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Downtown Hagerstown Flex Space
For Lease
$2,900/Mo

132 E Washington St, Hagerstown, MD 21740

Spacious commercial property in downtown Hagerstown with office and warehouse space.

Space SizeContact for details
Days on Market140

Property Features for 132 E Washington St

General Information

Standard status Active

Building Details

Year Built 1889
Listing Agency: United Real Estate Premier
Listed By: Ashkan Hosseinipoul
Source: Tbhteam
Added: Apr 24 Changed: Sep 4 Last Checked: Sep 9 at 8:42PM

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 United Real Estate Premier

Investment Insights

Based on property information with market context.

This commercial property offers 6,000 square feet of space in a downtown Hagerstown location. The property includes approximately 1,000 square feet of office space and 5,000 square feet of warehouse space. The layout is suitable for a range of business uses, including contractors, light industrial users, retail operations, storage, hardware stores, or mixed-use businesses. The building features high ceilings and an open configuration. The property is located at 132 E Washington St and was formerly home to Fridinger-Ritchie Plumbing and Heating. The location has a walk score of 83, indicating it is very walkable, a bike score of 61, indicating it is bikeable, and a transit score of 28, indicating some transit options are available.

Key Highlights

  • Prime downtown Hagerstown location with high visibility.
  • Spacious 6,000 SF commercial property with flexible warehouse/retail/flex space.
  • Ideal layout with approximately 1,000 SF of office space and 5,000 SF of warehouse space.

Property Analytics

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Current Use

Flex space

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.

Lease Details

NNN (Triple Net)
Lease Type
$0.87 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,052
Businesses Nearby
Balanced
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Majestic 908 Dual Hwy #5913, Hagerstown, MD 21740
  • Applause Caterers 58 E Washington St, Hagerstown, MD 21740
  • KreeativeKreations2 108 E Franklin St, Hagerstown, MD 21740
  • Urban Delightz LLC 108 E Franklin St, Hagerstown, MD 21740
  • Sibara Catering & Global Cafe 204 E Franklin St, Hagerstown, MD 21740

Frequently Asked Questions

What type of property is this?
Flex space - Spacious commercial property in downtown Hagerstown with office and warehouse space.
Where is this flex space located?
The property is located at 132 E Washington St Hagerstown, MD.
What is the lease rate?
The lease rate is $2,900/Mo.
What are key features of this property?
This property features: Prime downtown Hagerstown location with high visibility.; Spacious 6,000 SF commercial property with flexible warehouse/retail/flex space.; Ideal layout with approximately 1,000 SF of office space and 5,000 SF of warehouse space.
More about this property
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