Incredible investment opportunity! This 9-unit portfolio, consisting of 8 residential units and 1 commercial space, spans across three separate buildings with three individual tax records(2217003070, 2217014269, 2217014250) in a prime downtown Hagerstown location. The portfolio has undergone extensive renovations, with over $500,000 in upgrades completed to bring all units up to code and ready to rent. Key improvements include electrical service upgrades, plumbing, structural repairs, and roof replacements in 2024. Additionally, 209 and 207 E Washington Street are being fitted with brand-new baseboard heating systems. 201 E Washington Street: A 5-unit property with 4 residential units and 1 commercial space. Several units underwent full gut rehabs, including new flooring, drywall, and paint. Electrical, plumbing, and HVAC systems have been updated, and the roof was repaired/replaced in 2024. 207 E Washington Street: This 3-bedroom, 1-bathroom duplex was fully renovated with new electrical wiring, plumbing, flooring, drywall, and a brand-new two-story deck. The kitchen and bathroom were completely updated, and the roof was repaired/replaced in 2024. Currently being outfitted with new baseboard heating. 209 E Washington Street: A 3-bedroom, 2-bathroom duplex that underwent a complete gut rehab. Improvements include updated electrical and plumbing, new flooring, drywall, and two newly installed bathrooms. The deck was repaired, and a second-floor exit was added. Roof/replaced in 2024. Currently being fitted with new baseboard heating. 211 E Washington Street: This 4-bedroom, 2-bathroom duplex received significant upgrades, including electrical service, new subflooring, drywall, and framing for an additional approved bedroom. Roof repaired/replaced in 2024. The property requires only finishing cosmetic touches to complete. 213 E Washington Street: A 4-bedroom, 1-bathroom duplex with essential upgrades completed, including electrical service and exterior cleanup. Roof repaired/replaced in 2024. This unit will not be fully finished and is being sold as-is. This portfolio offers substantial potential with its strategic location, extensive renovations, and flexible zoning for both residential and commercial use. With most units move-in ready and minimal cosmetic work required for completion, this is a rare opportunity to acquire a well-upgraded, high-income potential property in the heart of downtown Hagerstown.
Marvelous 2 unit corner 330-332 Mill st sold together or separately call for details. Potential uses for this space. Well maintained with private parking space. Great location plenty of rooms and bathrooms. Both unit total sqft is 2800+
This versatile commercial property in the heart of Hagerstown offers endless potential for revitalization or redevelopment. Previously operated as the Oasis Laundromat, the space is fully equipped with all necessary machinery, which conveys with the sale. The main level features a spacious laundromat area and a separate office with its own private entrance and bathroom. The lower level, accessible from the rear alley, includes a large parking lot, a roll-up door, and open space currently used for storage. This property is perfect for reviving a laundromat business or reimagining the space for your own venture, whether retail, office, or another commercial use. Don’t miss this opportunity to bring your vision to life in the thriving City of Hagerstown.
DUAL HIGHWAY FRONTAGE. High Traffic Retail Opportunity - Income Investment Property. Current land use is new & used tire store, tenant occupied. Entrance to Hagerstown. Good visibility. Ideal adaptive reuse property Previous use was a carwash. Fronts both E. Franklin & the Dual Highway.
Just under 2 acres and Zoned HI (Highway Interchange District), the property allows for commercial and light industrial use, perfect for blending home and business. With a stone and asphalt driveway for up to 13 vehicles, this home offers flexibility and potential. Schedule your showing today and envision the possibilities! "HI District established to provide suitable locations for commercial activities or light industrial land uses that have a need to be located near the interstate highway system to facilitate access by a large number of employees or the receipt or shipment of goods by highway vehicles. " Please see attachment of allowed uses and subcategories of allowed uses and exceptions under HI. Stating BL, BG, PB and ORT and IR except helliports and commercial communications towers.
Take this amazing opportunity to purchase a multi-use commercial property. With a total of 10,000 SQFT, the building offers lots of space for multiple offices and businesses. Plenty of work area, private offices, storage and warehouse space available! With large windows across the front, this can be used as a showroom. Or you can use it as a school, warehouse, office, restaurant, or more. Property is directly across an apartment complex, with moderate traffic and commerce, you will surely have a good and quick return on investment. Handicap accessible, with separate gas and electric meters, plenty of parking spaces both in front and rear. Very close to recreation areas such as Hager Park, Staley Park and Potterfield Pool, 12 minutes away from Hagerstown Regional Airport and excellent access to freeways and major arteries. This building will truly be a great asset to your portfolio. Truly a must see! Schedule your showing now!
PRIME COMMERCIAL OPPORTUNITY IN HAGERSTOWN, MD! EXCELLENT LOCATION ON THE CORNER OF N POTOMAC ST AND W CHURCH ST! 100,000 square foot building previously used as a YMCA this commercial property has many potential uses! Potential uses include but are not limited to Residential, commercial, Mixed-Use, and light manufacturing. For specific permitted uses please visit the city of Hagerstown Land Management Code Page. Excellent Hagerstown, MD location with close proximity to the brand new Meritus Park, Barbara Ingram School for the Arts, The Maryland Theatre, Western MD Regional Library, The Potomac Towers, Hagerstown Fairgrounds Park, University Plaza, and more! Convenient to US Hwy 40, US 11, I-81, Rt 70, and more! The building features a grand entryway, large rooms, gymnasiums, indoor track, swimming pools, theaters, racquetball courts, meeting rooms, over 60 dorm rooms, and more! The property has 165 feet of frontage on W Potomac St, and 230 feet of frontage on W Church St. Grants for renovations may be available, contact the City Of Hagerstown Department of Community and Economic Development. Endless possibilities on this one-of-a-kind property! This property will be offered at a sealed bid auction on Wednesday January 22, 2025 with bids being due at 1:00pm. The List price in no way represents a minimum, starting, or acceptable bid. Sealed bid forms will be available in the information packet.
Commercial Opportunity with Endless Potential! Welcome to this newly renovated commercial property, offering a prime space for your business dreams! Once back in the day it was operated as Gossard’s Convenience Store, this versatile building is ready for its next chapter. Whether you’re envisioning an office, retail storefront, or specialty service, this property is designed to meet your needs. Key Features: Flexible Layout: Three separate rooms provide ample space for customization, perfect for a variety of uses including office, retail, or specialized services. Modern Amenities: All-new wiring from the pole into the building and throughout ensures safety and reliability for today’s business demands. Comfort & Accessibility: Handicap-accessible entry and bathroom, comfort zone wall radiant heater, and a large ceiling fan enhance the customer and employee experience. Bright & Functional: LED lights throughout, freshly painted walls inside and out, and a sleek, modern vibe create an inviting atmosphere. Ready for Culinary Ventures: Exhaust setup for a potential kitchen with dish drain make this ideal for a catering or restaurant business. Durable & Secure: Brand-new metal roof, all-new windows, and freshly updated flooring provide peace of mind for years to come. Knox Box for emergency entry. Possible Uses: Office space for business or professional use, Catering and off-site delivery operations, Storage and warehousing, Restaurant or food service, Dry cleaning or laundry services, Salon, piercing studio, or dog grooming, Retail or wholesale space With its high-visibility location, fresh upgrades, and flexibility, this property is a blank canvas for your entrepreneurial vision. Don’t miss this opportunity to secure a space that’s as ready to work as you are! Schedule a tour today and take the first step toward making your business a reality!
This turnkey investment is truly a must-see! The seller is open to financing a portion of the loan, making it even more accessible. This fully operational laundromat featuring 18 washing machines and 17 clothes dryers, consistently generating a stable income. The property also includes a check-cashing business and a convenience store, offering multiple revenue streams. With over 15 parking spaces. Recent upgrades include a brand-new roof, new plumbing, and a freshly painted, with the parking lot set for upgrades and repainting soon. Don’t miss out—schedule your showing today!
Welcome to a timeless multi-family community that blends mid-century character with modern enhancements. Built in 1954, on a 4.414 acres lot. this vintage complex comprises 66 thoughtfully designed units: 19 one-bedroom and 47 two-bedroom apartments, plus one additional unit allocated for office use (not included in the residential analysis). Each residential unit is equipped with a full bathroom featuring a tub with shower, sink, and toilet, all complemented by ceramic tile flooring. Fixtures have been updated on an as-needed basis, ensuring comfort and functionality. The property features two large buildings, divided into nine distinct sections with unique rooflines and entrances, adding architectural charm best appreciated from an aerial view. A central foyer, stairwell, and common corridor on each floor enhance accessibility, while laundry facilities on the basement level add convenience. The grounds include a paved parking area with 46 designated spaces and a state-of-the-art 24-hour video monitoring system, ensuring tenant security. Situated in a vibrant yet serene community, the location is second to none. The property is near the Longmeadow Shopping Center, anchored by the Amish Market, and Stone House Square, featuring big-box anchors like Loweâs and Weis. Both retail hubs are within walking distance and flank SR 60, north of Northern Avenue. Nearby, the prestigious Fountain Head Country Clubâestablished in 1924âadds a touch of opulence to the area with its golf course winding through an enclave of upper-bracket homes. Across the highway lies a newer office facility hosting JLG Industries, an expansion of the office sector in the north end. Proposed development plans include utilizing two acres of land fronting Northern Avenue for two potential commercial pads, further enhancing the areaâs growth prospects. The property's proximity to these amenities and its strategic position north of Hagerstown's city limits, characterized by modern subdivision-style developments, add to its appeal. Since acquisition in 2017, over $1.5 million has been invested in updates, including freshly painted units, refinished hardwood floors, new light fixtures, and upgraded kitchen flooring. Common areas have been revitalized with modern touches, from the foyer and stairwells to the laundry facilities. The central boiler, replaced in 2012, provides efficient gas heating for the entire complex, while tenants independently manage air conditioning via window units. With tenants paying their own utilities through a Ratio Utility Billing System (RUBS), this property offers an attractive value-add opportunity. A proactive leasing strategy has significantly reduced vacancies, positioning the property as a desirable and profitable asset. Schedule a private tour today to explore this unique blend of vintage charm, modern amenities, and prime location. Donât miss out on this exceptional investment opportunity.
District Provision & Supply Company, formally known as "The Plum" is ready for new owners! This absolutely stunning space gives you over 2,400 sqft for operations, including a large entry room with a custom built bar and plenty of space for additional seating, a formal dining room which sits comfortably below a 2-tier loft area which is perfect for parties and special occasions, a fenced in 30x10 outdoor patio seating area, 2 separate restrooms, 2 kitchen/prep spaces, an additional storage area for supplies and 4 designated parking spots. The business is being sold with the equipment and furnishings. This includes, but is not limited to, custom furnishings by Beachley, indoor and outdoor tables and chairs, the kitchen equipment and the glassware and dish ware. The liquor license allowed for sales to patrons dining in, and also for to-go beer and wine sales. Over the last 3 years the owner has made the following improvements and upgrades to the business and commercial space: new paint, new flooring, new lighting, new furnishings and new kitchen equipment. Located just beside the Maryland Theatre and just a block away from the new Meritus Park, there is so much potential with the history of this business, it's desirable location and beautiful architecture, and what seems to be a strong desire from the community to see this restaurant come back to life! Utilize the outdoor patio seating for those warm summer nights, throw parties or host special occasions in the 2-tier loft area with glass railings and exposed interior brick accents, or even run promos that coordinate with events at the Maryland Theatre and with the Hagerstown Flying Boxcars at the nearby stadium to bring in more business! The possibilities are endless, and the community is ready for this business to be back and operational. Start off 2025 as the new owner of District Provision & Supply Company!
Great Renovated Commercial Building with Over 2,600 sq ft in a Wonderful Location with Easy Access to I-81 and I-70. Renovated and Ready for Your Business. Offers Reception and Conference Areas, Multiple Offices, Kitchen and 2 1/2 Baths. 1,100 + sq ft Heated Garage Space.
This offering presents a rare opportunity to acquire a fully upgraded, turn-key assisted living facility designed with modern, energy-efficient systems and resident-centric amenities. Situated on a tranquil 3.35-acre lot, this property provides a comfortable environment tailored for high-quality senior care and is ideally located near essential services and major highways. The facility is currently approved to accommodate up to 9 residents via special exception. Significant capital improvements, totaling approximately $700,000, have prepared this facility for immediate occupancy and ongoing operational success. These upgrades include all-new electric systems with a 400-amp service, updated plumbing, a new HVAC and ductwork system with central A/C, heating, and steam humidity control, and a septic system approved valued at $70,000.
Prime investment opportunity! Currently generating over $7,000 in monthly rental income with potential for further increases to market rates, this all-brick, fully-occupied multi-family property in downtown Hagerstown offers an exceptional addition to any portfolio. Featuring six spacious units, approximately 835 sq ft each, the building is fully equipped with separate electric meters, placing utility responsibility on tenants and streamlining management. Solid structural integrity is ensured with a brick and masonry foundation, complemented by new replacement windows that enhance energy efficiency. Each floor is thoughtfully laid out with two large units, providing tenants with ample living space and privacy. Situated in a high-demand area blending residential and commercial properties, the building benefits from a steady influx of local and out-of-town investors who are actively refurbishing neighboring properties. With rental licenses, lead certificates, and compliant zoning already in place, this property holds a legal, non-conforming grandfathered status, ensuring no adverse impact on rental income or property value. For added convenience, the property includes private rear parking, and current leases are available for qualified investors’ review. Located at the gateway to Hagerstown’s vibrant arts and entertainment district, this turnkey property offers strong rental appeal and significant investment potential. Don’t miss the opportunity to acquire a robust, low-maintenance property in a prime location. AS A BONUS, PURCHASE THIS BUILDING ALONG WITH ANOTHER SIX-UNIT PROPERTY FROM THE SAME SELLER for an expanded investment opportunity in this vibrant area
This 1961 mobile home sits on a prime .39-acre lot zoned Highway Interchange (HI), offering versatile commercial development potential. The property includes a mobile home with a large addition, featuring 3 bedrooms, 1 full bathroom, a living room, kitchen, sunroom, and a basement. Located just minutes from I-70 and near Hagerstown Premium Outlets, this site offers excellent accessibility for a variety of business uses. Please note, this property is not eligible for conventional residential financing. Don’t miss this unique opportunity!
Office, Salon, Store and more. The possibilities are endless. Adjacent space available.
11% CAP RATE , THIS PROPERTY IS AN INCOME PRODUCER. GREAT LOCATION AND PARKING. BOTH APARTMENTS ARE NEWLY RENOVATED AND FULLY LEASED. POTENTIAL FOR FUTURE INCOME AS WELL. 24 -48 NOTICE TO SHOW, LISTING AGENT WILL ACCOMPANY SHOWINGS! COMMERICAL LEASE WITH OPTIONS TO RENEW WITH A LONG TERM TENANT. CALL FOR DETAILS!
BUSINESS ONLY, TURN KEY OPERATION, WELL KNOWN AUTO SERVICE CENTER CLIENT LIST, 6 LARGE OVERHEAD DOORS, 5 LIFTS, COMPLETE INVENTORY LIST UPON REQUEST. MONTHLY LEASE OF $2,000.00
Nestled in the heart of Hagerstown, the all-brick, 4-story Block Enterprises building offers a prime opportunity with over 22,000 sq ft of versatile space on a 1.01-acre lot, zoned for Industrial use and conveniently situated next to Steffey & Findlay. This property, featuring two loading docks, is ideally suited for a variety of purposes including storage, warehouse, light industrial uses, office space, or as a lucrative investment. The building accommodates a range of space needs, from single rooms and offices to large open areas, making it perfect for both small businesses and large corporations. It is equipped with comprehensive safety and accessibility features, such as 36"+ wide halls, a brand new elevator (currently under construction), exterior cameras, a main entrance lock, monitored security, motion detectors, smoke detectors, and an indoor sprinkler system. The third floor, with its 26.5-foot ceiling heights, shared men's and women's bathrooms, and two water fountains, adds to the convenience for all users. Recently upgraded with a new HVAC system, water heaters, windows, and fresh paint, the building is in very good condition. Spanning 16,000+ sq ft across above ground levels of brick/stone construction, the fully rented finished areas, along with additional spaces ready for build-out, present a significant opportunity for increased rental income. Additional amenities include a new fire escape, overhead doors, conveyors, fencing, and blacktop, all offered at an exceptional price of $1,100,000. This prime commercial real estate is not only flexible and manufacturing-friendly but also perfectly suited for professional offices, warehouses, or creative spaces like a dance studio. With the airport less than 10 miles away and a bus stop less than 1 mile, the location ensures convenient transportation options for any business. The property offers endless potential with a wide range of possible uses, further enhanced by the upcoming addition of a brand new elevator. Strategically positioned within two miles of the new Amazon Fulfillment Center, Lowe's Home Improvement, and other key commercial hubs, this property ensures unparalleled access to major retail and distribution networks, marking it as a standout opportunity in Hagerstown.
5 Rental Units. Main building 1st floor unit 1-1/2 baths 2-3 Bedrooms washer and dryer hook ups. 2nd floor unit 1-1/2 bath 3-4 bedrooms washer and dryer hook ups. 3rd floor unit 1-1/2 baths 3-4 bedrooms Washer and Dryer hook ups. 2 unit building, both have 2 full baths 3 bedrooms washer and dryer hook ups. Lots of private off-street parking and units are fully rented. All tenants at this time are month to month. All good long term tenants. All tenants have been there 5 years or more. All units registered with the city and are lead safe. Viewing the units may take some effort as the tenants all have different work schedules. Don't miss this opportunity. It may not last long.
DEVELOPMENT OPPORTUNITY. Building Lot ONLY. Highly visible site located on Robinwood Dr, Hagerstown, MD. Site is sandwiched between the expanding Meritus Medical Campus as well as the Hagerstown Community College and surrounded by various residential neighborhoods. The site consists of 1.2 acres and currently has a PUD overlay for zoning. Buyer to conduct their own Due Diligence. Call for more details
* Be the new owner of SCALP2SOLE BEAUTY* *Beauty Supply Store for Sale in Hagerstown, MD!* Looking to own your own business? This well-established beauty supply store is up for grabs! Perfect location, loyal customer base, and stock with top beauty brands. Donât miss out on this amazing opportunity to take over and grow! Everything is all set up and running, with a great location with ample parking space, a few minute walk from the new medical school. Furniture, POS, inventory everything and, full support and training, including vendor contacts for 6 months Reason for selling: The owner is going away on a medical training program. The new owner must take over the lease. Essentially, it is a turnkey business with great potential Join These Tenants: Schula's Grill, Black Rock BBQ, Hummus Grill, Royal Palm, and Rosewood Liquors. Site is part of the Rosewood Village PUD - there are currently 230 residential units with approvals for 520 units. East end Hagerstown is fastest growing and most affluent area in the county. Commuter friendly, within 2 miles of I-70. Traffic exposure 25,000 cars per day.
THIS IS 36-40 N. POTOMAC STREET. MIXED USED COMMERCIAL BUILDING FOR SALE! 4 Updated residential apartments, 2 commercial spaces ALL FULLY RENTED. Brand new A/C in one unit. Very Good Condition, 12 parking spaces in rear of building which connects to city parking. See attached document for income/expense details. Building was renovated by the City of Hagerstown. 24 Hour Notice to tour due to tenant notifications.
Welcome to 825 W Washington St! Located close to the interstate, the possibilities are endless on this property for additional income or the future home for your business. Front entrance welcomes you to 3 private entrances all w/ their own lock and mailbox. Both have heat and air. Side walkway entrance has 2 more private offices. Oversized upper level room 34' x 72' has 2 private rooms. One was used as an office and the other was a dressing room w/ 2 shower stalls and 1/2 bath to make it perfect for those vigorous activities. Upper level has its own heat & electrical panel. Warehouse in back of main offices is constructed of block and has a full workshop w/ full bath and brand new water heater. Main warehouse is 50' x 38' w/ 12 1/2' ceilings. Divided in half with several rooms for storage and office space w/ 2 separate entrances. Two dock doors, 18' x 12' , is the large overhead door for easy access for Trucks and another dock door for loading and unloading is perfect height for trucks to back up.
Retail of Office space for rent. Great location. Huge windows for the window shoppers! This space has a huge open area, kitchen, bathroom and separate room that could be an office or personal space. Some improvements can be made to make this space your own.
The median home value in Hagerstown, MD is $287,500. This is higher than the county median home value of $273,000. The national median home value is $338,100. The average price of homes sold in Hagerstown, MD is $287,500. Approximately 36.01% of Hagerstown homes are owned, compared to 55.08% rented, while 8.91% are vacant. Hagerstown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hagerstown real estate agent to arrange a tour today!
Hagerstown, Maryland has a population of 43,015. Hagerstown is less family-centric than the surrounding county with 26.59% of the households containing married families with children. The county average for households married with children is 27.41%.
The median household income in Hagerstown, Maryland is $42,965. The median household income for the surrounding county is $67,349 compared to the national median of $69,021. The median age of people living in Hagerstown is 35.6 years.
The average high temperature in July is 86 degrees, with an average low temperature in January of 21.9 degrees. The average rainfall is approximately 40.7 inches per year, with 24.5 inches of snow per year.