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$899,000
3 Days On Site

101 POTOMAC STREET
HAGERSTOWN, MD21740

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
10,400
SqFt
$86
/SqFt
1920
Built
County:
WASHINGTON
Listing courtesy of RG Realty, Inc.
Call Now: 443.632.3000
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443.632.3000
101 POTOMAC STREET101 POTOMAC STREET101 POTOMAC STREET101 POTOMAC STREET
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Stabilized 10-Unit Mixed-Use Investment in a Federally Designated Opportunity Zone, Downtown Hagerstown 101-103 North Potomac Street, Hagerstown, MD 21740 Opportunity Zone location: The property is located in a federally designated Opportunity Zone (Census Tract 24043000400). This 10-unit mixed-use property has 7 commercial retail/office units and 3 residential apartments, giving diversified income in a prime downtown location. It is 100% occupied and produces immediate, stable cash flow. Value-add potential: There may be room to add one more residential or office unit on the second floor, subject to the buyer's due diligence, zoning and permitting. That space needs work, which gives a buyer a clear path to more units and more income. Recent capital improvements: Ownership completed over $75,000 in capital improvements in 2025, including a new roof and three replacement HVAC/AC units. These upgrades materially reduce near-term capital expenditure risk and support the asset's long-term performance. Location: Downtown Hagerstown draws strong demand from both commercial and residential tenants. The property offers visibility, walkability, and easy access to employment centers, government offices, retail and public services. Investment summary: The property combines full occupancy, recent capital improvements, diversified tenancy and value-add upside in an established urban corridor and a federally designated Opportunity Zone. It suits investors looking for a stabilized mixed-use asset with room to grow through unit expansion, selective renovations or rent increases. Buyers should consult their own tax and legal advisors about any Opportunity Zone benefits.

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Listing Snapshot
Price 
$899,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
10,400 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1920
MLS® Number 
MDWA2040608
Status 
Active
Property Tax 
$6,048
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoListing first seen on site
General Features
Acres 
0.12
Parking 
On Street
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
10400
Water Source 
Public
Zoning 
CCMU
Interior Features
Appliances 
Electric Water Heater
Cooling 
NoneElectric
Heating 
ElectricBaseboard
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Exterior Features
Construction Details 
Brick
Community Features
School District 
WASHINGTON COUNTY PUBLIC SCHOOLS
Schools
School District
WASHINGTON COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
E. RUSSELL HICKS SCHOOL
High School
SOUTH HAGERSTOWN SR
Listing courtesy of RG Realty, Inc.



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Neighborhood & Commute
Source: Walkscore
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