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Property profile & analytics

334 Potomac St Hagerstown, MD 21740

  • Individual retail properties
  • 2,400 SF
  • 0.13 lot acres
For Sale
Last Sale
Apr 01, 2025
$295,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US40-0406631
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Individual retail properties

Property Details for 334 Potomac St

Year built
1968
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.13 lot acres
Property size
2,400 SF
Zone code
RO
Property type
Individual retail properties
APN
22-010352
APU
22010352

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $275,000
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $395,000
    MEDICAL BUILDING
    $370,000
    OFFICE BUILDING
    $300,000
    RETAIL STORES
    $210,000
    AUTO REPAIR, GARAGE
    $200,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Hagerstown
County
Washington
State
Maryland
Longitude
-77.7161
Latitude
39.6465
CBSA code
25180
CBSA name
HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,611
$0.00
$0.00
$176,067
-
$46,000
$134,600
$180,600
More about this property
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