Hagerstown, MD Commercial Real Estate for Sale

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Updated: Sep 24

17-Unit Multifamily Property

15149 BLOYERS Avenue, Hagerstown, MD 21740

$2,700,000

9,859 sqft 2.72 AC lot

17 units across four buildings: eight two‑bedroom units, eight one‑bedroom units, and one four‑bedroom single‑family home
9,859 square feet on 2.72 acres
All units are leased
Metal roofs carry a 30‑year warranty
New septic system and paved parking lot

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Updated: Aug 11

8-Unit Mixed-Use Apartment Building

400 N POTOMAC Street, Hagerstown, MD 21740

$760,000

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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Mixed-Use Property with 3 Apartments

382 S CLEVELAND Avenue, Hagerstown, MD 21740

$650,000

5,602 sqft 0.25 AC lot

Corner property combines residential units with a configurable first-floor commercial layout and on-site parking.

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Mixed-Use Building with Apartments

135 E FRANKLIN STREET E, Hagerstown, MD 21740

$399,900

12,645 sqft 0.29 AC lot

CC-MU-zoned property combines occupied shop space, vacant storefronts, and plans for three apartments.

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Seven-Story Historic Mixed-Use Building

72 W WASHINGTON Street, Hagerstown, MD 21740

$2,290,000

0.23 AC lot

Seller-furnished plans outline residential conversion with business, fitness, and storage areas.

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Cleared Commercial Land

207 MCRAND Court, Hagerstown, MD 21740

$645,000

1.85 AC lot

Flat, cleared land with utilities and public services available for commercial or industrial development.

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Commercial Land Near Interstate 70

3 OAK RIDGE Drive, Hagerstown, MD 21740

$2,915,000

3.88 AC lot

Assembled commercial land with road frontage, available public water and sewer, and highway-interchange zoning.

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Mixed-Use Campus with Industrial Buildings

871 Commonwealth Ave, Hagerstown, MD 21740

$3,950,000

53,379 sqft 7.01 AC lot

Three-building campus combines manufacturing, warehouse, and office space with flexible occupancy and leasing configurations.

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Highway Interchange Commercial Land

3 OAK RIDGE Drive, Hagerstown, MD 21740

$2,915,000

3.88 AC lot

Commercial land with highway interchange zoning, frontage on two streets, and public water and sewer availability.

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Commercial Land with Utilities

MILL ST, Hagerstown, MD 21740

$199,900

0.62 AC lot

Commercial parcel with public water and sewer availability beside medical offices.

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Equipped Restaurant Building

300 SUMMIT AVENUE, Hagerstown, MD 21740

$690,000

3,119 sqft

The sale includes restaurant equipment, fixtures, and a point-of-sale system for dine-in and takeout service.

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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

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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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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End-Unit Office Condo

366 MILL Street, Hagerstown, MD 21740

$340,000

C-2-zoned suite combines private offices with client-facing reception and flexible work areas.

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Medical Office Condo with Open Layout

11236 ROBINWOOD Drive, Hagerstown, MD 21742

$359,900

Commercial condo with a private office, kitchen, restroom, and parking lot.

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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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Four-Story Apartment Building with Garage

154 154-158 Potomac, Hagerstown, MD 21740

$1,400,000

12,736 sqft 0.22 AC lot

Fully leased mixed-use property with individually metered units, a detached garage, and CC-MU zoning in downtown Hagerstown.

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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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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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17-Unit Apartment Property

15149 Bloyers Avenue, Hagerstown, MD 21740

$2,700,000

9,859 sqft

Four buildings offer a mix of apartment units and a single-family home, with upgraded interiors and paved parking.

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Mixed-Use Apartment Building with Retail Space

400 N Potomac St, Hagerstown, MD 21740

$760,000

8,524 sqft

Eight-unit property combines professionally managed apartments with a ground-floor commercial space in a walkable North End setting.

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Downtown Hagerstown Commercial Opportunity

35 E Washington St, Hagerstown, MD 21740

$250,000

7,882 sqft

Versatile commercial space near downtown Hagerstown's amenities.

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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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Hagerstown, MD Commercial Real Estate Market Trends and Statistics

Explore 91 commercial real estate for sale in Hagerstown, MD, showcased through 91 active listings on our real estate platform. These investment opportunities span a total of 2,245,951 square feet of properties for sale, with an estimated market value of $58,851,199.

Sale prices for business properties in Hagerstown, MD start at $55,000, averaging $1,014,675, 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.

Hagerstown, MD CRE market trends — vacancy, lease rates and price per SF, updated monthly

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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	$564K
21740	$976.5K

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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