Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
RO - Residential Office. Relatively high density residential with some office mixed-in district. Usually an area with large old homes converted to apartments or offices (e.g., N. Potomac Street north of Church Street, Ki…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RO · Hagerstown, MDRO - Residential Office. Relatively high density residential with some office mixed-in district. Usually an area with large old homes converted to apartments or offices (e.g., N. Potomac Street north of Church Street, Ki…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
RO - Residential Office. Relatively high density residential with some office mixed-in district. Usually an area with large old homes converted to apartments or offices (e.g., N. Potomac Street north of Church Street, Ki…
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