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Hagerstown Mixed-Use Investment Opportunity
For Sale
$740,000

121 E ANTIETAM St, Hagerstown, MD 21740

Fully occupied six-unit building with parking and recent upgrades.

Days on Market98

Property Features for 121 E ANTIETAM St

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1880
Listing Agency: RG Realty, Inc.
Listed By: Roberto G. Gonzalez · License #598229
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 7:19AM

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 presents a turn-key investment opportunity with immediate and stable cash flow. The property includes a garage and a large on-site parking lot. Located near the center of Hagerstown in a well-established mixed-use area, the property benefits from consistent tenant demand. Significant capital improvements have been made, enhancing operational efficiency and reducing 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. All windows throughout the building have also been replaced, improving energy efficiency, tenant comfort, and long-term maintenance performance. The property offers a plug-and-play investment for buyers seeking stabilized income with minimal deferred maintenance. Its proximity to ongoing neighborhood investment, including a new multi-use sports center stadium currently under construction, further supports long-term value and upside potential. This asset is well suited for investors focused on dependable cash flow and long-term appreciation. The location has a bike score of 57, indicating it is bikeable, a walk score of 78, indicating it is very walkable, and a transit score of 28, indicating some transit options are available.

Key Highlights

  • Fully occupied six‑unit mixed‑use commercial building providing immediate and stable cash flow.
  • Significant recent capital improvements, including new windows and individual baseboard heating, enhancing energy efficiency.
  • Includes a garage and a large on‑site parking lot, conveying with the sale.

Property Analytics

Current Use

Office Of Consumer Advocates Social Service Agency

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

1,879
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Fully occupied six-unit building with parking and recent upgrades.
Where is this mixed-use property located?
The property is located at 121 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 six‑unit mixed‑use commercial building providing immediate and stable cash flow.; Significant recent capital improvements, including new windows and individual baseboard heating, enhancing energy efficiency.; Includes a garage and a large on‑site parking lot, conveying with the sale.
More about this property
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