Hagerstown MD Real Estate & Commercial for Sale

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!

±10.7 acres ready to be developed; suitable for single family, townhomes or duplexes! Lying between West Washington Street and Route 40 with entrance points at West Washington Street, Cedar Lawn Drive and Woodlawn Drive. Served by public water and sewer. 80X60 steel and concrete storage building on a concrete pad with exterior bay and pedestrian doors, comprised of 2 large rooms separated by a wall and oversized interior bay door. Electricity is extended to the building, along with a paved lane with additional parking. Zoned Residential Moderate Density (RMOD)

± 22 acres of prime commercial real estate, a stones throw from I-81! Zoned POM but currently securing a text overlay to allow for wider usage. ±6 acres bordering Insurance Way are developable, with the remaining buffer of ±16 acres comprised of forest easements and designated flood plain. All major utilities are available to the site. Potential for further subdivision. Property borders I81 for potential signage and visibility. Buyers to confirm property is still in the designated Enterprise Zone which includes potential economic development incentives and tax credits for qualifying businesses.

This turn- key mixed-use property presents a fantastic investment opportunity. In an excellent location, conveniently situated near Fairground Park. The property includes a newly remodeled (2018) two-bedroom apartment with 1200 square feet of functional living space. Great flooring, oversized main bedroom, large living room and an upper loft bonus room with a closet. Brand new Washer and Dryer convey. On the main level, a recently renovated (2018) retail/salon space with a restroom. Additionally, an attached brick warehouse space offers secure double door access for loading and features above-ground storage and a fireproof drywall system.Warehouse has a full basement and bathroom. The property also includes a large parking lot situated at 711 N. Mulberry St., providing ample parking to accommodate over 7 vechiles of any shape or size. There are 2 garages one with 3-bays and another with 2- bays, each equipped with a newer metal roof and a separate electric meter. The apartment is rented for $1200 and $750 total for the garages.

Massive Price Drop! Historic Elliott-Bester House: Prime Downtown Location Welcome to the Elliott-Bester House, a captivating historic gem located in the heart of the vibrant Arts & Entertainment District. This all-brick corner building, with a total square footage of 8,276 sq ft and 5,445 sq ft of finished space, offers a unique blend of period charm and modern conveniences, making it perfect for both residential and commercial use. Situated just steps away from the bustling Arts & Entertainment District and the brand new Hagerstown Multi-Use Sports and Events Facility, the Elliott-Bester House boasts a prime downtown location that is hard to beat. The historic charm of this property is evident in its 18th-century doors, original staircase, and intricate moldings, which seamlessly blend with modern amenities. Inside, you will find multiple offices, conference rooms, and restrooms, all designed to cater to various professional needs. The versatility of this property is one of its standout features. It is ideal for professional offices, residential units, event spaces, or studios, providing a range of possibilities for potential buyers. Zoned RH, the Elliott-Bester House offers the flexibility to live and work in the same space or create multiple separate units, depending on your vision. Parking will never be an issue with this property, as it includes off-street paved parking for up to 12 vehicles. This 2-story property, listed on the National Register of Historic Places since 1974, showcases timeless elegance with high ceilings, numerous fireplaces, hardwood floors, and period woodwork. The opportunities here are endless-bring your vision to life in this distinguished

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! This investment property features two well-maintained four-unit apartment buildings, offering a total of eight 1-bedroom, 1-bathroom units. Each unit includes a kitchen, dining area, and living room. Currently, seven of the eight units are leased, providing immediate cash flow. The property also includes a coin-operated laundry facility with two washers and two dryers, offering added convenience for tenants and additional income for the owner. There is plenty of parking available with large on-site parking areas as well as on-street parking options. These buildings have been thoughtfully cared for, making this a truly turnkey investment. Opportunities like this are hard to find-dont miss your chance to own a solid, income-producing property! This property will be offered at auction on Tuesday May 13, 2025 @ 4:30pm. The List price in no way represents a minimum, starting, or acceptable bid.

HIGHWAY INTERCHANGE ZONING 3.88 ACRES. MAIN INTERSECTIOIN. This listing consists of 7 parcels with Tax IDs listed below. Located at one of the highest traffic intersections in Hagerstown. The location is only 1/4 mile from Interstate 70. The site would be perfect for a number of commercial retail uses. Hundreds of feet of road frontage on two streets. Public Water and Sewer Available. Property addresses and Tax IDs: 3 W Oak Ridge Dr. .62 Acres/ ID 10-008352. 5 W Oak Ridge Dr. .58 Acres/ ID10-008360. 9 W Oak Ridge Dr. .34 Acres/ ID 10-001897. 13 W Oak Ridge Dr. .28 Acres/ ID 10-008670. 1407 S Potomac St. .39 Acres/ ID 10-012619. 1411 S Potomac St. .72 Acres/ ID 10-008794. 1415 S Potomac St. .95 Acres/ ID 10-021529

This exceptional 100,000-square-foot commercial property, formerly a YMCA, offers a rare investment opportunity at the prominent corner of N. Potomac St. and W. Church St. With its versatile zoning, potential uses include residential, commercial, mixed-use development, and light manufacturing. For a complete list of permitted uses, please refer to the City of Hagerstowns Land Management Code. Ideally situated near key landmarks such as the newly developed Meritus Park, Barbara Ingram School for the Arts, The Maryland Theatre, Western Maryland Regional Library, The Potomac Towers, Hagerstown Fairgrounds Park, and University Plaza, this property benefits from excellent visibility and accessibility. Conveniently located near major transportation routes, including US Hwy 40, US 11, I-81, and Rt 70, it ensures seamless connectivity. The building itself boasts a grand entryway, expansive rooms, gymnasiums, an indoor track, multiple swimming pools, theaters, racquetball courts, meeting rooms, and over 60 dormitory-style rooms-providing endless redevelopment possibilities. With 165 feet of frontage on W. Potomac St. and 230 feet on W. Church St., the site offers substantial street exposure. Dont miss this unique opportunity to transform a historic space into a thriving new venture!

Approved site plan for (2) 5,000 sq ft buildings and (2) 16 bay buildings 10X25 - 14 high. Could do additional 50 outside parking spaces. Can have 24 hr care taker outside of property. Can build up to 100' tall. Can install billboard sign.

This exceptional five-unit mixed-use building offers a prime investment opportunity in the heart of Hagerstown. The commercial space at 201 E Washington St. has been fully renovated and brought up to code, featuring new flooring, fresh paint, ceiling repairs, updated electrical, and a brand-new roof. With approximately 800 square feet, the space is ideal for retail, office, or service-based businesses, with a projected rent of $1,000 per month. The residential portion of the building consists of four apartments, with 70% of the units fully renovated. The bottom-floor two-bedroom, one-bath unit has undergone a complete gut renovation, including new flooring, drywall, paint, plumbing, electrical, and appliances. A recent pipe leak caused water damage, which has been fully remediated by ServPro, though a new owner should anticipate $10,000 +/- in cosmetic repairs. The top-floor two-bedroom, one-bath unit was also affected by the same leak, which was professionally repaired by a licensed master plumber. The roof has been recently replaced, and ServPro completed the necessary water remediation, though $6,000 +/- in cosmetic work is needed to restore the space. The remaining one-bedroom, one-bath units are in great condition, with the rear unit expected to rent for $900 per month and the unit at 2 S Mulberry projected at $1,000 per month. With a total projected rental income exceeding $5,300 per month, this property is an excellent income-producing investment in a growing market. The combination of renovated units, prime location, and strong rental potential makes this an outstanding opportunity for investors looking for cash flow and long-term value.

Turnkey 17-Unit Investment Property - Fully Occupied, Cash Flowing, & Renovated This fully upgraded, lead-free property at 15149 Bloyers Ave consists of four buildings with 17 units, offering investors a rare turnkey opportunity. Fully occupied and producing stable income, this property requires minimal future capital investment. Unit Breakdown: (8) Two-bedroom units (8) One-bedroom units (1) Four-bedroom single-family home Fully Occupied & Professionally Managed: All units are currently leased, generating consistent cash flow. Professional property management is in place for a hands-off, hassle-free investment. Major Renovations Completed: New metal roofs: 30-year warranty across all buildings for durability and low maintenance Interior upgrades: LED recessed lighting, waterproof laminate flooring, modern trim, and fully redesigned kitchens with premium cabinets, countertops, and select stainless-steel appliances Exterior improvements: New septic system, landscaping, and a paved parking lot Located in a peaceful county setting with no city taxes, this property offers easy access to key amenities, enhancing tenant demand and retention. This is a rare opportunity to invest in a fully occupied, four-building, turnkey property designed to deliver immediate and reliable returns.

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 rare opportunity presents a well-established, family-owned restaurant in a highly desirable area. With decades of operation, this business has become a beloved part of the local community. Known for its inviting atmosphere, exceptional cuisine, and loyal customer base. Turnkey business opportunity.

This rare opportunity presents a well-established, family-owned restaurant in a highly desirable area. With decades of operation, this business has become a beloved part of the local community. Known for its inviting atmosphere, exceptional cuisine, and a loyal customer base. Turnkey business opportunity.

Circa 1900! Prime time location with 10+ off street parking spaces in walking distance to the court house. This is a completely remodeled office space and is ready for you to take your business to the next level. Use this location to drive up sales. Thousands of cars drive past here every day. Its time for your sign to hang on Washington St. Get in now before the new stadium in Downtown Hagerstown opens bringing in investors from all over the world.

TROPHY MEDICAL OFFICE BUILDING. New: Lease or Buy,! Premier Office Building. High quality brick construction, interior amenities galore. Prior use was for retina eye medical specialty. Incomparable medical facility in top location - near Meritus Hospital. Ideal for Medical Professionials or Corporate/Business Office Facility. Immediate possession.

Direct access from E. Antietam Rd. Imagine and built to suit. Flat leveled paved lot, access to public water/sewer and existing storm water management. Access to utilities (ACTV ISP, Electric). Convenient to I-81 I-70, Meritus & Robinwood Medical Center. Hagerstown's business/medical corridors with upcoming innovative business (medical college, amazon). End-users build to suit commercial on 1.36 acres lot or investment. Zoned Commercial-General / Professional Office Mix (CG/POM), offering a wide variety of uses, that may include professional office, medical, bank, restaurant, retail and more. Rush to own before stadium traffic picks up.

This 1.09 acre pad site with drive-through potential is on one of Hagerstowns busiest corridors. In 2023, Professional Drive was expanded providing direct access to Meritus Medical Center, Hagerstown Community College and the under construction, Meritus School of Osteopathic Medicine. Travel time is less than 5 minutes. Ideal for medical services, retail, restaurant and more. Site is five miles to 1-70. Rough grade, access to public water and sewer, existing stormwater Management, and a flat level pad site. Desirable Commercial - General zoning. Excellent visibility for end user or investment.