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    900 Washington St Hagerstown, MD 21740

    Sponsored
    For Sale
    Contact for pricing

    Three established laundromats, turnkey operation.

    Property size:
    800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity features three established, turnkey laundromat businesses in Hagerstown, Maryland. All three locations are included in the sale, offering a rare chance to acquire a portfolio of profitable, existing businesses. The properties are located at 900 W. Washington St, 812 S. Potomac St, and 145 W. Church St, within Washington County, zip code 21740. The combined square footage across the three buildings totals between 800 and 4,000 square feet. Each laundromat is a fully operational business, ready for immediate ownership. While the seller prefers a package sale of all three locations, individual sales may be considered. This presents a unique opportunity for an investor seeking a stable, income-generating portfolio or an entrepreneur looking to expand their business holdings in a thriving market. The properties are fee simple ownership, providing complete control and long-term potential. Further details and additional photos are available upon request. This is a truly exceptional opportunity not to be missed.

    Property Features for 900 Washington St

    General Information

    Property type
    Individual retail properties
    Square Feet
    800 SF

    Building Details

    Buildings
    3

    HighLights

    • Triple‑net‑leased locations with existing tenants in place.
    • Excellent central location.
    • Real estate included in the sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Giant Washers Laundromat Family Laundry Laundromat

    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
    -77.7365571
    Latitude
    39.6476387

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    FAQs

    What type of property is this?
    Individual retail property - Three established laundromats, turnkey operation.
    Where is this individual retail property located?
    The property is located at 900 Washington St Hagerstown, MD.
    What are key features of this property?
    This property features: Triple-net-leased locations with existing tenants in place.; Excellent central location.; Real estate included in the sale.
    Request Owner's contact information
    900 Washington St Hagerstown, MD 21740
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    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
    900 Washington St Hagerstown, MD 21740
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