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CVS Pharmacy Drug Store
For Sale
Contact for pricing
Pending

34 North Cannon Ave, Hagerstown, MD 21740

The store has operated at this location since 2000 under a long-term lease.

Property SizeContact for details
Days on Market144

Property Features for 34 North Cannon Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Tenancy Single
Listing Agency: CrownPoint Partners
Listed By: Shannon Bona · License #BK3629909
Source: Crexi
Added: Apr 10 Changed: Aug 30 Last Checked: Aug 30 at 11:32PM

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 CrownPoint Partners

Investment Insights

Based on property information with market context.

This drug store is occupied by CVS Pharmacy at 34 North Cannon Ave in Hagerstown, Maryland. The location has served as a CVS store since 2000, providing an established operating history for the property. CVS has renewed its lease for an additional 18 years, creating a clearly defined long-term occupancy commitment.

The property sits at a three-way downtown intersection in Hagerstown, the county seat of Washington County. The city is connected by Interstates 81 and 70 and functions as a regional transportation and distribution center, with additional service from CSX, Norfolk Southern, Winchester and Western railroads, and Hagerstown Regional Airport.

Key Highlights

  • CVS Pharmacy has operated at the property since 2000
  • Lease renewed for an additional 18 years
  • Located at a three‑way downtown intersection

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy CVS Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm Relindis Mbah Pharmacy

Suggested Use

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

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,000
Businesses Nearby
96k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 60% Shops & Services 24% Groceries 9% Apparel 6%
McDonald's Dining
20,434 visits/mo 0.0 miles
Taco Bell Dining
14,622 visits/mo 0.2 miles
Burger King Dining
10,541 visits/mo 0.3 miles
Aldi Groceries
9,001 visits/mo 0.4 miles
Krispy Kreme Doughnuts Dining
8,448 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
Rey
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Similar Off Market Nearby

  • Family Healthcare Pharmacy 201 S Cleveland Ave Suite 101, Hagerstown, MD 21740
  • Bryan A. Tingle, PharmD 31 Eastern Blvd N, Hagerstown, MD 21740
  • Weis Pharmacy 31 Eastern Blvd N, Hagerstown, MD 21740
  • Colleen C. Lehmann, RPH 31 Eastern Blvd N, Hagerstown, MD 21740
  • DREAMHONEYLUXE 240 S Potomac St Suite 204, Hagerstown, MD 21740

Frequently Asked Questions

What type of property is this?
Drug store - The store has operated at this location since 2000 under a long-term lease.
Where is this drug store located?
The property is located at 34 North Cannon Ave Hagerstown, MD.
What are key features of this property?
This property features: CVS Pharmacy has operated at the property since 2000; Lease renewed for an additional 18 years; Located at a three‑way downtown intersection
More about this property
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