21 Potomac St Hagerstown, MD 21740-5512
This exceptional 988-square-foot office space, located on the second floor of the recently renovated Maryland Theatre in Hagerstown's vibrant City Center, presents a unique opportunity for businesses seeking a prestigious address. The space boasts an open floor plan, ideal for collaborative work environments, complemented by a small private office and a convenient storage room. Elevator access ensures easy accessibility. A significant advantage is the immediate adjacency to a shared conference room, accommodating up to 18 people, available for use with advance scheduling at no extra cost. The monthly base rent of $2500 is all-inclusive, covering utilities and NNN expenses such as window washing and exterior trash removal. Tenants are solely responsible for their internet and individual cleaning services. This single-tenant space offers flexibility, with potential for discounted rates on the use of the building's Ballroom or Historic Auditorium, subject to availability and agreement. The property's central location within Hagerstown's City Center provides excellent visibility and accessibility. This is a rare opportunity to establish your business in a landmark building with modern amenities and a rich history. The combination of a renovated space, inclusive rent, and access to shared amenities makes this an attractive option for a variety of businesses.
-
Hagerstown Community Concert Association Association / Organization
-
Maryland Symphony Orchestra Theater & Performing Art Venue Music Venue
-
The Maryland Theatre Hotel & Motel Resort
-
Max Payday Loans Loan Service
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, MDHagerstown. Always verify with local authorities before improvements.
Costs & 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.