140 S Potomac St Hagerstown, MD 21740
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.
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Sam Tooma & Son, Inc. Hardware & Home Improvement
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Clippers Deluxe Barbershop n Salon Barber Shop
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Draper & Mcginley, PA Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CCMU · Hagerstown, MDCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.