19833 Leitersburg Pike, Hagerstown, Md

$2,199,000

Price

22,470 sqft

Building Size

1989

Year Built

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Street
Map
Overview
Building Size
22,470 sqft
Year Built
1989
Price Per Sqft
$97.86
Zoning
BG
Roof
Rubber
Description

Road Frontage, Level, Premium

Investment opportunity - "The Equinox” is a modern and upscale property, located just minutes away from the I-81 and I-70 interchange. It's prime location gives it great visibility and offers easy ingress and egress to consumers. The property has a 8.8 Cap Rate and generates an impressive NOI of $200,000. It boasts 22,000+ square feet, including a rear warehouse, on a spacious 3.44-acre land. The front and rear parking lots provide ample parking space for tenants and visitors, which were completely overlaid in 2017. The Exchange is equipped with essential features like multi-zone HVAC, new units, three-phase power, and Cat 5 cabling throughout. Two floors of office space. The Equinox is a great investment opportunity for income-producing property hunters. The potential to earn extra income and expand portfolios makes the Equinox appealing. Its modern features and prime location are assets that will sustain it for years to come. It has a new roof and a modern multi-zone HVAC system with everything wired throughout. Fiber to the facility adds significant value to the modern infrastructure. Don't miss your chance to invest in this lucrative and well-maintained property.

Highlights
  • Days on Market: 847
  • Parking Features: Private, Paved Parking, Handicap Parking
  • Heating: Heat Pump(s)
Location
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