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Multi-Tenant Office Building
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 Market15

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

Additional Details

Tenant in Place Yes
Property Use Office

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 Changed: Oct 23 Last Checked: Oct 30 at 12:06AM
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.

Rey
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Investment Insights

Based on property information with market context.

At 44 N Potomac Street, this 23,160-square-foot office building dates to 1960 and has brick construction. Elevator access supports its multi-tenant configuration, with a range of suite sizes and layouts. The building includes existing tenants as well as vacant suites, and the current occupancy generates rental income.

Located in downtown Hagerstown, the property has on-street parking. Heating is provided by forced air, with central air conditioning. Building area is per assessor.

Key Highlights

  • 23,160 SF building area, per assessor
  • Existing tenants and vacant suites
  • Elevator access

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

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 vacant suites in a downtown commercial 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; Existing tenants and vacant suites; Elevator access
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