Office Suite with Front
New
For Sale
Contact for pricing
44 N POTOMAC STREET SUITE 101, Hagerstown, MD 21740
A first-floor plan combines reception space with several private offices for business use.
Property Size2,500 SF
Price / SF$1.25
Days on Market5
Property Features for 44 N POTOMAC STREET SUITE 101
General Information
Standard status
Active
Size
2,500 SF
Net Rentable
2,500 SF
Property subtype
Commercial
Additional Details
Floor
First Floor
Building Details
Year Built
1960
Listing Agency:
RG Realty, Inc.
(240) 203-6393
Listed By:
Krystal Stewart · License #679847
(813) 323-0463
Source:
Cummingsrealtors
Added: Oct 16
Changed: Oct 19
Last Checked: Oct 19 at 2:13PM
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 RG Realty, Inc.
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Investment Insights
Based on property information with market context.
At 44 N Potomac Street, Suite 101 is a 2,500 rentable SF office unit on the first floor. Its interior includes a reception area and multiple private offices, with windows facing the street. The building dates to 1960.
The suite is in downtown Hagerstown, Maryland. The layout includes dedicated areas for welcoming visitors and conducting work in separate offices.
The suite is in downtown Hagerstown, Maryland. The layout includes dedicated areas for welcoming visitors and conducting work in separate offices.
Key Highlights
- 2,500 rentable SF office suite on the first floor
- Reception area and multiple private offices
- Front‑facing windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,037
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,740
$600.7K
Cap Rate 7%
$429,100
$429.1K
Cap Rate 9%
$333,744
$333.7K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$49.2K $19.68/SF
− Vacancy
−$9.2K −$3.66/SF
EGI
$40.0K $16.02/SF
− OpEx
−$10.0K −$4.00/SF
NOI
$30.0K $12.01/SF
Area
Washington County, MD
Vacancy
18.60%
Lease Rate
$19.68 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$600,740
Cap Rate 7%
$429,100
Cap Rate 9%
$333,744
Alternative Uses
Best Use
Office B
$429.1K
$375.5K – $500.6K
NOI $30,037 @ 7.0% cap · market cap 961.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$554.6K
$485.2K – $647.0K
NOI $38,819 @ 7.0% cap · market cap 1,242.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,075
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A first-floor plan combines reception space with several private offices for business use.
Where is this office unit located?
The property is located at 44 N POTOMAC STREET SUITE 101 Hagerstown, MD.
What are key features of this property?
This property features: 2,500 rentable SF office suite on the first floor; Reception area and multiple private offices; Front‑facing windows
