image 5 of 35
Front
36-40 N Potomac St, Hagerstown, MD for sale Building Photo- Image 6 of 35
Front
36-40 N Potomac St, Hagerstown, MD for sale Building Photo- Image 7 of 35
Front
36-40 N Potomac St, Hagerstown, MD for sale Building Photo- Image 8 of 35
Front
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 9 of 35
Gym
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 10 of 35
Gym
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 11 of 35
Gym
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 12 of 35
Bathrooms
36-40 N Potomac St, Hagerstown, MD for sale Building Photo- Image 13 of 35
Back of building
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 14 of 35
Waiting Area
36-40 N Potomac St, Hagerstown, MD for sale Building Photo- Image 15 of 35
Parking
36-40 N Potomac St, Hagerstown, MD for sale Building Photo- Image 16 of 35
Parking
36-40 N Potomac St, Hagerstown, MD for sale Aerial- Image 17 of 35
Aerial view from deck
36-40 N Potomac St, Hagerstown, MD for sale Building Photo- Image 18 of 35
Deck
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 19 of 35
Common Area
36-40 N Potomac St, Hagerstown, MD for sale Building Photo- Image 20 of 35
Rear
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 21 of 35
Hallway
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 22 of 35
Common Area
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 23 of 35
Hallway
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 24 of 35
Hallway
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 25 of 35
Interior
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 26 of 35
Mailbox
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 27 of 35
Stairs
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 28 of 35
Interior
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 29 of 35
Interior
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 30 of 35
Photo Aug 30, 4 54 11 PM - Copy
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 31 of 35
Photo Aug 30, 4 54 04 PM
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 32 of 35
Photo Aug 30, 4 55 19 PM
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 33 of 35
Interior
36-40 N Potomac St, Hagerstown, MD for sale Interior Photo- Image 34 of 35
Interior

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36-40 N Potomac St
(717) 977-9031 x

36-40 N Potomac St

Alice Guy

(717) 977-9031

(717) 977-9031

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