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Downtown Hagerstown Professional Office Suite
For Lease
$1,200/Mo

5 Public Sq #428, Hagerstown, MD 21740

Multi-office suite in a prime downtown location, ready for occupancy.

Space SizeContact for details
Days on Market481

Property Features for 5 Public Sq #428

General Information

Standard status Active

Building Details

Year Built 1920
Listing Agency: BLACK DIAMOND REALTY, LLC
Listed By: CRYSTAL LEE PHEULPIN · License #616670
Source: Corcoran
Added: Apr 29, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

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 BLACK DIAMOND REALTY, LLC

Investment Insights

Based on property information with market context.

Located in downtown Hagerstown on the Square, this multi-office suite is situated in the Professional Arts Building. The suite features multiple private offices and a private restroom. The building is secure and elevator-served. The location is near restaurants, shops, banks, the courthouse, City Hall, and The Maryland Theater. It is also located blocks from the new Meritus Park baseball stadium. The property is available for immediate occupancy.

Key Highlights

  • Prime Downtown Hagerstown location on the Square, offering high visibility and convenience.
  • Multi‑office suite suitable for various business needs.
  • Private restroom within the suite.

Property Analytics

Current Use

AEON Virtual Office Real Estate Agency J. Gregory Hannigan ... Law Firm BrightLife Enhancement Services Crisis Center Hard Money Lenders ... Loan Service Jennifer Peiffer Century ... Real Estate Agency

Suggested Use

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

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

NNN (Triple Net)
Lease Type

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

Market

Lease Benchmarks for Hagerstown, MD

$19.09 /SF/Yr
Avg Asking Price
$2.68–$52.94 /SF/Yr
Price Range
5,364 SF
Avg Space Size

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 units - Multi-office suite in a prime downtown location, ready for occupancy.
Where is this office units located?
The property is located at 5 Public Sq #428 Hagerstown, MD.
What is the lease rate?
The lease rate is $1,200/Mo.
What are key features of this property?
This property features: Prime Downtown Hagerstown location on the Square, offering high visibility and convenience.; Multi‑office suite suitable for various business needs.; Private restroom within the suite.
More about this property
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