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Historic Hagerstown Landmark Building
For Sale
$695,000

16 W Franklin Street, Hagerstown, MD 21740

Renaissance Revival building with redevelopment potential in historic downtown.

Property Size12,792 SF
Price / SF$54.33
Days on Market127

Property Features for 16 W Franklin Street

General Information

Standard status Active
Size 12,792 SF
Property subtype Mixed Use

Building Details

Year Built 1907
Listing Agency: RE/MAX Results
Listed By: Shirley Bayer · License #94488
Source: Xome
Added: Mar 26 Changed: Jul 10 Last Checked: Jul 30 at 5:32PM

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 RE/MAX Results

Investment Insights

Based on property information with market context.

This historically significant three-story building, a landmark Renaissance Revival structure of brick and stone construction, features monumental pilasters spanning two stories and an ornate modillioned cornice with dentil and decorative corner pendants. Listed on the National Register of Historic Places, the building, constructed circa 1907 and dedicated in 1908, served as a gathering place. The third-floor ceremonial hall is noted as an early venue where Patsy Cline's musical career began in 1952. The 12,792 sq ft building offers a clean, open canvas suitable for adaptive re-use. Architectural details include an original staircase, wood floors, millwork, and high ceilings. The metal roof is approximately 10 years old. The property's Center City Mixed Use Zoning allows for a blend of commercial, residential, offices, shops, event space, boutique/hospitality, and live/work environments. It benefits from high visibility, foot traffic, and proximity to local amenities, government offices, and cultural attractions. This redevelopment opportunity is located in one of Maryland's most historic downtowns.

Key Highlights

  • Historically significant Renaissance Revival building listed on the National Register of Historic Places.
  • Large 12,790 sq ft building with Center City Mixed Use (CCMU) zoning, allowing for diverse redevelopment options.
  • Patsy Cline's early performance venue, offering unique historical and cultural storytelling value.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

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

1,983
Businesses Nearby
43k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 82% Shops & Services 16% Electronics 2%
McDonald's Dining
20,434 visits/mo 0.5 miles
Roy Rogers Dining
7,596 visits/mo 0.3 miles
Dollar General Shops & Services
4,371 visits/mo 0.4 miles
China King Dining
3,376 visits/mo 0.3 miles
Little Caesars Pizza Dining
3,047 visits/mo 0.3 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Renaissance Revival building with redevelopment potential in historic downtown.
Where is this mixed-use property located?
The property is located at 16 W Franklin Street 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: Historically significant Renaissance Revival building listed on the National Register of Historic Places.; Large 12,790 sq ft building with Center City Mixed Use (CCMU) zoning, allowing for diverse redevelopment options.; Patsy Cline's early performance venue, offering unique historical and cultural storytelling value.
More about this property
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