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Turn-Key Mixed-Use Investment Opportunity
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117 E Antietam St, Hagerstown, MD 21740

Fully occupied six-unit building with stable cash flow.

Property Size8,388 SF
Price / SF$88.22
Days on Market188

Property Features for 117 E Antietam St

General Information

Standard status Active
Size 8,388 SF
Class C
Property subtype Mixed Use, Multifamily
Zoning ED-17 zoning district
Occupancy 100%
Lease Type Modified Gross
Investment Type Value Add

Building Details

Year Built 1880
Year Renovated 2025
Buildings 2
Stories 3
Units 6
Tenancy Multi
Listing Agency: RG Realty Inc
Listed By: Roberto Gonzalez · License #MD 598229
Source: Crexi
Added: Feb 14 Changed: Aug 14 Last Checked: Aug 20 at 2:05PM

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

Investment Insights

Based on property information with market context.

This fully occupied six-unit mixed-use commercial building offers immediate and stable cash flow. The property is comprised of four residential apartments and two commercial units, all contained within one integrated three-story brick and siding structure. The property consists of three separate tax parcels, improved and operated as a single mixed-use asset. The improvements include one integrated three-story mixed-use building spanning all three parcels, along with a detached garage and approximately 20 on-site parking spaces, a valuable feature in this established mixed-use corridor near the center of Hagerstown. The asset has recently undergone significant capital improvements designed to improve operating efficiency and reduce owner expenses. The former common heating system has been replaced with individual baseboard heating in each unit, allowing heating costs to be passed directly to the tenants and fully eliminating the owner’s gas expense. In addition, all windows throughout the building have been replaced, enhancing energy efficiency, tenant comfort, and long-term maintenance performance. With 100 percent occupancy, a clean utility structure, ample parking, and major systems already addressed, this property offers a true plug-and-play investment for buyers seeking stabilized income with minimal deferred maintenance. This is a solid, well-positioned mixed-use asset in one of Hagerstown’s established commercial and residential areas, well suited for investors focused on dependable cash flow and long-term appreciation. The property has a size of 8388 square feet.

Key Highlights

  • Fully occupied, turn‑key investment property providing immediate and stable cash flow.
  • Significant recent capital improvements, including individual heating units for each tenant and new windows, enhancing energy efficiency and reducing owner expenses.
  • Ample on‑site parking (approximately 20 spaces), a valuable amenity in this location.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Florist Pet Grooming Service Clothing & Fashion Store Pet Store

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

Location Intelligence

Trade Area within ½ mile

2,052
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied six-unit building with stable cash flow.
Where is this mixed-use property located?
The property is located at 117 E Antietam St Hagerstown, MD.
What is the asking price?
The asking price for this property is $740,000.
What are key features of this property?
This property features: Fully occupied, turn‑key investment property providing immediate and stable cash flow.; Significant recent capital improvements, including individual heating units for each tenant and new windows, enhancing energy efficiency and reducing owner expenses.; Ample on‑site parking (approximately 20 spaces), a valuable amenity in this location.
(240) 203-6393 Call to check price and availability
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