Property summary
This stunning, 5,445 sq ft, two-story building, located at 205 S Potomac St in Hagerstown, MD, presents a unique investment opportunity. Listed on the National Register of Historic Places since 1974, the property boasts original 18th-century features including doors, a staircase, and intricate moldings, beautifully blended with modern amenities such as multiple offices, conference rooms, and restrooms. The 11,648 sq ft lot provides ample space, complemented by 12 off-street parking spaces. Currently vacant, this mixed-use property offers flexible RH zoning, allowing for residential, commercial, or a combination of uses. Ideal for professional offices, residential units, event spaces, or studios, this building is situated in Hagerstown's vibrant Arts & Entertainment District, steps from cultural attractions and the new multi-use sports and events facility. The asking price is $420,000, with a price per square foot of $77.13. Built in 1750, this one-unit building presents a rare chance to own a piece of Hagerstown's history while capitalizing on its prime location and versatile zoning. High ceilings, numerous fireplaces, and hardwood floors add to the property's inherent charm and appeal. The property's APN is 2305.
Property profile
VerifiedCap rate & NOI
Current use
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Medical Clinic
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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