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Multi-Tenant Office Building
New
For Sale
$2,500,000

44 N POTOMAC Street, Hagerstown, MD 21740

Commercial Sale, HAGERSTOWN, MD

Property Size23,160 SF
Lot Size0.22 Acres
Price / SF$107.94
Days on Market3

Property Features for 44 N POTOMAC Street

General Information

Property type Other
Property subtype Office
Parking features On Street
Elementary school district WASHINGTON COUNTY PUBLIC SCHOOLS
Middle school district WASHINGTON COUNTY PUBLIC SCHOOLS
High school district WASHINGTON COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 0.22 Acres

Taxes and HOA fees

Tax Annual Amount 30591

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1960
Number of units 1
Building materials Brick
Listing Agency: RG Realty, Inc.
Listed By: Krystal Stewart · License #679847
Added: Oct 16 Last Checked: Oct 18 at 7:06AM
MLS# MDWA2040868

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

At 44 N Potomac Street in downtown Hagerstown, this 23,160 SF office building, with area reported per assessor, contains occupied and vacant suites. Elevator access serves the multi-tenant layout. The building dates to 1960 and has brick construction, forced-air heat, and central air conditioning.

Current tenants provide rental income, while available suites offer space for additional leasing. The property sits on a 0.2159-acre lot, with on-street parking.

Key Highlights

  • 23,160 SF building area, per assessor
  • Occupied suites generate existing rental income; vacant suites are available for leasing
  • Elevator serves the multi‑tenant office building

Property Analytics

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Current Use

Strite & Schildt Law Firm Consumer Protection Division Law Firm Washington County Playhouse ... Theater & Performing Art Venue Juvenile Service: Washington ... Juvenile Detention Center Strong Families Strong ... Psychotherapist

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

Multi-tenant
Tenancy

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Elevator access serves a mix of occupied and available office suites in this multi-tenant property.
Where is this office building located?
The property is located at 44 N POTOMAC Street Hagerstown, MD.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 23,160 SF building area, per assessor; Occupied suites generate existing rental income; vacant suites are available for leasing; Elevator serves the multi‑tenant office building
More about this property
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