Link Copied
Listed price in listed location currency (USD).
$925,000

000

MLS® MDWA2034332

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $6,048
Days Active 0
Approx. Age 1920
MLS® Number MDWA2034332

Property Address: 101 Potomac Street, HAGERSTOWN, MD, 21740

Average square foot calculated using Size range provided by listing agent.

Description

Stabilized 10-Unit Mixed-Use Investment with Value-Add Upside in Downtown Hagerstown Located at 101–103 North Potomac Street, Hagerstown, MD 21740, this 10-unit mixed-use property consists of 7 commercial retail/office units and 3 residential apartments, providing diversified income in a prime downtown location. The property is 100% occupied, delivering immediate and stable cash flow. In addition to the existing unit mix, there is potential to add an additional residential or office unit on the second floor, subject to buyer’s due diligence, zoning, and permitting. This area requires work, creating a clear value-add opportunity to increase unit count and future income. Ownership completed over $75, 000 in capital improvements in 2025, including the installation of a new roof and the replacement of three HVAC/AC units. These significant upgrades materially reduce near-term capital expenditure risk and enhance the long-term performance of the asset. The downtown Hagerstown location supports strong demand for both commercial and residential tenants due to visibility, walkability, and proximity to employment centers, government offices, retail, and public services. This asset is well suited for investors seeking a stabilized mixed-use property with upside through unit expansion, selective renovations, or rent growth. Overall, the property represents a compelling opportunity combining full occupancy, recent capital improvements, diversified tenancy, and additional value-add potential in an established urban corridor.
MLS® NumberMDWA2034332
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1920
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 19, 2026List Date
$925,000List Price
  • Commute

Commute

Starting Address
Destination Address
101 Potomac Street, HAGERSTOWN, MD

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties