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    640 Frederick St Hagerstown, MD 21740

    Sponsored
    For Sale
    $209,900

    10,000 sqft Mixed-Use Property, Great ROI

    Property size:
    10,121 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 10,121 square foot mixed-use commercial property at 640 Frederick Street, Hagerstown, MD, presents a lucrative investment opportunity. Situated on a 0.36-acre lot, this building offers substantial space ideal for a variety of uses, including offices, retail, warehouse, or even a school. The property features ample workspace, private offices, and extensive storage areas. Large front windows are perfect for showroom displays. Its convenient location directly across from an apartment complex ensures high visibility and foot traffic. The property boasts handicap accessibility, separate gas and electric meters, and plentiful parking both in front and in the rear. Enjoy the benefits of moderate traffic and commerce in a desirable area, promising a strong return on investment. Its proximity to Hager Park, Staley Park, and Potterfield Pool adds to its appeal, while its 12-minute distance from Hagerstown Regional Airport and easy access to major roadways provide excellent connectivity. This versatile building is a prime addition to any investment portfolio. The asking price is $209,900.

    Property Features for 640 Frederick St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    10,121 SF
    Lot Size
    15,682 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Compere Multi Services ... Home Health Care Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.71556
    Latitude
    39.62965

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    FAQs

    What type of property is this?
    Mixed-use property - 10,000 sqft Mixed-Use Property, Great ROI
    Where is this mixed-use property located?
    The property is located at 640 Frederick St Hagerstown, MD.
    What is the asking price?
    The asking price for this property is $209,900.
    (410) 531-0321
    Request Owner's contact information
    640 Frederick St Hagerstown, MD 21740
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    Hagerstown, MD 21740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    640 Frederick St Hagerstown, MD 21740
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