Property summary
This exceptional 10,121 square foot mixed-use commercial property at 640 Frederick Street, Hagerstown, MD, presents a lucrative investment opportunity. Situated on a 0.36-acre lot, this building offers substantial space ideal for a variety of uses, including offices, retail, warehouse, or even a school. The property features ample workspace, private offices, and extensive storage areas. Large front windows are perfect for showroom displays. Its convenient location directly across from an apartment complex ensures high visibility and foot traffic. The property boasts handicap accessibility, separate gas and electric meters, and plentiful parking both in front and in the rear. Enjoy the benefits of moderate traffic and commerce in a desirable area, promising a strong return on investment. Its proximity to Hager Park, Staley Park, and Potterfield Pool adds to its appeal, while its 12-minute distance from Hagerstown Regional Airport and easy access to major roadways provide excellent connectivity. This versatile building is a prime addition to any investment portfolio. The asking price is $209,900.
Property profile
VerifiedCap rate & NOI
Current use
-
Home Health Care Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of this zoning district is to provide locations for businesses of a general nature to serve the community.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CG · Hagerstown, MDThe purpose of this zoning district is to provide locations for businesses of a general nature to serve the community.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of this zoning district is to provide locations for businesses of a general nature to serve the community.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CG in Hagerstown, MD.
Registration is required before the official district profile is shown.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.