72 W Washington Street
Hagerstown, MD, 21740 $ 2,490,000
Bedrooms-- Baths-- Sq 34,720 Monthly Estimate*
$ 15,331
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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FeaturesInteriorHeating Fuel None
Hot Water Electric Natural Gas
Central Air Y/N N
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GeneralSewer 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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ExteriorWater 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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* Excluded FeaturesList Byroberto@rgrealtyinc.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Hagerstown, MD
Average List Price $1,140,156
Percent of Sale Price 54%
About Hagerstown, MD 41,204 Population
8% Since 2002
$ 41,616 Median Income
37.73 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/20/2026 | $2,490,000 | | Listed Price |