401 Ctr St, Hagerstown, MD 21740-5327
This newly renovated 996 sq ft commercial property in Hagerstown, MD, sits on a 0.12-acre lot at 401 Center Street. Previously a convenience store, this adaptable space offers three separate rooms, perfect for various uses including office, retail, or specialized services. Modern amenities include all-new wiring, a handicap-accessible entry and bathroom, a comfort zone wall radiant heater, and a large ceiling fan. The building boasts LED lighting, fresh interior and exterior paint, updated flooring, and a brand-new metal roof and windows. A Knox Box is installed for emergency access. The property also features an exhaust setup for a potential kitchen with a dish drain, making it ideal for food-related businesses. High visibility and flexible layout make this an excellent opportunity for entrepreneurs. Priced at $175,000.
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
RMED · 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.