Description
Value-Add Commercial Opportunity | BL Zoning | Two-Parcel AssemblageLocated at 17225 Virginia Ave in Hagerstown, Maryland, this BL-zoned commercial property presents a compelling value-add opportunity for investors or owner-users seeking flexibility, upside, and long-term positioning in an established commercial area.The property consists of two separate parcels conveyed together, offering a combined site with frontage along Virginia Avenue, Decker Avenue, and U.S. Route 11. This multi-frontage configuration enhances visibility, access, and functional layout, while also providing future flexibility for repositioning, reconfiguration, or redevelopment, subject to zoning and approvals.The existing improvements offer a solid foundation for a variety of neighborhood-serving commercial uses permitted under BL zoning, including retail, office, service, or mixed commercial concepts. The value-add component lies in physical upgrades, tenant repositioning, or operational improvements, allowing a buyer to unlock additional income and long-term value.Properties with multiple parcels under common ownership are increasingly attractive due to their adaptability. Whether maintained as a single operation or strategically enhanced over time, this asset provides optionality that is difficult to replicate in today’s market.Situated in a proven Hagerstown submarket with established surrounding uses, this offering is well suited for buyers looking to add value through active management, capital investment, or future site optimization within a flexible commercial zoning framework.
School Information
Description
Value-Add Commercial Opportunity | BL Zoning | Two-Parcel AssemblageLocated at 17225 Virginia Ave in Hagerstown, Maryland, this BL-zoned commercial property presents a compelling value-add opportunity for investors or owner-users seeking flexibility, upside, and long-term positioning in an established commercial area.The property consists of two separate parcels conveyed together, offering a combined site with frontage along Virginia Avenue, Decker Avenue, and U.S. Route 11. This multi-frontage configuration enhances visibility, access, and functional layout, while also providing future flexibility for repositioning, reconfiguration, or redevelopment, subject to zoning and approvals.The existing improvements offer a solid foundation for a variety of neighborhood-serving commercial uses permitted under BL zoning, including retail, office, service, or mixed commercial concepts. The value-add component lies in physical upgrades, tenant repositioning, or operational improvements, allowing a buyer to unlock additional income and long-term value.Properties with multiple parcels under common ownership are increasingly attractive due to their adaptability. Whether maintained as a single operation or strategically enhanced over time, this asset provides optionality that is difficult to replicate in today’s market.Situated in a proven Hagerstown submarket with established surrounding uses, this offering is well suited for buyers looking to add value through active management, capital investment, or future site optimization within a flexible commercial zoning framework.
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