The median home value in Hagerstown, MD is $297,000.
This is
higher than
the county median home value of $235,000.
The national median home value is $308,980.
The average price of homes sold in Hagerstown, MD is $297,000.
Approximately 42% of Hagerstown homes are owned,
compared to 47% rented, while
12% are vacant.
Hagerstown real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Hagerstown real estate agent to arrange a tour
today!
Learn more about Hagerstown Real Estate.
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.
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.
REDUCED Priced to Sell Fast! Newly Renovated! Welcome to 41 E Franklin St, a fully renovated 5-unit apartment building located in the heart of Hagerstown, MD! This property has undergone a complete transformation and is now ready to generate solid returns for its next owner. With recent renovations and upgrades throughout, it's move-in ready for tenants and offers excellent cash flow potential with a projected gross income of $5,200 per month. Property Highlights: Newly Renovated: All five units have been meticulously updated with modern finishes, ensuring long-term tenant satisfaction and minimal maintenance for the new owner, including: *Granite Countertops: Each unit boasts beautiful new granite countertops, adding a touch of luxury to the kitchen spaces and plenty of counter space. *New Appliances: New appliances have been installed in each unit, providing modern conveniences and energy efficiency. *New Cabinets: The kitchens have been outfitted with new cabinetry, offering ample storage and a fresh, updated look. *Updated plumbing and electrical: The property features two newly installed water heaters, 5 new overflow tanks for all water heaters, ensuring consistent hot water supply across all units with minimal future maintenance. New shower diverters, new radiator valves, the electrical has been updated where needed, including new fixtures with energy-efficient lighting installed throughout the property, including all units and common areas. New electrical lines on exterior of building where needed. *Freshly Painted: Both the interiors of the units and common areas have been freshly painted, along with exterior painting, giving the entire building a clean, inviting appearance brought to its original charm. *Deck Improvements: Outdoor deck spaces have been upgraded, providing tenants with functional and appealing outdoor areas. Turnkey Investment: Current owners have started lease-up and can deliver the property fully occupied. With recent renovations complete, you will have minimal maintenance expenses anticipated. Code Compliant: This property is fully up to code, ensuring peace of mind for the new owner, including new Rental Licenses and Lead Certificates: Lead certificates. Financials: Projected Gross Income is $5,200 per month, making this property a solid income generator from day one. Priced to sell quickly, this property offers a great return on investment in the growing Hagerstown market. This is a fantastic opportunity to own a fully renovated, income-producing asset in an emerging area. With all the hard work already doneânew finishes, updated systems, and compliance ensuredâ41 E Franklin is primed for immediate occupancy and cash flow. Donât miss outâthis property wonât last long at this CAP rate and level of renovation! Contact us today for more information or to schedule a private showing.
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' Âhas 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.
Investment Opportunity: 6-Unit Income-Producing Property, Enhance your portfolio with this exceptional investment featuring three separate duplexes, offering a total of six rental units: Unit Breakdown: 4 Two-Bedroom Units,2 One-Bedroom Units. Amenities: Onsite coin-operated shared laundry in the basement (133). Each unit is deeded and metered separately for maximum efficiency. MDE registered,Modern features including LVP flooring and vinyl windows. Landlord pays water, sewer, and trash (WST). Showings: Three units are currently available for viewing. Additional units will be open once under contract. Don't miss this chance to add a well-maintained, income-generating property to your investment portfolio!
Discover a prime investment in this fully occupied 6-unit apartment building, generating $7,360 per month with low operating costs. Recently renovated, this property features three spacious 2-bedroom units and three large 1-bedroom units, all on a RUBS system, making tenants responsible for their utilities. Situated near downtown Hagerstown, tenants enjoy easy access to all amenities, complemented by a large private parking lot at the rear. This is a seamless, hassle-free investmentâsimply step in and start managing.
Unlock the potential of this versatile commercial property, featuring Oasis Laundromat, a separate storefront/office space, and a lower unit currently leased as storage. The laundromat comes fully equipped, making it ideal for continuing the existing business or exploring new opportunities. The lower unit, complete with a garage door, provides additional flexibility and can be adapted for various business uses, ensuring maximum potential for growth. With ample parking available, this property is perfectly positioned to accommodate customers and clients, making it a fantastic opportunity for entrepreneurs and investors alike. Donât miss your chance to invest in this prime location with endless possibilities!
NEW PRICE!!! CAR WASH OR PURCHASE FOR THE PAD SITE!!! Located at one of the most traveled locations in Washington County. This Property is just off Interstate 70 and surrounded buy all sorts of Chain Restaurants, Gas Stations, a Walmart and all of the High traffic volume any business could hope for. The Car Wash Has State of the Art Automatic Soft Touch and Touch Free bays plus 4 Manual Wash Bays. The Soft Touch and Touch Free bays have automatic doors, heated bays and heated concrete for Winter cold weather. The manual bays have heated concrete as well for winter months. All of this works automatically when the temperature drops close to freezing. All systems can be controlled remotely from home or office. The owner sells memberships that creates a continuous residual income. Don't miss this opportunity. Check out the photos and call for any other details or questions you may have.
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 MultiâUse 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 endlessâbring your vision to life in this distinguished
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.
REDUCED! - Ideal for trucking business uses. Ample hard surface vehicle storage on the 2.7 acres . Heavy-duty truck garage, joined together with a shop facility. - Formerly a concrete/gravel plant. - Excellent location at the edge of Hagerstown's Downtown District. Land surface is almost totally concreted over. Long road frontage, 2 point of access. Owner is selling in "As Is, Where Is" conditon; this condition includes on the property - any and all former cement plant metal equipment & production structures located on premises. - Excellent access to I-81 & I-70 & Hagerstown'a Henson Airport. -- NOTE: Proposed Deed Covenants & Restrictions against any land use for a concrete/gravel plant are to be placed in the deed of conveyance, for 25 year term. Zoning Classification: "IR" (Industrial Restricted).
2000 square-foot commercial space that includes four exam rooms, two offices and two baths. Available now. Condo association fee is $2000 a year which includes lawn, maintenance, snow, removal, water, sewer, and trash. Call Alice for details and to schedule a showing
Income-Generating Mixed-Use Property! This prime commercially zoned, mixed-use property offers an outstanding investment opportunity with potential for $24,000+ gross annual income. The first floor office/flex space is currently leased to long-term tenants, providing a steady revenue stream. Additionally, the second-floor, renovated 3-bedroom apartment is turn-key and move-in ready, further enhancing the income potential. Situated in a high-demand area with excellent visibility, this property is ideal for investors seeking strong returns in a stable, well-maintained asset.
Former CPA office now available. Be part of the newly revitalizing downtown entertainment zone. Great location with ample parking for multiple types of businesses.
TROPHY OFFICE BUILDING. Premier Office Building. High quality brick construction, interior amenities galore. Prior use was retina eye specialty. -- Corporate office uses as well. -- Incomparable medical facility in top location - near Meritus Hospital. Ideal for Medical Speciialties -- or Corporate/Business Office Facility. Immediate possession available upon closing
This is a 7 units apartment complex. Six of the units are rented with long-term renters. Additional shed on property with workshop. Each unit has its own dedicated hot water heater and electric meter. Parking on site. Please contact the listing agent, Heather Bonillas, for more detailed information
Car sales lot/service station located immediately off I-81. Building is 2,000+ square feet, 2-bay garage with 2 offices, waiting area, kitchen area and restroom, plus additional storage rooms. Additional storage buildings also on lot. Room for 30+ cars. Easily accessible and sits directly across from I-81 North on-ramp off Salem Avenue. Great location for auto sales, convenience store, towing company, etc. Zoned CG. For questions, please contact listing agent.
Access from Antietam Rd. 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. Imagine and built to suit. Rush to own before stadium traffic picks up.
This 1.09 acre pad site with drive-through potential is on one of Hagerstownâs 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 â General zoning. Excellent visibility for end user or investment.
2300+ sq ft. Commercial building for Sale...EXCELLENT CONDITION. This property features four offices, two bathrooms. Very large space in rear of building. Property goes all the way down to Antietam Creek in the rear. Fenced area with additional 20 x 20 building. Perfect for retail/medical/office/automotive, Shows very well. Call Alice for further details, and to schedule a tour.
Welcome to an expansive commercial warehouse space that spans 24,000 +/- square feet across 4 levels on an acre of land. This property is zoned IG - Industrial general, allowing for a multitude of potential uses, including breweries, distilleries, indoor plant cultivation, warehousing, retail, office and more. Owner occupies building and will move out prior to settlement. The entire roof was replaced in 2015. The building features sturdy steel beam construction with some poured concrete floors, providing lasting durability. Inside, you'll find multiple clear-span areas: A vast 66'x48' space with ceiling heights ranging from 13 to 20 feet, a 30'x120' area with 12-foot ceilings, a spacious 78'x62' section, ideal for various purposes. Additionally, the property offers a loading docks and large concrete loading platform. 10'x12' drive-in front doors on street level, a convenient freight elevator spans from the basement to the top floor, and conveyer belts for efficient operations. The second floor of the building features 12 rooms, which can serve as offices and large storage spaces and roof access. There are also two bathrooms, an updated kitchen. The building is equipped with 3-phase electric for modern power needs. The massive basement is divided into multiple rooms to accommodate a variety of uses. Located in downtown Hagerstown, known as the HUB City for proximity to the tri-state area, this property is conveniently situated not far from I-70 and I-81, ensuring excellent accessibility for your business needs.
126 Acre Farm that is in the Planned Industrial District. See Listed Opportunities. The Planned Industrial District is intended to foster industrial development in Planned Industrial Parks. The District allows a wide range of manufacturing, assembly, processing, research and development, and office uses. Due to the pre-planned and comprehensively designed nature of an industrial park and increased site design and aesthetic standards, Planned Industrial Districts can be located, built and operated with a minimum of nuisance and mapped in locations where other industrial districts may be inappropriate. Uses in the Planned Industrial District shall be served with adequate public or community water and sewerage service meeting Health Department standards. The Planned Industrial District is intended to be assigned to large single parcels or an assemblage of parcels for planning, resubdivision, and development of a cohesively designed industrial park with multiple lots, interior streets, and other amenities. Previously approved plans for industrial parks in Planned Industrial Districts that existed at the time of the adoption of these requirements are still valid to the degree that the design does not violate current regulations. The Planned Industrial District may also be assigned to an individual parcel for development with a single use. The following principal permitted uses shall be allowed in the Planned Industrial District: â
Your chance to purchase a laundromat with Real Estate INCLUDED! Turnkey operation waiting for its new owner. There is the possibility for a second location to be purchased in a package deal. Call to day for more information.
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