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Mixed-Use Investment in Downtown Hagerstown

101 POTOMAC St, Hagerstown, MD 21740

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For Sale

$925,000

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

Type:Commercial

HighLights

100% Occupied: Provides immediate and stable cash flow.
Value‑Add Potential: Opportunity to add an additional residential or office unit.
Recent Capital Improvements: $75,000 invested in 2023, including a new roof and HVAC/AC unit replacements.
Prime Downtown Location: Strong demand due to visibility, walkability (Walk Score of 91), and proximity to amenities.
Diversified Income: Consists of 7 commercial and 3 residential units.
Mixed‑Use Investment: Stabilized asset in an established urban corridor.

We can help!

Listing Contact

Roberto G. Gonzalez

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For Sale

$925,000

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

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 53
Last Refresh:: Apr 24 at 4:21 pm

Property Features for 101 POTOMAC St

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1920

We can help!

Listing Contact

Roberto G. Gonzalez

Listing agent Roberto G. Gonzalez License #598229

Listing office RG Realty, Inc.

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of RG Realty, Inc.

HighLights

100% Occupied: Provides immediate and stable cash flow.
Value‑Add Potential: Opportunity to add an additional residential or office unit.
Recent Capital Improvements: $75,000 invested in 2023, including a new roof and HVAC/AC unit replacements.
Prime Downtown Location: Strong demand due to visibility, walkability (Walk Score of 91), and proximity to amenities.
Diversified Income: Consists of 7 commercial and 3 residential units.
Mixed‑Use Investment: Stabilized asset in an established urban corridor.

Overview

Located at 101–103 North Potomac Street, Hagerstown, MD 21740, this mixed-use property features 7 commercial retail/office units and 3 residential apartments. The property is currently 100% occupied, providing immediate and stable cash flow. There is potential to add an additional residential or office unit on the second floor, subject to due diligence, zoning, and permitting. Ownership completed over $75,000 in capital improvements in 2025, including the installation of a new roof and the replacement of three HVAC/AC units. The downtown Hagerstown location supports strong demand for both commercial and residential tenants due to visibility, walkability, and proximity to employment centers, government offices, retail, and public services. The property is suited for investors seeking a stabilized mixed-use property with upside through unit expansion, selective renovations, or rent growth. The location has a walk score of 91, making it a walker's paradise, a bike score of 67, making it bikeable, and a transit score of 30, indicating some transit options. This property offers full occupancy, recent capital improvements, diversified tenancy, and additional value-add potential in an established urban corridor.

Location Intelligence

Current Use by Public Records

Glorified Beauty Supply ... (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Hagerstown
County: Washington
State: Maryland
Longitude: -77.7194727
Latitude: 39.6435689

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For sale
Mixed-use properties
MD
Hagerstown
21740
101 POTOMAC St

What type of property is this?

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

Where is this mixed-use property located?

The property is located at 101 POTOMAC St Hagerstown, MD.

What is the asking price?

The asking price for this property is $925,000.

What are key features of this property?

This property features: 100% Occupied: Provides immediate and stable cash flow.; Value‑Add Potential: Opportunity to add an additional residential or office unit.; Recent Capital Improvements: $75,000 invested in 2023, including a new roof and HVAC/AC unit replacements.

101 POTOMAC St, Hagerstown, MD 21740

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

Property Features for 101 POTOMAC St

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Turnkey Multifamily Investment Opportunity

HAGERSTOWN Redevelopment Opportunity

Downtown Flex Building with Drive-Through

HAGERSTOWN Multifamily Investment Opportunity

Hagerstown Duplex with Rental Income

Radio Station on 6.75 Acres

HAGERSTOWN Multi-Unit Investment Opportunity

HAGERSTOWN Multifamily Investment Opportunity

Hagerstown Triplex: Investment Opportunity

Turnkey 5-Unit Investment Property

Three-Unit Apartment Investment

Hagerstown Multi-Unit Investment Opportunity

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