The median home value in Hagerstown, MD is $292,450.
This is
higher than
the county median home value of $235,000.
The national median home value is $308,980.
The average price of homes sold in Hagerstown, MD is $292,450.
Approximately 42% of Hagerstown homes are owned,
compared to 47% rented, while
12% are vacant.
Hagerstown real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Hagerstown real estate agent to arrange a tour
today!
Learn more about Hagerstown Real Estate.
Commercial Opportunity with Endless Potential! Welcome to this newly renovated commercial property, offering a prime space for your business dreams! Once back in the day it was operated as Gossardâ??s Convenience Store, this versatile building is ready for its next chapter. Whether youâ??re envisioning an office, retail storefront, or specialty service, this property is designed to meet your needs. Key Features: Flexible Layout: Three separate rooms provide ample space for customization, perfect for a variety of uses including office, retail, or specialized services. Modern Amenities: All-new wiring from the pole into the building and throughout ensures safety and reliability for todayâ??s business demands. Comfort & Accessibility: Handicap-accessible entry and bathroom, comfort zone wall radiant heater, and a large ceiling fan enhance the customer and employee experience. Bright & Functional: LED lights throughout, freshly painted walls inside and out, and a sleek, modern vibe create an inviting atmosphere. Ready for Culinary Ventures: Exhaust setup for a potential kitchen with dish drain make this ideal for a catering or restaurant business. Durable & Secure: Brand-new metal roof, all-new windows, and freshly updated flooring provide peace of mind for years to come. Knox Box for emergency entry. Possible Uses: Office space for business or professional use, Catering and off-site delivery operations, Storage and warehousing, Restaurant or food service, Dry cleaning or laundry services, Salon, piercing studio, or dog grooming, Retail or wholesale space With its high-visibility location, fresh upgrades, and flexibility, this property is a blank canvas for your entrepreneurial vision. Donâ??t miss this opportunity to secure a space thatâ??s as ready to work as you are! Schedule a tour today and take the first step toward making your business a reality!
This turnkey investment is truly a must-see! The seller is open to financing a portion of the loan, making it even more accessible. This fully operational laundromat featuring 18 washing machines and 17 clothes dryers, consistently generating a stable income. The property also includes a check-cashing business and a convenience store, offering multiple revenue streams. With over 15 parking spaces. Recent upgrades include a brand-new roof, new plumbing, and a freshly painted, with the parking lot set for upgrades and repainting soon. Donâ??t miss outâ??schedule your showing today!
Welcome to a timeless multi-family community that blends mid-century character with modern enhancements. Built in 1954, on a 4.414 acres lot. this vintage complex comprises 66 thoughtfully designed units: 19 one-bedroom and 47 two-bedroom apartments, plus one additional unit allocated for office use (not included in the residential analysis). Each residential unit is equipped with a full bathroom featuring a tub with shower, sink, and toilet, all complemented by ceramic tile flooring. Fixtures have been updated on an as-needed basis, ensuring comfort and functionality. The property features two large buildings, divided into nine distinct sections with unique rooflines and entrances, adding architectural charm best appreciated from an aerial view. A central foyer, stairwell, and common corridor on each floor enhance accessibility, while laundry facilities on the basement level add convenience. The grounds include a paved parking area with 46 designated spaces and a state-of-the-art 24-hour video monitoring system, ensuring tenant security. Situated in a vibrant yet serene community, the location is second to none. The property is near the Longmeadow Shopping Center, anchored by the Amish Market, and Stone House Square, featuring big-box anchors like Loweâ??s and Weis. Both retail hubs are within walking distance and flank SR 60, north of Northern Avenue. Nearby, the prestigious Fountain Head Country Clubâ??established in 1924â??adds a touch of opulence to the area with its golf course winding through an enclave of upper-bracket homes. Across the highway lies a newer office facility hosting JLG Industries, an expansion of the office sector in the north end. Proposed development plans include utilizing two acres of land fronting Northern Avenue for two potential commercial pads, further enhancing the areaâ??s growth prospects. The property's proximity to these amenities and its strategic position north of Hagerstown's city limits, characterized by modern subdivision-style developments, add to its appeal. Since acquisition in 2017, over $1.5 million has been invested in updates, including freshly painted units, refinished hardwood floors, new light fixtures, and upgraded kitchen flooring. Common areas have been revitalized with modern touches, from the foyer and stairwells to the laundry facilities. The central boiler, replaced in 2012, provides efficient gas heating for the entire complex, while tenants independently manage air conditioning via window units. With tenants paying their own utilities through a Ratio Utility Billing System (RUBS), this property offers an attractive value-add opportunity. A proactive leasing strategy has significantly reduced vacancies, positioning the property as a desirable and profitable asset. Schedule a private tour today to explore this unique blend of vintage charm, modern amenities, and prime location. Donâ??t miss out on this exceptional investment opportunity.
District Provision & Supply Company, formally known as "The Plum" is ready for new owners! This absolutely stunning space gives you over 2,400 sqft for operations, including a large entry room with a custom built bar and plenty of space for additional seating, a formal dining room which sits comfortably below a 2-tier loft area which is perfect for parties and special occasions, a fenced in 30x10 outdoor patio seating area, 2 separate restrooms, 2 kitchen/prep spaces, an additional storage area for supplies and 4 designated parking spots. The business is being sold with the equipment and furnishings. This includes, but is not limited to, custom furnishings by Beachley, indoor and outdoor tables and chairs, the kitchen equipment and the glassware and dish ware. The liquor license allowed for sales to patrons dining in, and also for to-go beer and wine sales. Over the last 3 years the owner has made the following improvements and upgrades to the business and commercial space: new paint, new flooring, new lighting, new furnishings and new kitchen equipment. Located just beside the Maryland Theatre and just a block away from the new Meritus Park, there is so much potential with the history of this business, it's desirable location and beautiful architecture, and what seems to be a strong desire from the community to see this restaurant come back to life! Utilize the outdoor patio seating for those warm summer nights, throw parties or host special occasions in the 2-tier loft area with glass railings and exposed interior brick accents, or even run promos that coordinate with events at the Maryland Theatre and with the Hagerstown Flying Boxcars at the nearby stadium to bring in more business! The possibilities are endless, and the community is ready for this business to be back and operational. Start off 2025 as the new owner of District Provision & Supply Company!
This offering presents a rare opportunity to acquire a fully upgraded, turn-key assisted living facility designed with modern, energy-efficient systems and resident-centric amenities. Situated on a tranquil 3.35-acre lot, this property provides a comfortable environment tailored for high-quality senior care and is ideally located near essential services and major highways. The facility is currently approved to accommodate up to 9 residents via special exception. Significant capital improvements, totaling approximately $700,000, have prepared this facility for immediate occupancy and ongoing operational success. These upgrades include all-new electric systems with a 400-amp service, updated plumbing, a new HVAC and ductwork system with central A/C, heating, and steam humidity control, and a septic system approved valued at $70,000.
This 1961 mobile home sits on a prime .39-acre lot zoned Highway Interchange (HI), offering versatile commercial development potential. The property includes a mobile home with a large addition, featuring 3 bedrooms, 1 full bathroom, a living room, kitchen, sunroom, and a basement. Located just minutes from I-70 and near Hagerstown Premium Outlets, this site offers excellent accessibility for a variety of business uses. Please note, this property is not eligible for conventional residential financing. Donât miss this unique opportunity!
Exceptional Investment Opportunity! Currently generating over $6,650 in monthly rental income with room to reach market rates, this fully-occupied, all-brick multi-family property near downtown Hagerstown is a solid asset for any portfolio. The building features six spacious units, approximately 700 sq ft each, with separate electric meters, making utilities tenant-responsible for simplified management. Constructed with a durable brick and masonry foundation and outfitted with new replacement windows for improved energy efficiency, generously-sized units designed to offer ample living space and privacy. Situated in a thriving, mixed-use neighborhood, the property is surrounded by a blend of residential and commercial establishments, appealing to both local and out-of-town investors who are actively revitalizing similar buildings in the area. Bonus Opportunity: Expand your investment with an additional six-unit property from the same seller, maximizing income potential in this high-demand area. Located at the entrance to Hagerstownâ??s arts and entertainment district, this turnkey property promises strong rental appeal and secure, long-term returns. Donâ??t miss this chance to acquire a low-maintenance, high-potential property in a prime location!
11% CAP RATE , THIS PROPERTY IS AN INCOME PRODUCER. GREAT LOCATION AND PARKING. BOTH APARTMENTS ARE NEWLY RENOVATED AND FULLY LEASED. POTENTIAL FOR FUTURE INCOME AS WELL. 24 -48 NOTICE TO SHOW, LISTING AGENT WILL ACCOMPANY SHOWINGS! COMMERICAL LEASE WITH OPTIONS TO RENEW WITH A LONG TERM TENANT. CALL FOR DETAILS!
BUSINESS ONLY, TURN KEY OPERATION, WELL KNOWN AUTO SERVICE CENTER CLIENT LIST, 6 LARGE OVERHEAD DOORS, 5 LIFTS, COMPLETE INVENTORY LIST UPON REQUEST. MONTHLY LEASE OF $2,000.00
Nestled in the heart of Hagerstown, the all-brick, 4-story Block Enterprises building offers a prime opportunity with over 22,000 sq ft of versatile space on a 1.01-acre lot, zoned for Industrial use and conveniently situated next to Steffey & Findlay. This property, featuring two loading docks, is ideally suited for a variety of purposes including storage, warehouse, light industrial uses, office space, or as a lucrative investment. The building accommodates a range of space needs, from single rooms and offices to large open areas, making it perfect for both small businesses and large corporations. It is equipped with comprehensive safety and accessibility features, such as 36"+ wide halls, a brand new elevator (currently under construction), exterior cameras, a main entrance lock, monitored security, motion detectors, smoke detectors, and an indoor sprinkler system. The third floor, with its 26.5-foot ceiling heights, shared men's and women's bathrooms, and two water fountains, adds to the convenience for all users. Recently upgraded with a new HVAC system, water heaters, windows, and fresh paint, the building is in very good condition. Spanning 16,000+ sq ft across above ground levels of brick/stone construction, the fully rented finished areas, along with additional spaces ready for build-out, present a significant opportunity for increased rental income. Additional amenities include a new fire escape, overhead doors, conveyors, fencing, and blacktop, all offered at an exceptional price of $1,100,000. This prime commercial real estate is not only flexible and manufacturing-friendly but also perfectly suited for professional offices, warehouses, or creative spaces like a dance studio. With the airport less than 10 miles away and a bus stop less than 1 mile, the location ensures convenient transportation options for any business. The property offers endless potential with a wide range of possible uses, further enhanced by the upcoming addition of a brand new elevator. Strategically positioned within two miles of the new Amazon Fulfillment Center, Lowe's Home Improvement, and other key commercial hubs, this property ensures unparalleled access to major retail and distribution networks, marking it as a standout opportunity in Hagerstown.
5 Rental Units. Main building 1st floor unit 1-1/2 baths 2-3 Bedrooms washer and dryer hook ups. 2nd floor unit 1-1/2 bath 3-4 bedrooms washer and dryer hook ups. 3rd floor unit 1-1/2 baths 3-4 bedrooms Washer and Dryer hook ups. 2 unit building, both have 2 full baths 3 bedrooms washer and dryer hook ups. Lots of private off-street parking and units are fully rented. All tenants at this time are month to month. All good long term tenants. All tenants have been there 5 years or more. All units registered with the city and are lead safe. Viewing the units may take some effort as the tenants all have different work schedules. Don't miss this opportunity. It may not last long.
DEVELOPMENT OPPORTUNITY. Building Lot ONLY. Highly visible site located on Robinwood Dr, Hagerstown, MD. Site is sandwiched between the expanding Meritus Medical Campus as well as the Hagerstown Community College and surrounded by various residential neighborhoods. The site consists of 1.2 acres and currently has a PUD overlay for zoning. Buyer to conduct their own Due Diligence. Call for more details
* Be the new owner of SCALP2SOLE BEAUTY* *Beauty Supply Store for Sale in Hagerstown, MD!* Looking to own your own business? This well-established beauty supply store is up for grabs! Perfect location, loyal customer base, and stock with top beauty brands. Donât miss out on this amazing opportunity to take over and grow! Everything is all set up and running, with a great location with ample parking space, a few minute walk from the new medical school. Furniture, POS, inventory everything and, full support and training, including vendor contacts for 6 months Reason for selling: The owner is going away on a medical training program. The new owner must take over the lease. Essentially, it is a turnkey business with great potential Join These Tenants: Schula's Grill, Black Rock BBQ, Hummus Grill, Royal Palm, and Rosewood Liquors. Site is part of the Rosewood Village PUD - there are currently 230 residential units with approvals for 520 units. East end Hagerstown is fastest growing and most affluent area in the county. Commuter friendly, within 2 miles of I-70. Traffic exposure 25,000 cars per day.
THIS IS 36-40 N. POTOMAC STREET. MIXED USED COMMERCIAL BUILDING FOR SALE! 4 Updated residential apartments, 2 commercial spaces ALL FULLY RENTED. 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. Building was renovated by the City of Hagerstown. 24 Hour Notice to tour due to tenant notifications.
Newly renovated and fully leased, producing $5200/mo in gross rents! Welcome to 41 E Franklin St, a fully renovated 5-unit apartment building located in the heart of the rapidly growing 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 with gross income of $5,200 per month from newly screened tenants. 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: Gross Income is $5,200 per month, making this property a solid income generator from day one. Priced to sell quickly, 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 doneâ??new finishes, updated systems, and compliance ensuredâ??41 E Franklin is primed for immediate occupancy and cash flow. Donâ??t miss outâ??this property wonâ??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' Âhas 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!
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 MultiâUse 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 endlessâbring 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 catererâs kitchen.
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.
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).
Great well kept building situated on 1 ac in Highway Interchange [HI]. This property has been a thriving floor covering business for over 50 years. The building is a combination retail showroom, aprox. 5200 square feet, with offices and 2 bathrooms. The warehouse has 3- 12X12 load in doors and plenty of open space and racks for storage. Warehouse has a mixture of 12 and 14 foot ceilings with aporx. 3500 square feet total of storage. Plenty of parking paved front and rear. HVAC in newer addition retail is heat pump. with oil force hot air throughout the remainder of building. Situated with a prime location for access, fronts on Rt 40 National Pike West of Hagerstown.
Income-Generating Mixed-Use Property! This prime commercially zoned, mixed-use property offers an outstanding investment opportunity with potential for $24,000+ gross annual income. The first floor office/flex space is currently leased to long-term tenants, providing a steady revenue stream. Additionally, the second-floor, renovated 3-bedroom apartment is turn-key and move-in ready, further enhancing the income potential. Situated in a high-demand area with excellent visibility, this property is ideal for investors seeking strong returns in a stable, well-maintained asset.
Former CPA office now available. Be part of the newly revitalizing downtown entertainment zone. Great location with ample parking for multiple types of businesses.
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