Property profile

205 Potomac St Hagerstown, MD 21740

OFF-MARKET
Mixed-use properties
5,445 SF Built 1750
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Property summary

AI-generated overview

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

Verified
Property type Mixed-use properties
Year built 1750
Total area 5,445 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic

Location

205 Potomac St Hagerstown, MD 21740
Hagerstown metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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