Historic Downtown Redevelopment
For Sale
$2,290,000
72 W WASHINGTON Street, Hagerstown, MD 21740
Commercial Sale - HAGERSTOWN, MD
Property Size34,720 SF
Lot Size0.23 Acres
Price / SF$65.96
Days on Market95
Property Features for 72 W WASHINGTON Street
General Information
Property type
Other
Property subtype
Office
Rooms
Basement
Elementary school district
WASHINGTON COUNTY PUBLIC SCHOOLS
Middle school district
WASHINGTON COUNTY PUBLIC SCHOOLS
High school district
WASHINGTON COUNTY PUBLIC SCHOOLS
Standard status
Active
Lot size
0.23 Acres
Taxes and HOA fees
Tax Annual Amount
18677
Building Details
Year built
1920
Number of units
2
Building materials
Brick, Concrete
Listing Agency:
RG Realty, Inc.
(240) 203-6393
Listed By:
Roberto G. Gonzalez · License #598229
(301) 991-0207
Added: May 19
Changed: Jul 20
Last Checked: Aug 21 at 5:06AM
MLS# MDWA2037084
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
72 W Washington Street, historically known as the Earles Building, is a prominent seven-story historic commercial property offered for redevelopment. The site is approximately 0.23 acres and is zoned CCMU. Seller-furnished redevelopment plans illustrate a residential conversion concept totaling 42 units, including 26 one-bedroom and 16 two-bedroom units, along with business, fitness, and storage components shown on the lower level and first floor.
The property is located in downtown Hagerstown along West Washington Street frontage, within the City Center corridor. Nearby activity includes downtown dining, arts, and civic uses, with continued reinvestment activity mentioned in the remarks.
Building area information from public sources varies between approximately 29,720 SF and 34,720 SF, and the buyer is instructed to verify building area, zoning, approvals, plan status, incentives, and redevelopment feasibility.
The property is located in downtown Hagerstown along West Washington Street frontage, within the City Center corridor. Nearby activity includes downtown dining, arts, and civic uses, with continued reinvestment activity mentioned in the remarks.
Building area information from public sources varies between approximately 29,720 SF and 34,720 SF, and the buyer is instructed to verify building area, zoning, approvals, plan status, incentives, and redevelopment feasibility.
Key Highlights
- Prime downtown Hagerstown location with high visibility and West Washington Street frontage.
- Significant adaptive reuse potential for residential conversion or mixed‑use redevelopment.
- Seller‑furnished redevelopment plans available, depicting a 42‑unit residential concept (26 one‑bedroom, 16 two‑bedroom).
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Seven-story historic commercial building at 72 W Washington Street, offered for adaptive reuse in a CCMU-zoned downtown setting.
Where is this office building located?
The property is located at 72 W WASHINGTON Street Hagerstown, MD.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: Prime downtown Hagerstown location with **high visibility and West Washington Street frontage.**; Significant adaptive reuse potential for residential conversion or mixed‑use redevelopment.; Seller‑furnished redevelopment plans available, depicting a 42‑unit residential concept (26 one‑bedroom, 16 two‑bedroom).
