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Multi-Suite Mixed-Use Building
New
For Sale
$299,999

101 W Franklin St, Hagerstown, MD 21740

Vacant commercial and residential areas include office/apartment space and an additional commercial suite.

Property SizeContact for details
Days on Market4

Property Features for 101 W Franklin St

General Information

Standard status Active
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence may need additional rehabilitation

Additional Details

Mixed-Use Components commercial, residential

Taxes and HOA fees

Annual Taxes $4,720

Building Details

Year Built 1900
Buildings 1
Tenancy Multi
Listing Agency: EXP REALTY, LLC
Listed By: YAHAIRA DIAZ · License #RSR005222
Source: Corcoran
Added: Oct 28 Changed: Oct 30 Last Checked: Oct 30 at 3:49PM

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 EXP REALTY, LLC

Rey
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Investment Insights

Based on property information with market context.

Built in 1900, this vacant mixed-use property combines commercial space with upper-level office and apartment areas. The second and third floors have open layouts. At street level, one commercial area includes storage and access to the upper floors; an adjoining suite at 105 W Franklin St. contains four connected rooms and a half bathroom. A new roof is in place, and portions of the building have been remodeled, while other areas may require rehabilitation. The property is offered as-is.

The building is in downtown Hagerstown’s Commercial Historic District, near government offices, courthouses, restaurants, The Maryland Theatre, schools, and the baseball stadium. Commercial, office, and mixed-use purposes are described as subject to applicable zoning and approvals.

Key Highlights

  • Vacant mixed‑use property with commercial and residential areas
  • Built in 1900; new roof
  • Open office/apartment areas on the second and third floors

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

T. & T. LATE ... Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Tanning Salon Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,112
Businesses Nearby
47k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 77% Shops & Services 23%
McDonald's Dining
20,434 visits/mo 0.3 miles
Taco Bell Dining
14,622 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
5,410 visits/mo 0.3 miles
Dollar General Shops & Services
4,371 visits/mo 0.2 miles
Domino's Pizza Dining
1,072 visits/mo 0.4 miles

Demographics for 21740, MD

65,619
Population
27,002
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
926
Density / Sq Mi
$59,410
Median Household Income
$42,159
Median Earnings
$1,031
Median Rent
$241,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Vacant commercial and residential areas include office/apartment space and an additional commercial suite.
Where is this mixed-use property located?
The property is located at 101 W Franklin St Hagerstown, MD.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Vacant mixed‑use property with commercial and residential areas; Built in 1900; new roof; Open office/apartment areas on the second and third floors
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