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    21 Potomac St Hagerstown, MD 21740

    Sponsored
    For Lease
    Contact for pricing

    988 sq ft, renovated, City Center location.

    Lot size:
    988 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 988-square-foot office space, located on the second floor of the recently renovated Maryland Theatre in Hagerstown's vibrant City Center, presents a unique opportunity for businesses seeking a prestigious address. The space boasts an open floor plan, ideal for collaborative work environments, complemented by a small private office and a convenient storage room. Elevator access ensures easy accessibility. A significant advantage is the immediate adjacency to a shared conference room, accommodating up to 18 people, available for use with advance scheduling at no extra cost. The monthly base rent of $2500 is all-inclusive, covering utilities and NNN expenses such as window washing and exterior trash removal. Tenants are solely responsible for their internet and individual cleaning services. This single-tenant space offers flexibility, with potential for discounted rates on the use of the building's Ballroom or Historic Auditorium, subject to availability and agreement. The property's central location within Hagerstown's City Center provides excellent visibility and accessibility. This is a rare opportunity to establish your business in a landmark building with modern amenities and a rich history. The combination of a renovated space, inclusive rent, and access to shared amenities makes this an attractive option for a variety of businesses.

    Property Features for 21 Potomac St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    988 SF

    Unit(s) available at that property

    Space
    Size
    988 SF

    HighLights

    • 988 sq. ft. single‑tenant office space in Hagerstown's City Center.
    • Located on the 2nd floor of the renovated Maryland Theatre with elevator access.
    • Open floor plan with a small private office and storage room.
    • Includes access to a shared 18‑person conference room (scheduled use, no extra cost).
    • $2,500/month base rent, all utilities and NNN expenses included (excluding internet and tenant cleaning).
    • Potential for discounted Ballroom or Auditorium use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hagerstown Community Concert ... Association / Organization Maryland Symphony Orchestra Orchestra The Maryland Theatre Event Venue Max Payday Loans Loan Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.720791330287
    Latitude
    39.641375078442

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    FAQs

    What type of property is this?
    Office space - 988 sq ft, renovated, City Center location.
    Where is this office space located?
    The property is located at 21 Potomac St Hagerstown, MD.
    What are key features of this property?
    This property features: 988 sq. ft. single-tenant office space in Hagerstown's City Center.; Located on the 2nd floor of the renovated Maryland Theatre with elevator access.; Open floor plan with a small private office and storage room.
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    21 Potomac St Hagerstown, MD 21740
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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
    21 Potomac St Hagerstown, MD 21740
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