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Flex Space with Loading Dock
For Lease
$2,100/Mo

654-650 Frederick St, Hagerstown, MD 21740

Office area and warehouse space support a mix of administrative and storage functions.

Space Size2,375 SF
Days on Market32

Property Features for 654-650 Frederick St

General Information

Standard status Active
Size 2,375 SF
Net Rentable 2,375 SF

Space & Availability

Available Space 2,375 SF
Contiguous Space 2,375 SF
Space Use Warehouse

Additional Details

Warehouse Space 1,683 SF
Listing Agency: Berkshire Hathaway HomeServices Homesale Realty
Listed By: Taylor Bowen · License #WV0028038
Source: Exprealty
Added: Sep 30 Changed: Oct 28 Last Checked: Oct 30 at 6:27PM

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 Berkshire Hathaway HomeServices Homesale Realty

Rey
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Investment Insights

Based on property information with market context.

This flex property combines 1,683 square feet of warehouse area with office space within a 2,375-square-foot commercial unit. High ceilings and a loading dock accommodate shipping, receiving, and deliveries.

The space is at 654-650 Frederick St in Hagerstown, Maryland, and is offered for lease.

Key Highlights

  • 2,375 SF of commercial space
  • Approximately 1,683 SF of warehouse space, plus office area
  • Loading dock for shipping, receiving, and deliveries

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Storage Facility Skin Care 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

NNN (Triple Net)
Lease Type
$1.59 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

740
Businesses Nearby
Under-served
Demand for This Use

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

$11.57 /SF/Yr
Avg Asking Price
$5.8–$20.97 /SF/Yr
Price Range
16,634 SF
Avg Space Size

This space is priced 8% below the average of $11.57 /SF/Yr.

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Majestic — 908 Dual Hwy #5913, Hagerstown, MD 21740

Frequently Asked Questions

What type of property is this?
Flex space - Office area and warehouse space support a mix of administrative and storage functions.
Where is this flex space located?
The property is located at 654-650 Frederick St Hagerstown, MD.
What is the lease rate?
The lease rate is $2,100/Mo.
What are key features of this property?
This property features: 2,375 SF of commercial space; Approximately 1,683 SF of warehouse space, plus office area; Loading dock for shipping, receiving, and deliveries
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