RARE GARAGE SPACE OPPORTUNITY located in alley behind 400 W. Howard Street. One level garage with 1200 square feet ideal for warehouse storage, auto repair/storage, woodworking, contractor storage space...or whatever your needs may be. Vinyl sided building with electric and concrete floor. Sold strictly AS-IS. Tenant occupied and will require at least 24 hours to coordinate for showings. This is an exceptionally rare chance to acquire versatile garage space in the city of Hagerstown. As information, and listed separately, is the garage directly in front of this one (400 W. Howard St. Rear) MDWA2035434, offered at $65,000. Opportunities like this don't come around often to own two spacious garages, positioned side by side and offering exceptional flexibility for a variety of uses.
RARE GARAGE SPACE OPPORTUNITY located in alley behind 400 W. Howard Street. Two levels equaling over 3000 square feet, ideal for warehouse storage, auto repair/storage, woodworking, contractor storage space...or whatever your needs may be. Solid concrete block building with electric and concrete floors on both levels. Sold strictly AS-IS. Tenant occupied and will require at least 24 hours to coordinate for showings. This is an exceptionally rare chance to acquire large, versatile garage spaces in the city of Hagerstown. As information and listed separately the garage directly next to this one ((743 Guilford Ave Rear) MDWA2035436, is also for sale and offered at $60,000. Opportunities like this don't come around often to own two spacious garages, positioned side by side in the city of Hagerstown and offering exceptional flexibility for a variety of uses.
Historically Significant Piece of Hagerstown's History - Landmark Renaissance Revival Building, three-stories of brick & stone construction, monumental pilasters spanning two-stories, ornate modillioned cornice with dentil & decorative corner pendants. Listed on National Register of Historic Places. Circa 1907 this building was dedicated in 1908 by Knights of Pythias as a gathering place dedicated to "friendship, charity & benevolence." The third floor ceremonial hall is early venue where Patsy Cline's musical career began in 1952, transforming her from local talent to a superstar of American Music. This 12,900 sq ft building has a clean open canvas, ready for adaptive re-use by the next developer, investor or visionary. Stunning architectural details, original staircase, wood floors, millwork and high ceilings, metal roof approximately 10 years old...imagine the possibilities! In short, it’s not just a redevelopment site—it’s a piece of Hagerstown’s cultural and architectural legacy with built-in storytelling value, especially for music history and early 20th-century fraternal life. Today the property is Center City Mixed Use Zoning offers blend of commercial, residential, offices, shops, event space, boutique/hospitality, live/work environment, etc. High visibility, foot traffic and proximity to local amenities, government offices & cultural attractions. Don't miss this blank slate re-development opportunity in one of Maryland's most historic downtowns.
Well maintained fully occupied income producing 6 unit building with additional 3 storage units available within walking distance of new stadium in Hagerstown. All apartments are spacious 2 bedroom, 1 bathroom with new windows and hardwood floors throughout. Electric baseboard heating. Tenants pay electric. Owner owned coin op laundry onsite for tenant convenience and additional income. Owner pays common area electric, natural gas hot water, water/sewer/trash, landscaping & snow removal.
Turnkey 17-Unit Multifamily Investment Fully Occupied Renovated Ideal for 1031 Exchange Rare opportunity to acquire a fully stabilized 17-unit multifamily asset consisting of four buildings. The property is 100% occupied and producing consistent rental income, making it an excellent option for investors seeking a stable, income-producing property or a potential replacement asset for a 1031 exchange. With extensive renovations already completed and professional management in place, this property offers a low-maintenance investment with immediate cash flow and long-term hold potential. Property Highlights Unit Mix (8) Two-Bedroom Units (8) One-Bedroom Units (1) Four-Bedroom Single-Family Home Stabilized Income All units are fully leased with strong occupancy, providing dependable rental income from day one. Major Capital Improvements Completed Extensive upgrades throughout the property include: New metal roofs on all buildings with a 30-year warranty Modernized interiors with LED recessed lighting, waterproof laminate flooring, updated trim, and redesigned kitchens Updated kitchens featuring premium cabinetry, countertops, and select stainless-steel appliances New septic system installed Improved landscaping and paved parking lot Investor Advantages Lead-free certification Professionally managed for a smooth ownership transition Significant capital improvements already completed Located in the county with no city taxes Positioned in a quiet county setting with convenient access to regional amenities and commuter routes, the property continues to support strong tenant demand and long-term occupancy. This fully occupied, stabilized multifamily asset is well-suited for investors seeking reliable income, portfolio growth, or a potential 1031 exchange replacement property.
Recently renovated 14-unit apartment building with major capital improvements just completed. Approximately 90% of the electrical service and plumbing systems have been replaced. The property also features a new roof, new flooring throughout, and fully updated kitchens. Each unit is equipped with new mini split heating and air conditioning systems, providing efficient and modern climate control for tenants. The building is now entering stabilization. There are currently two vacant units, offering an immediate opportunity for a new owner to increase rental income and bring the property closer to its full potential. The property is currently generating $14,650 in monthly rental income, presenting investors with a turnkey multifamily asset with significant recent upgrades and minimal deferred maintenance.
Commercial lot zoned Highway Interchange located near I70 in Hagerstown. Convenient location near FedEx and UPS. There are public utilities run to the lot. There is also a wide, paved access road. Priced well below recent appraisal.
Positioned just steps from the heart of Downtown Hagerstown, this commercial opportunity offers approximately 7,800 square feet of above-grade space ideally suited for retail, office, showroom, fitness, entertainment, or specialty commercial use. Strategically located within a two-block radius of the vibrant city core, the property benefits from outstanding walk-ability and accessibility. Nearby amenities include the renowned Maryland Theater, the multi-use recreation facility Meritus Park home to the Hagerstown Suns baseball team, multiple upscale restaurants and retail establishments, professional office buildings, the post office, two public parking decks, and an additional surface parking lot — providing ample parking options for customers and employees alike. The main level features expansive floor space with the front section currently configured with four offices, waiting room, meeting or display areas, a boardroom/library, and a kitchen. The rear section offers a large storage area with excellent flexibility for a variety of commercial layouts and configurations. A mezzanine level includes four private offices, offering additional space ideal for administrative use, private offices, creative studios, or expanded operational needs. At the rear of the building, a 9-foot drive-through overhead door opens into enclosed open space, creating unique possibilities for loading, secure storage, light distribution, service operations, or adaptable work areas. With its prime downtown location, versatile layout, and proximity to key attractions and infrastructure, this property presents a rare opportunity for businesses seeking visibility, accessibility, and growth potential in one of Western Maryland’s most active commercial corridors.
This well located multifamily assemblage consists of two adjoining apartment buildings at 220–222 and 224–226 Summit Avenue in downtown Hagerstown. Together, the properties form a cohesive residential complex with a total of twenty units, plus a detached three bay garage structure at the rear. The buildings are improved with a mix of one bedroom one bath apartments and studio units, offering a desirable unit mix for the downtown rental market. The improvements include two and three story brick and masonry structures situated on a combined urban parcel with frontage along Summit Avenue and Hood Street. The 220–222 Summit Avenue building contains eight apartment units, consisting primarily of one bedroom layouts along with studio apartments, and is complemented by a separate garage building providing additional rental income. The adjoining 224–226 Summit Avenue building contains twelve studio apartment units, allowing for operational efficiency and scale across the combined properties. Both buildings have undergone substantial capital improvements in recent years, including basement waterproofing with commercial grade dehumidification, plumbing and electrical upgrades, replacement and repair of fire escapes, new flooring, updated paint throughout, and the installation of new PTAC heating and cooling units in the apartments. These improvements enhance long term durability and reduce near term capital exposure for an investor. The properties are zoned Residential Medium Density under City of Hagerstown zoning, a designation that supports multifamily use and aligns with the existing improvements. Located within the downtown City Center area, the properties benefit from proximity to employment, education, public transportation, and ongoing revitalization initiatives throughout downtown Hagerstown. Constructed in the early 1900s, the building reflects durable construction typical of the area. Ownership has completed recent capital improvements, including new PTAC units, plumbing upgrades, updated water service, remodeled unit interiors, and common-area enhancements. These improvements materially reduce near-term capital expenditure needs. The adjacent building at 220–224 Summit Avenue consists of 8 apartment units and complements the larger 12-unit asset, allowing a buyer to control an entire contiguous multifamily footprint along Summit Avenue. Combined ownership provides operational efficiencies, streamlined management, and long-term upside through portfolio consolidation. This offering represents a stabilized, income producing multifamily opportunity with scale, recent improvements, and a strong downtown location, well suited for investors seeking durable cash flow and long term upside in one of Western Maryland’s primary urban cores.
Stabilized 10-Unit Mixed-Use Investment with Value-Add Upside in Downtown Hagerstown Located at 101–103 North Potomac Street, Hagerstown, MD 21740, this 10-unit mixed-use property consists of 7 commercial retail/office units and 3 residential apartments, providing diversified income in a prime downtown location. The property is 100% occupied, delivering immediate and stable cash flow. In addition to the existing unit mix, there is potential to add an additional residential or office unit on the second floor, subject to buyer’s due diligence, zoning, and permitting. This area requires work, creating a clear value-add opportunity to increase unit count and future income. Ownership completed over $75,000 in capital improvements in 2025, including the installation of a new roof and the replacement of three HVAC/AC units. These significant upgrades materially reduce near-term capital expenditure risk and enhance the long-term performance of the asset. The downtown Hagerstown location supports strong demand for both commercial and residential tenants due to visibility, walkability, and proximity to employment centers, government offices, retail, and public services. This asset is well suited for investors seeking a stabilized mixed-use property with upside through unit expansion, selective renovations, or rent growth. Overall, the property represents a compelling opportunity combining full occupancy, recent capital improvements, diversified tenancy, and additional value-add potential in an established urban corridor.
25 Broadway is a fully-leased, performing 8-unit apartment building with additional storage building, laundry room, and plenty of on-site parking. The property offers the perfect blend of modern living and historic charm. Situated on the sought after, tree-lined Broadway Street, this secure building provides the ideal setting for comfortable and convenient living. The property produces a $104,640 a year in gross rents with highly qualified, no fuss tenants in place. Access to the apartment is controlled and secure, offering peace of mind for residents. On-site laundry facilities provide additional convenience for long-term residents. Enjoy the beauty of a picturesque tree-lined street providing a tranquil and welcoming atmosphere. The property is just a short walk to the vibrant downtown Hagerstown area, including a variety of restaurants, shops, and entertainment options including the Maryland Theater and new minor league baseball stadium & events center.
Value-Add Commercial Opportunity BL Zoning Two-Parcel Assemblage Located 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.
Turn-Key Investment Opportunity. Fully occupied six-unit mixed-use commercial building offering immediate and stable cash flow. The property includes a garage and a large on-site parking lot, both conveying with the sale, a valuable feature in this established mixed-use corridor. The subject property is located near the center of Hagerstown in a well-established mixed-use area with consistent tenant demand. The asset has recently undergone significant capital improvements that enhance operational efficiency and reduce owner expenses. The former common heating system has been replaced with individual baseboard heating in each unit, allowing heating costs to be passed directly to the tenants and fully eliminating the owner’s gas expense. All windows throughout the building have also been replaced, improving energy efficiency, tenant comfort, and long-term maintenance performance. With 100 percent occupancy, a clean utility structure, on-site parking, and a garage, this property offers a true plug-and-play investment for buyers seeking stabilized income with minimal deferred maintenance. Its proximity to ongoing neighborhood investment, including a new multi-use sports center stadium currently under construction, further supports long-term value and upside potential. This is a solid, well-positioned asset in one of Hagerstown’s established commercial and residential areas, well suited for investors focused on dependable cash flow and long-term appreciation.
Great opportunity to get started in the car wash business or add another car wash to your portfolio. Priced to sell. All equipment included. Seller will train new owner. 4 Manual wash bays with hand brush, Touch Free Automatic Wash bay. Mulitple vacuum units, Change machine, Product despenser etc. All you need to get started. Easy entrance and exit. Located in busy Residential/Commercial area.
Business-User Property - 44,000 Rentable sq. ft. - Owner financing available to pre-qualifiied purchaser. Main Floor Areas, plus two Lower levels . Industrial-Warehouse-Flex-Manufacturing uses possibl . Total building renovation completed in Dec. 2025: modernization of interior & exterior of this diverse business property. Office suite at front entrance. - Zoning: Industrial Restricted "(IR"). - Building was constructed in several sections, ideal for mixed or multiple uses. Room for future expansion. - Fenced impound yard, with portion in sheltered space; includes new roll-up access to a Lower Level. - Ideal for Frederick-based companies looking to expand into the high-growth Hagerstown logistics market - Convenient access to I-81, I-70, & I-270 and Baltimore-Washington Metro Areas.
Prominent downtown location near the city center. True value-add redevelopment opportunity due to its CCMU zoning, building size, and A&E District positioning. This four-story mixed-use building offers elevator access to all levels and off-street parking, a rare combination in downtown Hagerstown. The property is located within Hagerstown’s Arts & Entertainment District, an area known for ongoing revitalization, public art, festivals, restaurants, and cultural destinations. Buyers may also explore incentive and grant opportunities offered through City programs and A&E District benefits. Building is currently vacant and needs renovation, making it ideal for an investor seeking substantial upside through repositioning. Flexible use potential may include retail, office, residential conversion, or a hybrid live/work concept, subject to approvals.
6,634 sq ft masonry industrial building suitable for multiple tenants. Located on Jefferson Blvd (MD Rt 64) with a traffic count in excess of 11,500 cars daily and convenient to both Hagerstown and Frederick. Partitioned into 3 sections, each with separate heat, 3-phase electric, and restroom facilities. High bay with 12’ overhead doors. Includes a 2-BR dwelling that could also be utilized as office. Almost 3 acres of highly stabilized and secured gravel parking. Potential uses include contractor with yard, manufacturing, auto service, and storage. Potential gross income of $6,000 per month. Heavy duty shop crane included. Owner-agent.
Diverse 43-Unit Mixed-Use Portfolio. This well-positioned 43-unit portfolio offers a rare opportunity to acquire a diversified mix of residential and commercial assets across multiple parcels in the heart of Hagerstown. The portfolio includes apartment buildings, brick townhouses, detached cottages, office space, warehouse and flex space, garages, and a drive-thru restaurant, creating multiple income streams and broad tenant appeal. The residential component consists primarily of one-bedroom apartments, townhouses, and cottages, many of which are leased at below-market rents, providing clear value-add potential through measured rent adjustments. Several properties feature separate electric meters, private parking, garages, and carports, all supporting long-term tenant stability and efficient operations. The commercial portion includes a flex property with warehouse and office space, additional warehouse units, and a partially equipped drive-thru restaurant with multiple curb cuts, pylon signage, and outdoor seating. This diverse commercial mix enhances income stability while offering flexibility for a range of users. The portfolio is strategically located near Hagerstown City Park and the upcoming multi-use sports and events stadium, positioning it well for increased demand, rental growth, and long-term appreciation. Many units have been occupied long term with limited recent rent increases, presenting a strong opportunity for future income growth. Several buildings have benefited from recent capital improvements, including roofs, flooring, kitchens, mechanical upgrades, plumbing and electrical work, HVAC enhancements, waterproofing, safety upgrades, and common-area improvements, allowing for a smooth transition to new ownership. The portfolio is stabilized and produces strong in-place income, with professional management in place and controlled utility expenses. Operations are straightforward, making this an attractive acquisition for seasoned investors or groups looking to scale into a larger, diversified portfolio. This is a rare opportunity to acquire a sizable, income-producing mixed-use portfolio in a growing Hagerstown location, offering immediate cash flow with meaningful upside potential.
For Sale: Spacious 2-Story Medical/Professional Office Building – 4,000+ SF Tired of renting office space? Take advantage of this rare opportunity to own your own freestanding, all-brick office building—ideal for medical, dental, or professional use. Offering over 4,000 square feet of functional space, this newly updated 2-story property features multiple private offices, a kitchenette, four restrooms, a dedicated storage area, and dual main entrances for upper and lower-level access. With 30+ on-site parking spaces and a rear accessibility ramp to the upper level, this building is designed for both convenience and compliance. Whether you're expanding your practice or investing in your business future, this is a must-see opportunity. Don’t miss this opportunity to own instead of lease—schedule your showing today!
Rare Investment Opportunity – Solid Brick 10-Unit Building + Garage in Hagerstown’s Arts District This is a prime opportunity to own a four-story, all-brick 10-unit apartment building with a freestanding 3-bay garage, located in the heart of Hagerstown’s Arts & Entertainment District. Positioned on a 0.22-acre parcel totaling 9,745 sq ft, the building includes 12,736 sq ft of gross building area and features a mix of 9 residential units and 1 commercial unit, all with separate electric meters. The site is zoned CC-MU (City Center – Mixed Use), offering long-term flexibility and value for investors. The building is fully leased and located just blocks from the new multi-use sports and events facility, University of Maryland Hagerstown campus, and the Washington County Library. ?? Highlights: Fully occupied 10-unit building (9 residential / 1 commercial) Separate utility metering for all units Detached 3-bay garage on-site Located within Hagerstown’s revitalization zone High visibility and walkable to key downtown amenities This property offers a stable rental income stream with future upside potential, a perfect fit for seasoned or new investors looking to grow their portfolio in a rapidly improving downtown market. ?? Unit Mix – 10-Unit Building 5 units – 3 bedrooms / 1 bathroom 3 units – 1 bedroom / 1 bathroom 1 unit – 2 bedrooms / 1 bathroom 1 commercial unit Each unit is individually metered for electric, and the property includes a freestanding 3-bay garage for additional value or potential rental income.
1,440 sq. ft. commercial condo in C-2 zoning, ideal for professional or service-based use. This end unit features seven private offices, a reception area, and flexible workspace. Well-maintained with dedicated rear parking for owner/staff and convenient front access for clients. Move-in ready with excellent visibility and easy access to major routes.
Prime Downtown Mixed-Use Investment Exceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income. Tenants pay all utilities, providing a low-expense, high-yield investment. Located just steps from the Arts & Entertainment District, restaurants, breweries, and the Maryland Theatre, this property sits in the path of downtown revitalization and ongoing city investment. Tenants enjoy convenient access to public parking, nearby retail, and public transportation. Highlights: Fully occupied mixed-use property bringing in $4,000/month Ground-floor restaurant space with private ownership Four residential apartments on upper levels Separate utilities – tenants pay all Excellent visibility and foot traffic in revitalized downtown corridor Turnkey income producer – stable tenants and strong returns Perfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.
Turnkey Investment, Real Estate and Business with Class D Liquor License Harman’s Tavern presents a true value-add opportunity, pairing a well established bar with a Class D Liquor License and income producing residential and retail units. The mixed use building totals nearly 10,000 square feet and includes eight units, a retail space and spacious apartments, all occupied by long term tenants. Rents are significantly below market, as the owner has never increased them, creating immediate upside in cash flow. The units are well maintained, and thoughtful updates could support meaningful appreciation. Whether you are expanding a portfolio or seeking stable income with room to grow, this offering is a rare find. Schedule your private tour today.
The first floor is currently owner-occupied and utilized as professional office space. The owner is willing to lease back the first-floor space for a period of 3–6 months following settlement. The six upper-level units have historically been used as professional office space and are currently vacant. Conversion of the upper levels back to residential use will require installation of a sprinkler system. Due to the long-term professional use and occupancy by practicing partners, there is no existing residential rent roll available. The six apartment units are in excellent condition and are considered rent-ready. Outstanding Investment Opportunity in Downtown Hagerstown! Pride of ownership shows in this extremely well-maintained commercial building inside and out, known locally as the Einbinder Building. Offering over 8,600 sq. ft. of usable space across four stories plus a finished basement, this property is perfectly suited for a variety of uses under its CC-MU (City Center Mixed Use) zoning. The building features two main entrances: one leading to a spacious first-floor office suite with multiple private offices and a large conference room, and another providing direct access to six upper-level units with income-producing residential potential on upper floors, also includes a functional fire escape. The finished basement adds additional office space, utility areas, and a walkout to the rear parking lot. A rare bonus in the downtown market, the property includes a private rear parking lot with multi-alley access, accommodating 8 vehicles with potential for expansion. Conveniently located just steps from the U.S. Post Office, Hagerstown City Hall, courthouses, Meritus Baseball Stadium, local businesses, and restaurants, with easy access to both I-81 and I-70, this building combines an unbeatable location with flexible functionality. Don’t miss this exceptional chance to invest in the heart of Hagerstown’s growing downtown district!
Hagerstown is located in Maryland. 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.
