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Downtown Hagerstown Redevelopment Opportunity

72 W Washington St Hagerstown, MD 21740

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For Sale
$2,490,000

Historic building with adaptive reuse potential in downtown Hagerstown.

Type:Commercial
Property size:
34,720 SF
Lot size:
0.23 Acres
Price / SF:
$71/SF
Added:
May 18, 2026
Days on Market:
56
Last Refresh:
Jul 3 at 5:45 am

Property Features for 72 W Washington St

General Information

Standard status
Active
Size
34,720 SF
Lot size
0.23 Acres
Property subtype
Commercial

Building Details

Year Built
1920

Listing office RG REALTY, INC.

Listing date May 18, 2026

Source Corcoran

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.


Investment Insights

Based on property information with market context.

Located in downtown Hagerstown, the Earles Building at 72 W Washington Street presents a rare redevelopment opportunity. This seven-story historic commercial asset is situated in the heart of the City Center corridor on approximately 0.23 acres. Zoned CCMU, the property offers adaptive reuse potential for investors, developers, or mixed-use repositioning buyers. Redevelopment plans provided by the seller illustrate a concept for 42 residential units, including 26 one-bedroom and 16 two-bedroom units, with business, fitness, and storage components on the lower level and first floor. The building's scale, visibility, historic character, and frontage on West Washington Street make it suitable for residential conversion, mixed-use redevelopment, or other value-add strategies. The property is located near downtown dining, arts, civic resources, and ongoing reinvestment activity. The building area is approximately 29,720 to 34,720 square feet, according to public sources.

Key Highlights

  • Prime downtown Hagerstown location in the City Center corridor
  • Significant adaptive reuse potential with seller‑furnished redevelopment plans for a 42‑unit residential conversion
  • CCMU zoning allows for flexible mixed‑use redevelopment strategies

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Downtown Luxe Apartment Building

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Veterinary Clinic Florist

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Historic building with adaptive reuse potential in downtown Hagerstown.
Where is this mixed-use property located?
The property is located at 72 W Washington St Hagerstown, MD.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: Prime downtown Hagerstown location in the City Center corridor; Significant adaptive reuse potential with seller‑furnished redevelopment plans for a 42‑unit residential conversion; CCMU zoning allows for flexible mixed‑use redevelopment strategies
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