Hagerstown, MD Flex Space for Sale

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Updated: Apr 24

Renovated Flex Space For Sale

651 N Prospect St, Hagerstown, MD 21740

$2,900,000

32,058 sqft

44,000 Rentable sq. ft. Business‑User Property
Total building renovation completed in Dec. 2025
Owner financing available to pre‑qualified purchaser
Convenient access to I‑81, I‑70, & I‑270 and Baltimore‑Washington Metro Areas
Fenced impound yard with new roll‑up access to a Lower Level

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Updated: Apr 12

Flex Space with Office Suites

825 W Washington St, Hagerstown, MD 21740

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6,984 sqft 0.21 AC lot

6,984 SF flex property on a 9,000 SF lot
Three private front office suites with separate entrances, locks, mailboxes, heating, and air conditioning
Upper‑level area measures 34' x 72' and includes two shower stalls and a half bath
Main warehouse measures 50' x 38' with 12.5' ceilings
Two dock‑height doors, including an 18' x 12' overhead door and a standard loading dock

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Two-Story Warehouse Building

839 S POTOMAC ST, Hagerstown, MD 21740

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7,839 sqft 0.31 AC lot

Two-story warehouse building on a 0.31-acre site, zoned CG for a broad range of commercial uses.

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See what stands out in Washington County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Warehouse with Yard Parking

1394 JEFFERSON BLVD, Hagerstown, MD 21742

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1,800 sqft

Warehouse totaling 1,800 sq. ft. with 12' ceilings, 12' overhead doors, mezzanine storage, and secured gravel parking.

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High Bay Warehouse with Yard

1394 JEFFERSON BLVD, Hagerstown, MD 21742

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2,500 sqft

2,500 SF high bay warehouse features 18' ceilings, 12' overhead doors, and an on-site secured gravel parking area.

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Flex Building with Drive-In Access

221 McRand Ct, Hagerstown, MD 21740

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25,500 sqft

Industrial General-zoned flex property combining warehouse, office, secured outdoor storage, and an occupied tenant space.

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

Industrial Flex Space with Docks

952 Frederick St, Hagerstown, MD 21740

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89,196 sqft

Industrial General-zoned facility with dedicated office space, loading access, drive-in doors, and wet sprinkler protection.

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Multi-Use Building Near Meritus Park

100 Summit Ave, Hagerstown, MD 21740

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53,514 sqft

53,500 SF multi-use building near upcoming baseball stadium.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Hagerstown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with Loading Docks

511 CUMBERLAND VALLEY PLACE, Martinsburg, WV 25401

$3,100,000

57,181 sqft

Versatile commercial building combining warehouse, retail, office, garage, and residential components in downtown Martinsburg.

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Remodeled Flex/Industrial Building

220 Potomac S, Waynesboro, PA 17268

$399,000

5,752 sqft

Clear-span flex building with removable interior walls, three-phase electric, and front and rear parking access.

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Updated Flex Space with Warehouse

128 W Third St, Waynesboro, PA 17268

$275,000

4,140 sqft

Adaptable commercial layout combines a customer-facing front area with rear warehouse functionality and overhead door access.

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Three-Workspace Flex Building

87 ENERGY DRIVE, Martinsburg, WV 25404

Contact for pricing

Interior layout supports office functions, warehouse storage, or a combination of commercial uses.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

L1-Zoned Industrial Land

4060 STANFORD Court, Frederick, MD 21703

$499,000

2.61 AC lot

Industrial parcel with regional route access and zoning supporting warehouse, distribution, and flex-industrial uses.

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Off-Market Properties in Hagerstown, MD

Consider similar Off-Market properties in Hagerstown, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Flex space

11905 Wheatfield Dr, Hagerstown, MD 21740

Value Estimation by Request

10,000 sqft

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Distribution properties

12111-17 Insurance Way, Hagerstown, MD 21740

Value Estimation by Request

21,050 sqft

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Distribution properties

0 Arnett Dr, Hagerstown, MD 21740

Value Estimation by Request

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Hagerstown, MD Flex Space Market Trends and Statistics

Explore 11 flex space for sale in Hagerstown, MD, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 219,391 square feet of properties for sale, with an estimated market value of $2,900,000.

Sale prices for business spaces in Hagerstown, MD average $2,900,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$2.9M

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

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