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125 W Washington St, Hagerstown, MD 21740

$650,000

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List Price: $650,000
Days on Market: 168
Status: ACTIVE
MLS#: MDWA2033666
Lot Size (Acres): 0.17
Year Built: 1928
County: Washington
School District: Washington County Public Schools

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Property Description

Prominent downtown location near the city center. True value-add redevelopment opportunity due to its CCMU zoning, building size, and A&E District positioning. This four-story mixed-use building offers elevator access to all levels and off-street parking, a rare combination in downtown Hagerstown. The property is located within Hagerstown’s Arts & Entertainment District, an area known for ongoing revitalization, public art, festivals, restaurants, and cultural destinations. Buyers may also explore incentive and grant opportunities offered through City programs and A&E District benefits. Building is currently vacant and needs renovation, making it ideal for an investor seeking substantial upside through repositioning. Flexible use potential may include retail, office, residential conversion, or a hybrid live/work concept, subject to approvals.

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Additional Information

Subdivision: Downtown Hagerstown
School District: Washington County Public Schools
View: City, Street
Heating: Forced Air
Cooling: Window/Wall
Roof: Rubber, Asphalt
Water: Public
Sewer: Public Sewer