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Mixed-Use Property with 12 Units
New
For Sale
$825,000

600 POTOMAC AVENUE, Hagerstown, MD 21740

Eight residential apartments are paired with four commercial suites, creating a flexible combination of housing and operational space.

Property Size9,834 SF
Price / SF$83.89
Days on Market4

Property Features for 600 POTOMAC AVENUE

General Information

Standard status Active
Size 9,834 SF
Property subtype Commercial

Units

Unit Mix 8 x 1BR
Multifamily Units 8

Amenities

hardwood flooring
exterior balconies

Building Details

Year Built 1957
Listing Agency: EXP Realty, LLC
Listed By: Michael J Schiff · License #596243
Source: Cummingsrealtors
Added: Sep 11 Changed: Sep 13 Last Checked: Sep 14 at 7:11AM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This 9,834-square-foot mixed-use property, built in 1957, combines eight one-bedroom apartments with four commercial units. The residential units include kitchens, full bathrooms, living areas, hardwood flooring, natural light, and exterior balconies. Commercial areas provide offices, meeting and work areas, multiple kitchens and bathrooms, storage, laundry facilities, and a large gym or recreation area. Expansive first-floor space adds flexibility to the overall layout.

The property is located at 600 Potomac Avenue in Hagerstown, Maryland, near Downtown Hagerstown and its shopping, restaurants, services, and other area amenities. All units are scheduled to be delivered vacant at settlement. Zoning, licensing, permitted uses, financial projections, and suitability for a proposed use are subject to independent buyer verification.

Key Highlights

  • 9,834‑square‑foot mixed‑use property at 600 Potomac Avenue in Hagerstown, MD
  • Eight 1BR residential units with kitchens, full bathrooms, living areas, hardwood flooring, and exterior balconies
  • Four commercial units with offices, meeting areas, work areas, kitchens, bathrooms, storage, and laundry

Property Analytics

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Current Use

Dennis Monn Family ... Hair Salon

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Dental Office HVAC Service Acupuncture

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,512
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Eight residential apartments are paired with four commercial suites, creating a flexible combination of housing and operational space.
Where is this mixed-use property located?
The property is located at 600 POTOMAC AVENUE Hagerstown, MD.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 9,834‑square‑foot mixed‑use property at 600 Potomac Avenue in Hagerstown, MD; Eight 1BR residential units with kitchens, full bathrooms, living areas, hardwood flooring, and exterior balconies; Four commercial units with offices, meeting areas, work areas, kitchens, bathrooms, storage, and laundry
More about this property
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