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Property profile & analytics
OFF-MARKET
Individual retail properties

334 Potomac St Hagerstown, MD 21740-3820

2,400 SF 0.13 ac lot Built 1968
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US40-0406631
Property summary
AI-generated overview

This versatile 2,400 square foot mixed-use property at 334 N Potomac Street, Hagerstown, MD, presents a unique investment opportunity. Situated on a 0.13-acre lot, this building offers a blend of commercial and potential residential uses. Previously operating as a laundromat, the property includes all existing laundry equipment as part of the sale, making it an ideal turnkey operation for a new owner. The main level boasts a spacious laundromat area and a separate office suite complete with a private entrance and bathroom. This provides flexibility for a variety of uses, allowing for both front-of-house operations and private office space. The lower level, easily accessible via a rear alley, features ample parking, a convenient roll-up door, and a large open area currently utilized for storage. This lower level space offers significant potential for expansion, additional storage, or even conversion into a separate commercial unit. The property's central Hagerstown location ensures high visibility and accessibility, making it an attractive proposition for a wide range of businesses. The asking price is $350,000. This property is ready for immediate occupancy and offers a compelling opportunity for both established businesses and entrepreneurs seeking a prime location to launch their ventures. Don't miss this chance to acquire a well-positioned commercial property in a thriving Maryland city.

Property profile
Verified
Property type Individual retail properties
Use group LAUNDROMAT (SELF-SERVICE)
Year built 1968
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 0.13 ac (5,760 SF)
Zoning code RO
APN 22-010352
UPID US40-0406631
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Yemtos Produce Multinational Compan · 1 yrs held
Yemtos Produce Multinational Compan
since 2025
Last sale
$295,000
3 recorded transactions
2025
$295,000
2024
$255,000
2024
Price N/A
Zoning & alternative use
RO · Hagerstown, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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