Hagerstown MD Real Estate & Homes For Sale

Price to Sell! 7.5% CAP Rate Newly Renovated and Ready for Occupancy Welcome to 41 E Franklin St, a fully renovated 5-unit apartment building located in the heart of Hagerstown, MD! This property has undergone a complete transformation and is now ready to generate solid returns for its next owner. With recent renovations and upgrades throughout, it's move-in ready for tenants and offers excellent cash flow potential with a projected gross income of $5,200 per month. Property Highlights: Newly Renovated: All five units have been meticulously updated with modern finishes, ensuring long-term tenant satisfaction and minimal maintenance for the new owner, including: *Granite Countertops: Each unit boasts beautiful new granite countertops, adding a touch of luxury to the kitchen spaces and plenty of counter space. *New Appliances: New appliances have been installed in each unit, providing modern conveniences and energy efficiency. *New Cabinets: The kitchens have been outfitted with new cabinetry, offering ample storage and a fresh, updated look. *Updated plumbing and electrical: The property features two newly installed water heaters, 5 new overflow tanks for all water heaters, ensuring consistent hot water supply across all units with minimal future maintenance. New shower diverters, new radiator valves, the electrical has been updated where needed, including new fixtures with energy-efficient lighting installed throughout the property, including all units and common areas. New electrical lines on exterior of building where needed. *Freshly Painted: Both the interiors of the units and common areas have been freshly painted, along with exterior painting, giving the entire building a clean, inviting appearance brought to its original charm. *Deck Improvements: Outdoor deck spaces have been upgraded, providing tenants with functional and appealing outdoor areas. Turnkey Investment: Current owners have started lease-up and can deliver the property fully occupied. With recent renovations complete, you will have minimal maintenance expenses anticipated. Code Compliant: This property is fully up to code, ensuring peace of mind for the new owner, including new Rental Licenses and Lead Certificates: Lead certificates. Financials: Projected Gross Income is $5,200 per month, making this property a solid income generator from day one. Priced to sell quickly at a 7.5% CAP rate, this property offers a great return on investment in the growing Hagerstown market. This is a fantastic opportunity to own a fully renovated, income-producing asset in an emerging area. With all the hard work already done'new finishes, updated systems, and compliance ensured'41 E Franklin is primed for immediate occupancy and cash flow. Don't miss out'this property won't last long at this CAP rate and level of renovation! Contact us today for more information or to schedule a private showing.

Welcome to 825 W Washington St! Located close to the interstate, the possibilities are endless on this property for additional income or the future home for your business. Front entrance welcomes you to 3 private entrances all w/ their own lock and mailbox. Both have heat and air. Side walkway entrance has 2 more private offices. Oversized upper level room 34' x 72' 'has 2 private rooms. One was used as an office and the other was a dressing room w/ 2 shower stalls and 1/2 bath to make it perfect for those vigorous activities. Upper level has its own heat & electrical panel. Warehouse in back of main offices is constructed of block and has a full workshop w/ full bath and brand new water heater. Main warehouse is 50' x 38' w/ 12 1/2' ceilings. Divided in half with several rooms for storage and office space w/ 2 separate entrances. Two dock doors, 18' x 12' , is the large overhead door for easy access for Trucks and another dock door for loading and unloading is perfect height for trucks to back up.

Investment Opportunity: 6-Unit Income-Producing Property, Enhance your portfolio with this exceptional investment featuring three separate duplexes, offering a total of six rental units: Unit Breakdown: 4 Two-Bedroom Units,2 One-Bedroom Units. Amenities: Onsite coin-operated shared laundry in the basement (133). Each unit is deeded and metered separately for maximum efficiency. MDE registered,Modern features including LVP flooring and vinyl windows. Landlord pays water, sewer, and trash (WST). Showings: Three units are currently available for viewing. Additional units will be open once under contract. Don't miss this chance to add a well-maintained, income-generating property to your investment portfolio!

Discover a prime investment in this fully occupied 6-unit apartment building, generating $7,360 per month with low operating costs. Recently renovated, this property features three spacious 2-bedroom units and three large 1-bedroom units, all on a RUBS system, making tenants responsible for their utilities. Situated near downtown Hagerstown, tenants enjoy easy access to all amenities, complemented by a large private parking lot at the rear. This is a seamless, hassle-free investment'simply step in and start managing.

This versatile commercial property includes a laundromat, a separate storefront/office space, and a lower unit with endless potential. The laundromat comes with all equipment included, making it ideal for continuing the existing business or exploring new opportunities. The lower unit, featuring a garage door, is perfect for storage or could be adapted for additional business use. With ample parking, this property offers a range of possibilities for entrepreneurs and investors alike.

This 6 unit apartment building located in Hagerstown, MD is a fantastic opportunity to build equity and generate immediate cash flow! This property has 8 mini storage units in the rear of the property as well that are all currently rented, making for tremendous additional cash flow. Tenant rent has not been increased in many years, and are all below comparable rental rates. All leases are presently month to month. 2 units will be occupied and 4 will be vacant. Renovations have been made to 1 of the vacant units. Landlord pays water & heat for all units. Property has 7 separate electric meters - 6 separate meters for each unit and 1 meter for the storage units. Each tenant pays own electric, cable, and internet. Off street parking lot in back.

Great High traffic volume location. Main travel route. Close to I-81. Commercial areas in all directions. The property was most recently used as a Showroom and warehouse. With just over two acres of land and a 19,000 sq. ft. building the uses are endless. With 2 loading dock doors at standard dock height, Low pick-up and cube van loading dock. Showroom area, Multiple offices including executive offices and conference room. Multiple public and private bathrooms. One bath with private shower. So much potential for so many types of businesses. Come check it out and see if this property is the right fit. Right in front of Volvo Truck Manufacturing Plant

NEW PRICE!!! CAR WASH OR PURCHASE FOR THE PAD SITE!!! Located at one of the most traveled locations in Washington County. This Property is just off Interstate 70 and surrounded buy all sorts of Chain Restaurants, Gas Stations, a Walmart and all of the High traffic volume any business could hope for. The Car Wash Has State of the Art Automatic Soft Touch and Touch Free bays plus 4 Manual Wash Bays. The Soft Touch and Touch Free bays have automatic doors, heated bays and heated concrete for Winter cold weather. The manual bays have heated concrete as well for winter months. All of this works automatically when the temperature drops close to freezing. All systems can be controlled remotely from home or office. The owner sells memberships that creates a continuous residual income. Don't miss this opportunity. Check out the photos and call for any other details or questions you may have.

Historic Elliott-Bester House: Prime Downtown Location Welcome to the Elliott-Bester House, a captivating historic gem located in the heart of the vibrant Arts & Entertainment District. This all-brick corner building, with a total square footage of 8,276 sq ft and 5,445 sq ft of finished space, offers a unique blend of period charm and modern conveniences, making it perfect for both residential and commercial use. Situated just steps away from the bustling Arts & Entertainment District and the brand new Hagerstown Multi'Use Sports and Events Facility, the Elliott-Bester House boasts a prime downtown location that is hard to beat. The historic charm of this property is evident in its 18th-century doors, original staircase, and intricate moldings, which seamlessly blend with modern amenities. Inside, you will find multiple offices, conference rooms, and restrooms, all designed to cater to various professional needs. The versatility of this property is one of its standout features. It is ideal for professional offices, residential units, event spaces, or studios, providing a range of possibilities for potential buyers. Zoned RH, the Elliott-Bester House offers the flexibility to live and work in the same space or create multiple separate units, depending on your vision. Parking will never be an issue with this property, as it includes off-street paved parking for up to 12 vehicles. This 2-story property, listed on the National Register of Historic Places since 1974, showcases timeless elegance with high ceilings, numerous fireplaces, hardwood floors, and period woodwork. The opportunities here are endless'bring your vision to life in this distinguished

The Barn at the View is a multi-use property. Advantageously located near I81, Hagerstown Airport, and State Line, this refurbished, 3-story bank barn offers so much potential. Character, charm and hints of modern convenience merge to make this an attractive palette for the business opportunity of your choice. Currently used to house a community market, the setting also allows for additional income from the 1 Bedroom Cottage, 2 Bedroom townhome, and caterer's kitchen.

Discover a Prime Investment Opportunity in the Healthcare Sector Unlock the potential of this well-maintained property, perfect for your next successful venture. Contact us today to schedule a viewing or to learn more about this exceptional offer. This 45-bed vacant nursing home facility is truly a rare find. Are you searching for an investment with limitless possibilities? Look no further. This commercial property, formerly an assisted living facility, boasts over 13,000 square feet of space on a generous 2.37-acre lot. Ideally located just minutes from Interstates 70 and 81, it is perfectly positioned for various commercial uses. Key Features: - Size: 13,291 square feet of all-brick construction - Land Area: 2.37 acres - Zoning: RB-E, suitable for multiple uses including Nursing Home, Assisted Living, Adult/Child Day Care, and Private School - No City Taxes: Benefit from the strategic location without the burden of city taxes Don't Miss This Golden Opportunity The healthcare sector is one of the fastest-growing and most profitable fields today. Seize this chance to establish your own healthcare facility or explore other commercial ventures. This property offers endless possibilities for savvy investors. Reach out now to take the first step towards transforming this exceptional property into your next successful enterprise.

Circa 1900! Prime time location with 10+ off street parking spaces in walking distance to the court house. This is a completely remodeled office space and is ready for you to take your business to the next level. Use this location to drive up sales. Thousands of cars drive past here every day. Its time for your sign to hang on Washington St. Get in now before the new stadium in Downtown Hagerstown opens bringing in investors from all over the world.

THIS IS 36-40 N. POTOMAC STREET. MIXED USED COMMERCIAL BUILDING FOR SALE! 4 Updated residential apartments, 2 commercial spaces ALL FULLY RENTED. Tenants all pay on time. Brand new A/C in one unit. Very Good Condition, 12 parking spaces in rear of building which connects to city parking. See attached document for income/expense details. Call Alice to schedule a tour.

REDUCED! - Ideal for trucking business uses. Ample hard surface vehicle storage on the 2.7 acres . Heavy-duty truck garage, joined together with a shop facility. - Formerly a concrete/gravel plant. - Excellent location at the edge of Hagerstown's Downtown District. Land surface is almost totally concreted over. Long road frontage, 2 point of access. Owner is selling in "As Is, Where Is" conditon; this condition includes on the property - any and all former cement plant metal equipment & production structures located on premises. - Excellent access to I-81 & I-70 & Hagerstown'a Henson Airport. -- NOTE: Proposed Deed Covenants & Restrictions against any land use for a concrete/gravel plant are to be placed in the deed of conveyance, for 25 year term. Zoning Classification: "IR" (Industrial Restricted).

So many possibilities for this 5600 square foot open space! Most recently used as a church, this space is ready to host large gatherings or can be partitioned off for smaller offices. Two offices exist at the front entrance of the building. There are 2 existing public bathrooms on the main level. Parking is available on the street, 3 to 4 spots behind the building, as well as a nearby parking garage. Basement is mostly unfinished space for storage, but was also used as a gathering hall for community meals. There is a full kitchen and full bath for visitors, as well as a walk out exit to the back of the property.

2000 square-foot commercial space that includes four exam rooms, two offices and two baths. Available now. Condo association fee is $2000 a year which includes lawn, maintenance, snow, removal, water, sewer, and trash. Call Alice for details and to schedule a showing

Within the Hagerstown City limits, as well as inside an Opportunity Zone, this extraordinary property has been well cared for and set up for success by the current owners. This 10 unit property includes 2 commercial spaces, and 8 apartments. There are a total of 5 - 2 bedroom/ 1 bath units and 3 - 1 bedroom/1 bath units. Three of the units were completely renovated including new electric wiring, spray foam insulation, and either an HVAC system or baseboard heat with AC. All other units were renovated in smaller ways including repainting, rewiring, reflooring, replacing cabinetry or appliances. All units are separately metered. Both interior and exterior work on the building has been extensive. Full roof replacement completed this summer. The back deck and side railings have been updated, bringing railings up to current code and miles of old wiring on the building was removed in preparation for potentially repainting the building. All tenants are long term tenants, and several families have asked to return after renovations were completed, only to have the property rented out to someone else from the building. Serious inquires only.

Discover the perfect investment opportunity with this commercially zoned mixed-use property. The first floor features a well-maintained office/flex space, currently leased to long-term tenants, providing a steady rental income. Upstairs, is a renovated 3-bedroom apartment with separate entrance, offering lucrative rental potential of $1200+ per month. Whether you're seeking passive income or looking to expand your portfolio, this property promises both stability and growth in a prime location and diverse rental options.

Former CPA office now available. Be part of the newly revitalizing downtown entertainment zone. Great location with ample parking for multiple types of businesses.

TROPHY OFFICE BUILDING. Premier Office Building. High quality brick construction, interior amenities galore. Prior use was retina eye specialty. -- Corporate office uses as well. -- Incomparable medical facility in top location - near Meritus Hospital. Ideal for Medical Speciialties -- or Corporate/Business Office Facility. Immediate possession available upon closing

This is a 7 units apartment complex. Six of the units are rented with long-term renters. Additional shed on property with workshop. Each unit has its own dedicated hot water heater and electric meter. Parking on site. Please contact the listing agent, Heather Bonillas, for more detailed information

Car sales lot/service station located immediately off I-81. Building is 2,000+ square feet, 2-bay garage with 2 offices, waiting area, kitchen area and restroom, plus additional storage rooms. Additional storage buildings also on lot. Room for 30+ cars. Easily accessible and sits directly across from I-81 North on-ramp off Salem Avenue. Great location for auto sales, convenience store, towing company, etc. Zoned CG. For questions, please contact listing agent.

Discover unparalleled business potential with this exceptional commercial property located at 1938 Dual Hwy, Hagerstown, MD. Boasting a strategic location, this property is a rare opportunity for entrepreneurs and investors alike. Key Features: Strategically positioned on the bustling Dual Highway High visibility and traffic count for maximum exposure Versatile space suitable for various business types Over 2,000 sq. feet of usable commercial space Ample parking for customers and clients Additional Highlights: Proximity to major highways and transportation hubs Surrounded by National Credit Tenants including Dunkin Donuts, Five Guys, Dollar General, Target, CVS and FedEx, among others. Nice facilities and infrastructure for seamless operations Ideal for: Retail establishments Office spaces Medical practices Service-oriented businesses Seize the opportunity to elevate your business to new heights. Contact us today to schedule a viewing and explore the endless possibilities that await at 1938 Dual Hwy. Please check zoning for specific uses.

Rush to own before stadium traffic picks up. Flat leveled paved lot, access to public water/sewer and existing storm water management. Access to utilities (ACTV ISP, Electric). Convenient to I-81 I-70, Meritus & Robinwood Medical Center. Hagerstown's business/medical corridors with upcoming innovative business (medical college, amazon). End-users build to suit commercial on 1.36 acres lot or investment. Zoned Commercial-General / Professional Office Mix (CG/POM), offering a wide variety of uses, that may include professional office, medical, bank, restaurant, retail and more. Imagine and built to suit.

This 1.09 acre pad site with drive-through potential is on one of Hagerstown's busiest corridors. In 2023, Professional Drive was expanded providing direct access to Meritus Medical Center, Hagerstown Community College and the under construction, Meritus School of Osteopathic Medicine. Travel time is less than 5 minutes. Ideal for medical services, retail, restaurant and more. Site is five miles to 1-70. Rough grade, access to public water and sewer, existing stormwater Management, and a flat level pad site. Desirable Commercial ' General zoning. Excellent visibility for end user or investment.