Hagerstown, MD Commercial Real Estate for Sale

List

Map

Funkstown, MD Fairplay, MD Greencastle, PA Williamsport, MD Boonsboro, MD Smithsburg, MD Clear Spring, MD Falling Waters, WV

75 properties

Sort:

Updated: Apr 1

Brick Duplex with Commercial Lower Unit

228 E WASHINGTON Street, Hagerstown, MD 21740

$275,000

2,048 sqft 0.15 AC lot

Well‑maintained solid brick over‑under duplex built in 1895 with off‑street parking
Lower unit designated for commercial use with kitchen and full bathroom; flexible for small business or mixed‑use
Upper unit features a 3‑bedroom, 1‑bath layout with remodeled bathroom and updated flooring
Roof replaced in 2019, new heat pump installed June 2025, and new hot water heater in 2025
Heating and cooling include forced air heat with central air conditioning

View details

This listing looks promising.

Here's a quick look at some key insights for

228 E WASHINGTON Street, HAGERSTOWN, MD 21740

View Property Analytics

Est. Cap Rate

7.8%
Above avg (5.9%)
Est. NOI

$21K
Annual
Mortgage

$116K
Oct 2018
Last Sold

Sep 2021
$228K
Property Type

Commercial Office/Residential (Mixed Use)
Built 1895

View Property Analytics

Updated: May 19

HAGERSTOWN Redevelopment Opportunity

72 W WASHINGTON Street, Hagerstown, MD 21740

$2,490,000

34,720 sqft 0.23 AC lot

Prime downtown Hagerstown location with high visibility and West Washington Street frontage.
Significant adaptive reuse potential for residential conversion or mixed‑use redevelopment.
Seller‑furnished redevelopment plans available, depicting a 42‑unit residential concept (26 one‑bedroom, 16 two‑bedroom).
CCMU zoning allows for a variety of commercial and residential uses.
Historic building (The Earles Building) with unique character.

View details

Downtown Flex Building with Drive-Through

35 E WASHINGTON ST, Hagerstown, MD 21740

$250,000

7,800 sqft 0.19 AC lot

Flexible multi-level commercial building with office-ready rooms and a rear drive-through overhead door for loading or service use.

View details

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.

View details

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

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.

View details

Radio Station on 6.75 Acres

1135 HAVEN RD, Hagerstown, MD 21742

$1,250,000

6.75 AC lot

Commercial property with radio station, licenses, and broadcasting equipment.

View details

Hagerstown Commercial Lot Near I70

1462 OAKMONT Drive, Hagerstown, MD 21740

$799,900

3.72 AC lot

Commercial lot near I70 and public utilities in Hagerstown.

View details

HAGERSTOWN Commercial Condo For Sale

366 MILL Street, Hagerstown, MD 21740

$360,000

1,440 sqft

Commercial condo with seven offices, reception, and parking.

View details

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.

View details

Versatile Mixed-Use Commercial Property

1096 S POTOMAC ST, Hagerstown, MD 21740

$449,000

768 sqft 0.42 AC lot

Mixed-use property suitable for various business and residential purposes.

View details

Historic Hagerstown Landmark Building

16 W Franklin Street, Hagerstown, MD 21740

$695,000

12,792 sqft

Renaissance Revival building with redevelopment potential in historic downtown.

View details

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.

View details

Downtown Mixed-Use Redevelopment Opportunity

125 W WASHINGTON St, Hagerstown, MD 21740

$650,000

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

View details

Hagerstown Land For Sale

319 ANTIETAM E, Hagerstown, MD 21740

$410,000

1.32 AC lot

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

View details

Absolute NNN Retail Property with Pylon

18234 Maugans Ave, Hagerstown, MD 21740

$2,028,819

3,632 sqft 1.76 AC lot

Absolute NNN retail property on 1.76-acre parcel with interstate pylon signage and remodeled 2018 improvements.

View details

Downtown Hagerstown Commercial Opportunity

35 E WASHINGTON St, Hagerstown, MD 21740

$250,000

7,800 sqft

Versatile commercial space near downtown Hagerstown's amenities.

View details

Hagerstown Investment Opportunity: Wawa Leasehold

10304 Sharpsburg Pike, Hagerstown, MD 21740

$3,431,000

5,915 sqft 2.15 AC lot

Single-tenant Wawa leasehold with long-term income potential.

View details

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

Two-Story Medical/Professional Office Building

645 E 1ST St, Hagerstown, MD 21740

$450,000

4,000 sqft

Spacious, updated 2-story office building ideal for medical or professional use.

View details

Prime Commercial Land on National Pike

16512 NATIONAL PIKE, Hagerstown, MD 21740

$750,000

2.11 AC lot

High-visibility commercial land with utilities and highway access.

View details

Prime Commercial Location on National Pike

16512 NATIONAL PIKE, Hagerstown, MD 21740

$750,000

2.11 AC lot

Over 2 acres with high visibility and strategic accessibility.

View details

HAGERSTOWN Commercial Land Near I-81

INSURANCE WAY, Hagerstown, MD 21740

$950,000

22.01 AC lot

22 acres of commercial real estate near I-81.

View details

Hagerstown Mixed-Use Investment Opportunity

121 E ANTIETAM St, Hagerstown, MD 21740

$740,000

Fully occupied six-unit building with parking and recent upgrades.

View details

HAGERSTOWN Commercial Land Near I-81

INSURANCE WAY, Hagerstown, MD 21740

$950,000

22.01 AC lot

22 acres of commercial real estate near I-81.

View details

Hagerstown, MD Commercial Real Estate Market Trends and Statistics

Explore 75 commercial real estate for sale in Hagerstown, MD, showcased through 75 active listings on our real estate platform. These investment opportunities span a total of 374,367 square feet of properties for sale, with an estimated market value of $46,340,921.

Sale prices for business properties in Hagerstown, MD start at $60,000, averaging $1,362,968, and reaching up to $6,691,515 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List

Map

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
21740	$1.2M
21742	$1.6M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Washington County

Residential Income

Property Size Breakdown

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

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings