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    1181 Maryland Ave Hagerstown, MD 21740

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    For Lease
    Contact for pricing

    15,000 SF Retail Space - Prime Location

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 15,000 square foot retail space is ideally situated in the South End Shopping Center in Washington County. Currently vacant and available for lease, this single-tenant property offers unparalleled visibility and accessibility. The center boasts a strong tenant mix, including Save-a-Lot, Planet Fitness, Joann Fabrics, Dollar General, Aaron's, Goodwill, Plato's Closet, and Five Below, ensuring high foot traffic and a vibrant shopping environment. Its strategic location directly across from South Hagerstown High School and just north of the Hagerstown Premium Outlets guarantees significant exposure to a large customer base. The property benefits from convenient access to major transportation arteries, I-70 and I-81, facilitating easy commutes for both employees and customers. Furthermore, its proximity to Historic Downtown Hagerstown (within 2 miles) provides access to a wealth of amenities and services. The surrounding area is anchored by a robust selection of national retailers, including Target, Kohl's, Regal Cinemas, CVS, Sam's Club, Michaels, Ross, Big Lots, Walmart, and Lowe's Home Improvement, creating a thriving retail ecosystem. This property presents a unique opportunity for businesses seeking a high-traffic, well-located retail space in a thriving commercial area. The entire 15,000 square feet is available for lease.

    Property Features for 1181 Maryland Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    15,000 SF

    HighLights

    • 15,000 SF retail space available for lease in Washington County.
    • Excellent visibility across from South Hagerstown High School, near Hagerstown Premium Outlets.
    • Easy access to I‑70 and I‑81.
    • Located 2 miles from Historic Downtown Hagerstown.
    • Strong co‑tenancy with Save‑a‑Lot, Planet Fitness, and other national retailers.
    • Proximity to Target, Kohl's, and other major retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Aaron's Rent To Own Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.7362494
    Latitude
    39.6218188

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    FAQs

    What type of property is this?
    Individual retail property - 15,000 SF Retail Space - Prime Location
    Where is this individual retail property located?
    The property is located at 1181 Maryland Ave Hagerstown, MD.
    What are key features of this property?
    This property features: 15,000 SF retail space available for lease in Washington County.; Excellent visibility across from South Hagerstown High School, near Hagerstown Premium Outlets.; Easy access to I-70 and I-81.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1181 Maryland Ave Hagerstown, MD 21740
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