Property profile

900 Washington St Hagerstown, MD 21740

OFF-MARKET
Specialty properties
Property ID
US40-0771112
800 SF
Entity Owned 5-yr Hold
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Property summary

AI-generated overview

This exceptional investment opportunity features three established, turnkey laundromat businesses in Hagerstown, Maryland. All three locations are included in the sale, offering a rare chance to acquire a portfolio of profitable, existing businesses. The properties are located at 900 W. Washington St, 812 S. Potomac St, and 145 W. Church St, within Washington County, zip code 21740. The combined square footage across the three buildings totals between 800 and 4,000 square feet. Each laundromat is a fully operational business, ready for immediate ownership. While the seller prefers a package sale of all three locations, individual sales may be considered. This presents a unique opportunity for an investor seeking a stable, income-generating portfolio or an entrepreneur looking to expand their business holdings in a thriving market. The properties are fee simple ownership, providing complete control and long-term potential. Further details and additional photos are available upon request. This is a truly exceptional opportunity not to be missed.

Property profile

Verified
Property type Specialty properties
Total area 800 SF
UPID US40-0771112

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store

Location

900 Washington St Hagerstown, MD 21740
Hagerstown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2021
2 recorded transactions
2021
$284,000
2019
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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