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Historic Office Building with Live-Work Potential
New
For Sale
$335,000

39 FRANKLIN St E, Hagerstown, MD 21740

Flexible three-floor layout combines professional office space, modern updates, and a finished basement with separate climate control.

Days on Market3

Property Features for 39 FRANKLIN St E

General Information

Standard status Active
Property subtype Commercial

Additional Details

Public Transit Yes

Building Details

Year Built 1895
Buildings 1
Stories 3
Owner Occupied No
Listing Agency: AEK Real Estate LLC
Listed By: Corey C Linthicum · License #672986
Source: Elliman
Added: Jul 30 Changed: Jul 31 Last Checked: Jul 31 at 6:56PM

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

Investment Insights

Based on property information with market context.

Built in 1895, this well-maintained office property retains its original character while incorporating modern updates. The current professional office configuration spans the top 3 floors, with the 3rd floor offering a kitchen and full bathroom for added flexibility. The layout can support continued office use or a live/work arrangement, subject to applicable requirements. The finished basement provides additional usable area and is served by a separate heat pump and central air system.

The front facade was recently painted with an ornate finish, and the majority of the windows have been replaced. A full mini split system provides heat and AC throughout the main 3 floors, while the roof was replaced approx 10yrs ago. The top 3 floors are leased to an in-home health care provider through 12/31/26. Located at 39 Franklin St E in Hagerstown, the property has a walk score of 83, a bike score of 61, and a transit score of 28.

Key Highlights

  • 1895‑built office property with retained original character and modern updates
  • Top 3 floors leased to an in‑home health care provider through 12/31/26
  • 3rd floor includes its own kitchen and full bathroom

Property Analytics

Current Use

Mr. Rick Murray Foster Care Service Jacqualine Polydoros Counselor Tanner Powell Counselor Jada Williams Counselor Emily Nelson Physician

Suggested Use

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

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

2,055
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

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible three-floor layout combines professional office space, modern updates, and a finished basement with separate climate control.
Where is this office building located?
The property is located at 39 FRANKLIN St E Hagerstown, MD.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 1895‑built office property with retained original character and modern updates; Top 3 floors leased to an in‑home health care provider through 12/31/26; 3rd floor includes its own kitchen and full bathroom
More about this property
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