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Downtown Hagerstown Commercial Space Available
For Lease
$1,025/Mo

201 E WASHINGTON St, Hagerstown, MD 21740

Versatile commercial space in downtown Hagerstown, suitable for various businesses.

Space SizeContact for details
Lot Size0.53 Acres
Days on Market164

Property Features for 201 E WASHINGTON St

General Information

Standard status Active
Lot size 0.53 Acres
Property subtype Commercial
Lease Term Flexible

Building Details

Year Built 1900
Listing Agency: Marsh Realty
Listed By: Craig P Marsh · License #634396
Source: Elliman
Added: Mar 11 Changed: Aug 9 Last Checked: Aug 20 at 10:21AM

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 Marsh Realty

Investment Insights

Based on property information with market context.

This commercial space is available for rent in downtown Hagerstown, Maryland. The location offers proximity to downtown amenities. The space is suitable for an office, retail store, tattoo studio, or other small business. Features include an open layout, luxury vinyl plank flooring, and natural light from large windows. A half bathroom with a laundry sink is included. The property benefits from visibility and foot traffic.

Key Highlights

  • Prime downtown Hagerstown location with high foot traffic and great visibility
  • Versatile space suitable for office, retail, or studio
  • Open layout with luxury vinyl plank flooring

Property Analytics

Current Use

Retail 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

Location Intelligence

Trade Area within ½ mile

2,052
Businesses Nearby
72k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 79% Shops & Services 21%
McDonald's Dining
20,434 visits/mo 0.2 miles
Taco Bell Dining
14,622 visits/mo 0.4 miles
Burger King Dining
10,541 visits/mo 0.4 miles
Krispy Kreme Doughnuts Dining
8,448 visits/mo 0.5 miles
Advance Auto Parts Shops & Services
5,410 visits/mo 0.2 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?
Retail space - Versatile commercial space in downtown Hagerstown, suitable for various businesses.
Where is this retail space located?
The property is located at 201 E WASHINGTON St Hagerstown, MD.
What is the lease rate?
The lease rate is $1,025/Mo.
What are key features of this property?
This property features: Prime downtown Hagerstown location with high foot traffic and great visibility; Versatile space suitable for office, retail, or studio; Open layout with luxury vinyl plank flooring
More about this property
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