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351 S Potomac Street Hagerstown, MD $ 849,900
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$ 849,900 Get more info
351 S Potomac Street
$ 849,900
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351 S Potomac Street

Hagerstown, MD, 21740
$ 849,900
Bedrooms-- Baths-- Sq 17,420

Monthly Estimate*

$ 5,233

351 S Potomac Street, Hagerstown, MD 21740 - Image 1
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351 S Potomac Street, Hagerstown, MD 21740 - Image 8
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Commercial Property for sale in Hagerstown, MD

for $849,900. This 17,420 square foot building was built in 1900 on a lot size of 1.14.

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!

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Commercial Contingent

Price

$ 849,900

Property Type

Commercial

Taxes

$ 6,428

Style

Apartment Building,Storage,Warehouse,/General Reta

Lot Size

1.14

Year Built

1900

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2031750
Features
Interior
Heating Fuel Other
Hot Water Other
Total Stories 3
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Multi Units
Utilities Cable TV Natural Gas Available
Possession Settlement
Roof Metal Flat Asphalt
Zoning IR
Construction Materials Combination
Year Built 1900
View City
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Hagerstown
Gross Income 113000.00
Business Type Apartment Building Storage Warehouse Other/General Retail
Accessibility Other
County WASHINGTON
Net Operating Income 93600.00
New Construction N
Property Type Commercial Sale
Possible Use Apartments Commercial Flex Space Industrial Investment Mixed Use Office Parking Printing Special Purpose Storage Yard Warehouse Other
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions S Potomac St on the right
City HAGERSTOWN
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 49463.00
Tax Annual Amount 6428.0
Property Condition Very Good
Price Per Sq Ft Total AG 57.3
Acceptable Financing Cash Conventional Exchange
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Estimated
Cap Rate 11.00
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Exterior
Lot Features Rear Yard Road Frontage
Water Source Public
Type of Parking Parking Lot Private Garage
Water View Y/N N
Building Area Total 14832.00
Lot Size Acres 1.14
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 351
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* Excluded Features
List By
Real Estate Innovations

Broker

aguy@cbimove.com

Email

Affordability Calculator

$5,769
Per Month
91%
9%
0%
Monthly Principal & Interest
$5,233
Monthly Property Taxes
$536
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/23/2025$849,900 Listed Price

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351 S Potomac Street, Hagerstown, MD, 21740 is a Commercial Property for sale at $849,900 with 17,420 sqft and a lot size of 1.14. 351 S Potomac Street was built in 1900. The property's zip code is 21740 which is in Hagerstown, MD

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