Hagerstown, MD Office Spaces for Sale

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Updated: Jul 24

Mixed-Use Building with Offices

382 S CLEVELAND Avenue, Hagerstown, MD 21740

$650,000

5,602 sqft 0.25 AC lot

Mixed‑use building built in 1962 with brick construction, central heating, and window unit(s) cooling
Upper level has 3 residential apartments for immediate rental income
Expansive first floor includes 6 private office/exam rooms, 4 half bathrooms, and a kitchen
Parking lot with 12 parking spaces plus 2 garages
Equipped with a sprinkler system

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This listing looks promising.

Here's a quick look at some key insights for

382 S CLEVELAND Avenue, HAGERSTOWN, MD 21740

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Est. Cap Rate

9%
Above avg (5.9%)
Est. NOI

$59K
Annual
Mortgage

$330K
Apr 2017
Property Type

Residential Income
Built 1962

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Updated: Apr 1

Brick Duplex with Commercial Lower Unit

228 E WASHINGTON Street, Hagerstown, MD 21740

$275,000

2,048 sqft 0.15 AC lot

Well‑maintained solid brick over‑under duplex built in 1895 with off‑street parking
Lower unit designated for commercial use with kitchen and full bathroom; flexible for small business or mixed‑use
Upper unit features a 3‑bedroom, 1‑bath layout with remodeled bathroom and updated flooring
Roof replaced in 2019, new heat pump installed June 2025, and new hot water heater in 2025
Heating and cooling include forced air heat with central air conditioning

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Historic Downtown Redevelopment Building

72 W WASHINGTON Street, Hagerstown, MD 21740

$2,290,000

0.23 AC lot

Seven-story historic commercial building at 72 W Washington Street, offered for adaptive reuse in a CCMU-zoned downtown setting.

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Downtown Hagerstown Commercial Opportunity

35 E WASHINGTON St, Hagerstown, MD 21740

$250,000

7,800 sqft

Versatile commercial space near downtown Hagerstown's amenities.

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Downtown Office Building For Sale

44 N POTOMAC Street, Hagerstown, MD 21740

$2,900,000

0.22 AC lot

Downtown Hagerstown office building offering flexible suite layouts and opportunities for owner-occupancy or income from tenants.

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End-Unit Office Condo

366 MILL Street, Hagerstown, MD 21740

$340,000

Move-in ready end-unit office condo with seven private offices, reception area, and dedicated rear parking.

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Medical Office Condo with Open Layout

11236 ROBINWOOD Drive, Hagerstown, MD 21742

$385,000

Commercial condo fronting a medical corridor with open-concept space, private office, kitchen, and restroom.

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End Unit Office Condo

366 Mill St, Hagerstown, MD 21740

$360,000

1,440 sqft

Move-in ready end unit office condo with seven private offices, reception, flexible workspace, and dedicated rear parking.

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Versatile Mixed-Use Commercial Property

1096 S POTOMAC ST, Hagerstown, MD 21740

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768 sqft 0.42 AC lot

Mixed-use property suitable for various business and residential purposes.

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Medical Office Condo with Kitchen

104-11236 Robinwood Dr, Hagerstown, MD 21742

$385,000

1,379 sqft

Commercial condo featuring an open layout plus private office, kitchen, and restroom along a medical corridor.

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Two-Story Medical/Professional Office Building

645 E 1ST St, Hagerstown, MD 21740

$450,000

4,000 sqft

Spacious, updated 2-story office building ideal for medical or professional use.

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Mixed-Use Corner Building with Offices

382 South Cleveland Avenue, Hagerstown, MD 21740

$650,000

5,602 sqft

Corner property with first-floor office/exam rooms, upper residential apartments, and onsite parking including garages.

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Built-Out Office Suite

17339 VIRGINIA AVENUE, Hagerstown, MD 21740

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1,680 sqft

Built-out office suite with private entrance, reception area, kitchen, bath, and three offices, plus gas heat and CAC.

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Downtown Mixed-Use Redevelopment Opportunity

125 W WASHINGTON St, Hagerstown, MD 21740

$650,000

Four-story mixed-use building in Hagerstown's Arts & Entertainment District.

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Hagerstown Office and Industrial Space

12001 Hopewell Road, Hagerstown, MD 21740

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208,000 sqft

208,000 SqFt office and industrial space for sale.

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Renovated Professional/Medical Office For Sale

140 S Potomac St, Hagerstown, MD 21740

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3,000 sqft

Renovated professional or medical office space with secure parking.

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Mixed-Use Investment in Downtown Hagerstown

101 POTOMAC St, Hagerstown, MD 21740

$925,000

Stabilized 10-unit property with value-add potential in a prime location.

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Hagerstown Commercial Property Value-Add Opportunity

17225 VIRGINIA Ave, Hagerstown, MD 21740

$300,000

BL-zoned commercial property with value-add potential in an established area.

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Hagerstown Commercial Condo For Sale

11236 Robinwood Dr, Hagerstown, MD 21742

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1,379 sqft

1379 sq ft commercial condo in thriving medical corridor.

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Medical Condo in Excellent Condition

330 Mill St, Hagerstown, MD 21740

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2,880 sqft

Well-maintained medical condo with flexible floorplan and ample parking.

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Hagerstown Commercial Dentists Office

11151 ROBINWOOD Dr, Hagerstown, MD 21742

$1,550,000

Commercial dentists office for sale in Hagerstown, Maryland.

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Multi-Use Building Near Meritus Park

100 Summit Ave, Hagerstown, MD 21740

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53,514 sqft

53,500 SF multi-use building near upcoming baseball stadium.

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Renovated Retail/Office Building

401 Center St, Hagerstown, MD 21740

$175,000

Newly renovated building with three rooms, handicap-accessible entry and bath, LED lighting, and food-service ready exhaust setup.

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Multi-Unit Office Building

1021 MOUNT AETNA ROAD, Hagerstown, MD 21740

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Well-maintained office building with three-unit separation and extensive parking, plus a six-car garage.

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Hagerstown, MD Office Spaces Market Trends and Statistics

Explore 72 office spaces for sale in Hagerstown, MD, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 353,380 square feet of properties for sale, with an estimated market value of $12,535,000.

Sale prices for office spaces in Hagerstown, MD start at $175,000, averaging $783,437, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 101K

Population Growth (5Y) +4.0%

Median Household Income $66,959

College Educated 10.5%

High-Yield Neighborhoods for Investment

Identify Hagerstown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
21740	$1M
21742	$1.4M

Taxes & Financing

Tax Rate (average for all types) 0.97%

Property Tax per SF $18.55 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Washington County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Hagerstown fall within the 10,000 to 25,000 square foot range.

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