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20-Unit Mixed-Use Building

29-33 E Washington St, Hagerstown, MD 21740

For Sale
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Residential apartments and ground-floor commercial suites share a renovated elevator-served property in downtown Hagerstown.

Property Size17,160 SF
Days on Market43

Property Features for 29-33 E Washington St

General Information

Standard status Active
Size 17,160 SF
Total Parking Spaces 10
Elevators Yes
Property subtype Retail, Multifamily, Mixed Use

Site & Location

Utilities to Site Yes
Mixed-Use Components residential, retail

Units

Unit Mix 18 x 2BR
Multifamily Units 18
Individually Metered Utilities electric, heat, hot water

Additional Details

Sprinkler System Yes

Amenities

courtyard
laundry facilities

Building Details

Year Renovated 2019
Buildings 1
Tenancy Multi
Listing Agency: AEK Real Estate LLC
Listed By: Mike Deming · License MD #667079
Source: Crexi
Added: Sep 29 Changed: Nov 8 Last Checked: Nov 10 at 7:25AM

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 AEK Real Estate LLC

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Investment Insights

Based on property information with market context.

This elevator-served mixed-use property contains 20 units: 18 two-bedroom apartments and two ground-floor commercial suites, totaling 17,160 SF. Renovation work completed in 2019 updated the units and common areas. Building features include a courtyard, laundry facilities, a monitored alarm, and sprinkler coverage throughout. Electric, heat, and hot water are separately metered. On-site parking accommodates 9-10 vehicles.

Located in Hagerstown’s Downtown Arts & Entertainment District, the property is offered vacant and without a master lease. Its rental license transfers with a sale and remains valid through June 30, 2027.

Key Highlights

  • 20 units: 18 two‑bedroom apartments and 2 ground‑floor commercial suites
  • 17,160 SF in an elevator‑served building
  • Renovated in 2019; unit interiors and common areas updated

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Pet Store Tanning Salon Veterinary Clinic

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

18
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,075
Businesses Nearby

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

Properties on Market for Mixed-use properties in Hagerstown

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Residential apartments and ground-floor commercial suites share a renovated elevator-served property in downtown Hagerstown.
Where is this mixed-use property located?
The property is located at 29-33 E Washington St Hagerstown, MD.
What are key features of this property?
This property features: 20 units: 18 two‑bedroom apartments and 2 ground‑floor commercial suites; 17,160 SF in an elevator‑served building; Renovated in 2019; unit interiors and common areas updated
(410) 808-2483 Call to check price and availability
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