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29 W Franklin St Hagerstown, MD 21740

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For Sale
$695,000

Well-maintained commercial building with income potential in downtown Hagerstown.

Lot size:
0.14 Acres

Property Features for 29 W Franklin St

General Information

Property type
Commercial
Standard status
Active
Lot size
0.14 Acres

Building Details

Year built
1900

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Listing Contact
Toby W Wantz
Toby W Wantz
Source: Elliman

Listing Agency: REAL ESTATE TODAY Listing Agent: Toby W Wantz

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

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Overview

Downtown Hagerstown Mixed-Use Investment

Located in downtown Hagerstown, this well-maintained four-story commercial building, known as the Einbinder Building, offers over 8,600 sq. ft. of usable space plus a finished basement. Zoned CC-MU (City Center Mixed Use), the property is suited for a variety of uses. The first floor is currently owner-occupied as professional office space, and the owner is willing to lease back the space for 3–6 months following settlement. The building has two main entrances: one to a spacious first-floor office suite with multiple private offices and a large conference room, and another providing direct access to six upper-level units with income-producing residential potential. These upper-level units have historically been used as professional office space and are currently vacant. Conversion of the upper levels back to residential use will require installation of a sprinkler system. The six apartment units are in excellent condition and are considered rent-ready. The finished basement includes additional office space, utility areas, and a walkout to the rear parking lot. A private rear parking lot accommodates 8 vehicles with potential for expansion and multi-alley access. The property is conveniently located steps from the U.S. Post Office, Hagerstown City Hall, courthouses, Meritus Baseball Stadium, local businesses, and restaurants, with easy access to both I-81 and I-70.
Location Intelligence

Current Use by Public Records

The Poole Law Group, ... Law Firm Poole, Travis W Law Firm Law Office of Arthur ... Law Firm

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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  • Local Demand
City
Hagerstown
County
Washington
State
Maryland
Longitude
-77.7184036
Latitude
39.6425757

FAQs

What type of property is this?
Mixed-use property - Well-maintained commercial building with income potential in downtown Hagerstown.
Where is this mixed-use property located?
The property is located at 29 W Franklin St Hagerstown, MD.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: - Prime downtown Hagerstown location with convenient access.; - Significant income potential with six rent-ready upper-level units.; - Flexible CC-MU zoning allows for a variety of uses.
More about this property
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