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    Hagerstown, MD

    Hagerstown, MD Commercial Real Estate for Sale

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    Mixed-Use Building with Offices
    Updated: Jul 24
    Mixed-Use Building with Offices

    382 S CLEVELAND Avenue, Hagerstown, MD 21740

    $650,000
    5,602 sqft 0.25 AC lot
    Mixed‑use building built in 1962 with brick construction, central heating, and window unit(s) cooling
    Upper level has 3 residential apartments for immediate rental income
    Expansive first floor includes 6 private office/exam rooms, 4 half bathrooms, and a kitchen
    Parking lot with 12 parking spaces plus 2 garages
    Equipped with a sprinkler system
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    This listing looks promising.

    Here's a quick look at some key insights for

    382 S CLEVELAND Avenue, HAGERSTOWN, MD 21740

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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $59K
      Annual

    • Mortgage

      $330K
      Apr 2017

    • Property Type

      Residential Income
      Built 1962
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    8-Unit Mixed-Use Apartment Building
    Updated: Aug 11
    8-Unit Mixed-Use Apartment Building

    400 N POTOMAC Street, Hagerstown, MD 21740

    $800,000
    8,524 sqft 0.26 AC lot
    8,524‑square‑foot mixed‑use property with 7 apartments and 1 ground‑floor commercial space
    Seven one‑bedroom, one‑bathroom apartments
    87.5% occupied, with 7 of 8 units and spaces leased
    Recently replaced roof and new replacement windows throughout
    Built in 1903 on a 0.2571‑acre parcel
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    HAGERSTOWN Commercial Land For Sale
    HAGERSTOWN Commercial Land For Sale

    3 OAK RIDGE Drive, Hagerstown, MD 21740

    $2,915,000
    3.88 AC lot

    3.88 acres at a high-traffic intersection near Interstate 70.

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    Renovated Multi-Level Office Building
    Renovated Multi-Level Office Building

    23 S COLONIAL DRIVE, Hagerstown, MD 21740

    $735,000
    3,178 sqft

    Renovated office property with private workrooms, support areas, a garage, and a leased lower level.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Prime Land in Hagerstown, MD
    Prime Land in Hagerstown, MD

    3 OAK RIDGE Drive, Hagerstown, MD 21740

    $2,915,000
    3.88 AC lot

    3.88 acres at a high-traffic intersection near Interstate 70.

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    Brick Duplex with Commercial Lower Unit
    Brick Duplex with Commercial Lower Unit

    228 E WASHINGTON Street, Hagerstown, MD 21740

    $275,000
    2,048 sqft 0.15 AC lot

    Solid brick over-under duplex with an equipped commercial-ready lower unit and updated upper residence.

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    Historic Downtown Redevelopment Building
    Historic Downtown Redevelopment Building

    72 W WASHINGTON Street, Hagerstown, MD 21740

    $2,290,000
    0.23 AC lot

    Seven-story historic commercial building at 72 W Washington Street, offered for adaptive reuse in a CCMU-zoned downtown setting.

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    Historic Hagerstown Landmark Building
    Historic Hagerstown Landmark Building

    16 W Franklin St, Hagerstown, MD 21740

    $695,000
    12,900 sqft

    Renaissance Revival building with redevelopment potential in historic downtown.

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    Highway Interchange Commercial Land
    Highway Interchange Commercial Land

    1462 OAKMONT Drive, Hagerstown, MD 21740

    $750,000
    3.72 AC lot

    Highway Interchange zoning, public utilities, and paved access support commercial site planning.

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    Occupied Quadplex with 8 Garage Bays
    Occupied Quadplex with 8 Garage Bays

    600 FREDERICK Street, Hagerstown, MD 21740

    $398,000
    2,560 sqft 0.18 AC lot

    Fully occupied residential property with additional leased garage-bay space and established tenant arrangements.

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    Three-Unit Mixed-Use Property
    Three-Unit Mixed-Use Property

    704 OAK HILL, Hagerstown, MD 21740

    $499,900
    4,857 sqft

    The building offers three separate units, including an upstairs space suited to a live-work configuration.

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    Downtown Office Building For Sale
    Downtown Office Building For Sale

    44 N POTOMAC Street, Hagerstown, MD 21740

    $2,900,000
    0.22 AC lot

    Downtown Hagerstown office building offering flexible suite layouts and opportunities for owner-occupancy or income from tenants.

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    Hagerstown Land For Sale
    Hagerstown Land For Sale

    MILL ST, Hagerstown, MD 21740

    $199,900
    0.62 AC lot

    0.62 acre lot in great location for various uses.

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    Downtown Mixed-Use Redevelopment Opportunity
    Downtown Mixed-Use Redevelopment Opportunity

    125 W Washington St, Hagerstown, MD 21740

    $650,000
    6,051 sqft

    Four-story mixed-use building in Hagerstown's Arts & Entertainment District.

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    Hagerstown Land For Sale
    Hagerstown Land For Sale

    319 ANTIETAM E, Hagerstown, MD 21740

    $389,500
    1.32 AC lot

    Paved lot suitable for car lot, fleet parking, or logistics.

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    Two-Lot Commercial Land
    Two-Lot Commercial Land

    FREDERICK Street, Hagerstown, MD 21740

    $499,000
    1.39 AC lot

    Two adjoining commercial parcels with public water and sewer available, near established medical offices.

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    Mixed-Use Investment in Downtown Hagerstown
    Mixed-Use Investment in Downtown Hagerstown

    101 Potomac St, Hagerstown, MD 21740

    $925,000
    10,400 sqft

    Stabilized 10-unit property with value-add potential in a prime location.

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    End Unit Office Condo
    End Unit Office Condo

    366 MILL Street, Hagerstown, MD 21740

    $340,000

    C-2 zoned end unit office condo with seven private offices, a reception area, and dedicated rear parking.

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    Medical Office Condo
    Medical Office Condo

    11236 Robinwood Dr Unit 104, Hagerstown, MD 21742

    $385,000
    1,379 sqft

    Open-plan commercial space includes a private office, kitchen, and restroom.

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    Medical Office Condo with Open Layout
    Medical Office Condo with Open Layout

    11236 ROBINWOOD Drive, Hagerstown, MD 21742

    $385,000

    Commercial condo fronting a medical corridor with open-concept space, private office, kitchen, and restroom.

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    Downtown Hagerstown Commercial Opportunity
    Downtown Hagerstown Commercial Opportunity

    35 E WASHINGTON St, Hagerstown, MD 21740

    $250,000
    7,800 sqft

    Versatile commercial space near downtown Hagerstown's amenities.

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    Downtown Hagerstown Commercial Building For Sale
    Downtown Hagerstown Commercial Building For Sale

    44 N Potomac St, Hagerstown, MD 21740

    $2,900,000
    23,160 sqft

    Prime commercial property in downtown Hagerstown with investment potential.

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    Renovated Flex Space For Sale
    Renovated Flex Space For Sale

    651 N Prospect St, Hagerstown, MD 21740

    $2,900,000
    32,058 sqft

    44,000 sq ft renovated flex space with owner financing.

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    Downtown Hagerstown Redevelopment Opportunity
    Downtown Hagerstown Redevelopment Opportunity

    72 W Washington St, Hagerstown, MD 21740

    $2,490,000
    34,720 sqft 0.23 AC lot

    Historic building with adaptive reuse potential in downtown Hagerstown.

    View details

    Hagerstown, MD Commercial Real Estate Market Trends and Statistics

    Explore 111 commercial real estate for sale in Hagerstown, MD, showcased through 111 active listings on our real estate platform. These investment opportunities span a total of 2,185,805 square feet of properties for sale, with an estimated market value of $56,198,999.

    Sale prices for business properties in Hagerstown, MD start at $65,000, averaging $952,525, and reaching up to $4,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 101K
    Population Growth (5Y) +4.0%
    Median Household Income $66,959
    College Educated 10.5%

    High-Yield Neighborhoods for Investment

    Identify Hagerstown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21742 $834.3K
    21740 $1M

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $18.55 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Hagerstown fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Hagerstown, MD

    • 21740
    • 21742

    Featured Hagerstown Real Estate Agencies

    Realmo connects you with licensed Hagerstown CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Roger Fairbourn
    277 Eastern Blvd., N. Suite 2 Hagerstown, MD 21740
    Phone: 13017334183
    www.rogerfairbournrealestate.com

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