Downtown Mixed-Use Redevelopment
For Sale
$650,000
125 W WASHINGTON St, Hagerstown, MD 21740
Four-story mixed-use building in Hagerstown's Arts & Entertainment District.
Days on Market98
Property Features for 125 W WASHINGTON St
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1928
Listing Agency:
RG Realty, Inc.
(301) 991-0207
Listed By:
Roberto G. Gonzalez · License #598229
(301) 991-0207
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 12:19PM
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.
Located in a prominent downtown location near the city center, this four-story mixed-use building presents a true value-add redevelopment opportunity. The property's CCMU zoning, building size, and positioning within the Arts & Entertainment District contribute to its potential. Elevator access is available to all levels, and the property includes off-street parking. Situated within Hagerstown’s Arts & Entertainment District, the area is known for ongoing revitalization, public art, festivals, restaurants, and cultural destinations. The building is currently vacant and requires renovation, making it suitable for an investor seeking upside through repositioning. Flexible use potential includes retail, office, residential conversion, or a hybrid live/work concept, subject to approvals. Buyers may explore incentive and grant opportunities offered through City programs and A&E District benefits. The property has a walk score of 78, indicating it is very walkable, a bike score of 57, indicating it is bikeable, and a transit score of 28, indicating some transit options are available.
Key Highlights
- True value‑add redevelopment opportunity due to CCMU zoning, building size, and A&E District positioning.
- Located in Hagerstown’s Arts & Entertainment District with revitalization, public art, festivals, restaurants, and cultural destinations.
- Elevator access to all levels and off‑street parking, a rare combination in downtown Hagerstown.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
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 Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Four-story mixed-use building in Hagerstown's Arts & Entertainment District.
Where is this mixed-use property located?
The property is located at 125 W WASHINGTON St Hagerstown, MD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: True value‑add redevelopment opportunity due to CCMU zoning, building size, and A&E District positioning.; Located in Hagerstown’s Arts & Entertainment District with revitalization, public art, festivals, restaurants, and cultural destinations.; Elevator access to all levels and off‑street parking, a rare combination in downtown Hagerstown.
