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Property profile & analytics
FOR SALE
Investment properties

140 S Potomac St Hagerstown, MD 21740

4,248 SF 0.23 ac lot
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US40-2315366
Property summary
AI-generated overview

This exceptional three-story, 4,248 square foot executive office building at 140 S Potomac St, Hagerstown, MD 21740, presents a unique investment opportunity. Built between 1890 and 1900, the property boasts significant historical character while offering modern conveniences. The building is classified as Class B and features three units, each approximately 1,416 square feet, perfect for a variety of professional uses. The asking price is $649,000, translating to $152.78 per square foot. Ample parking is provided with 16 spaces. The property sits on a 0.23-acre lot and is zoned CCMU. Interior features include accessibility modifications such as grab bars and a main-level ramp. Utilities are serviced by public water and sewer, with electric central heating and cooling. A new roof has recently been installed. This fee-simple ownership offers a strong return on investment in a desirable location. The property's combination of historical significance, updated features, and convenient parking makes it an ideal choice for owner-users or investors seeking a high-quality commercial property in Hagerstown's vibrant business district. The APN is 2217011952.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Construction BRICK
Total area 4,248 SF
Lot 0.23 ac (9,840 SF)
Zoning code CCMU
APN 17-011952
UPID US40-2315366
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sam Tooma & Son, Inc. Hardware & Home Improvement
  • Clippers Deluxe Barbershop n Salon Barber Shop
  • Draper & Mcginley, PA Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$60k
Owner & transaction history
Capybara LLC · 13 yrs held
Capybara LLC
since 2013
7 recorded transactions
2013
$105,000
2009
$55,000
2004
Price N/A
2004
$250,000
2004
$350,000
2002
$55,000
1969
Price N/A
Zoning & alternative use
CCMU · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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