72 W Washington Street Hagerstown, MD $ 2,490,000
72 W Washington Street
$ 2,490,000
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72 W Washington Street

Hagerstown, MD, 21740
$ 2,490,000
Bedrooms-- Baths-- Sq 34,720

Monthly Estimate*

$ 15,331

72 W Washington Street, Hagerstown, MD 21740 - Image 1
72 W Washington Street, Hagerstown, MD 21740 - Image 2
72 W Washington Street, Hagerstown, MD 21740 - Image 3
72 W Washington Street, Hagerstown, MD 21740 - Image 4
72 W Washington Street, Hagerstown, MD 21740 - Image 5
72 W Washington Street, Hagerstown, MD 21740 - Image 6
72 W Washington Street, Hagerstown, MD 21740 - Image 7

Commercial Property for sale in Hagerstown, MD

for $2,490,000. This 34,720 square foot building was built in 1920 on a lot size of 0.23.

Rare downtown Hagerstown redevelopment opportunity. 72 W Washington Street, historically known as the Earles Building, is a prominent seven story historic commercial asset located in the heart of the City Center corridor. Positioned on approximately 0.23 acres with CCMU zoning, the property offers exceptional adaptive reuse potential for an investor, developer, or mixed use repositioning buyer. Seller furnished redevelopment plans depict a 42 unit residential conversion concept, including 26 one bedroom units and 16 two bedroom units, with lower level and first floor business, fitness, and storage components. The buildings scale, visibility, historic character, and West Washington Street frontage create a compelling opportunity for residential conversion, mixed use redevelopment, or other value add strategies. Located near downtown dining, arts, civic uses, and continued reinvestment activity. Buyer to verify building area, zoning, approvals, plan status, incentives, and all redevelopment feasibility. Summary Details Property Type: Commercial redevelopment / adaptive reuse opportunity Asking Price: $2,490,000 Historic Name: The Earles Building Location: Downtown Hagerstown City Center Site Area: Approx. 0.23 acres Zoning: CCMU Parcel / APN: 25-020669 Building Area: Public sources vary from approximately 29,720 SF to 34,720 SF, buyer to verify Redevelopment Concept: 42 residential units shown in seller furnished plans Proposed Unit Mix: 26 one bedroom, 16 two bedroom Ideal Buyer: Investor, developer, adaptive reuse buyer, mixed use redevelopment group

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Commercial Active

Price

$ 2,490,000

Property Type

Commercial

Taxes

$ 18,677

Style

Lot Size

0.23

Year Built

1920

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2037084

Features
Interior
Heating Fuel None
Hot Water Electric Natural Gas
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling None
Possession Settlement
Zoning CCMU
Construction Materials Brick Concrete
Year Built 1920
Property Subtype Office
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Municipality Hagerstown
Business Type Other
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City HAGERSTOWN
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 9804.00
Tax Annual Amount 18677.0
Price Per Sq Ft Total AG 71.72
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Exterior
Water Source Public
Type of Parking None
Water View Y/N N
Building Area Total 34720.00
Lot Size Acres 0.23
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 50000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 72
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* Excluded Features
List By
Rg Realty, Inc.

Broker

roberto@rgrealtyinc.com

Email

Affordability Calculator

$16,888
Per Month
91%
9%
0%
Monthly Principal & Interest
$15,331
Monthly Property Taxes
$1,556
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
Pricing History
DatePricePrice ChangeDescription
5/20/2026$2,490,000 Listed Price

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72 W Washington Street, Hagerstown, MD, 21740 is a Commercial Property for sale at $2,490,000 with 34,720 sqft and a lot size of 0.23. 72 W Washington Street was built in 1920. The property's zip code is 21740 which is in Hagerstown, MD