23,800 Square Feet | 530 N Locust St
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23,800 Square Feet 530 N Locust St
23,880 SF Office Building Hagerstown, MD 21740 £1,019,733 (£43/SF)
Investment Highlights
- Zoned RMED
- Includes 3,260 SF metal clad building
- 101 Parking Spaces
Executive Summary
The site is improved with a 23,880 square foot three story brick building that was originally constructed in 1930 as a school building, previously used by Washington County school district. In addition to the main building, the property also includes a 3,260 square foot metal clad building, also used for classes and storage. The property has several classrooms and training rooms, conferences room, administrative offices and a large staff lounge. The property is well-maintained and shows well!
The subject property includes Parcel 750, which is located on N Locust Street in Washington County and includes approximately 1.77 acres of land. The site is entirely fenced with a paved parking area with 101 spaces.
The current zoning is "Residential-Medium Density" (RMED). The purpose of is for a more dense development of single-family, two-family, and townhouse neighborhoods between the outer edges and downtown and also in newer development at the outer edges of the city, but is currently used for offices and classrooms, so is presumed non-conforming use.
The subject property includes Parcel 750, which is located on N Locust Street in Washington County and includes approximately 1.77 acres of land. The site is entirely fenced with a paved parking area with 101 spaces.
The current zoning is "Residential-Medium Density" (RMED). The purpose of is for a more dense development of single-family, two-family, and townhouse neighborhoods between the outer edges and downtown and also in newer development at the outer edges of the city, but is currently used for offices and classrooms, so is presumed non-conforming use.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
23,880 SF
Building Class
C
Year Built
1930
Price
£1,019,733
Price Per SF
£43
Tenancy
Single
Number of Floors
3
Typical Floor Size
7,960 SF
Building FAR
0.44
Land Acres
1.25 AC
Opportunity Zone
Yes
Zoning
RMED
1 of 1
Bike Score ®
Very Bikeable (73)
PROPERTY TAXES
| Parcel Number | 22-021753 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,264,914 |
PROPERTY TAXES
Parcel Number
22-021753
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,264,914
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Taylor Bowen -
Berkshire Hathaway | Bowen Realty
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23,800 Square Feet | 530 N Locust St
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