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200-202 E Franklin Street

HAGERSTOWN, MD 21740
  • $515,000
  • STATUS: Active
  • ON SITE: 34 Days
  • ID#: MDWA2032520
UPDATED: 23 min ago
$515,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1885
County:

School Ratings & Info

Description

Prime Downtown Mixed-Use InvestmentExceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income. Tenants pay all utilities, providing a low-expense, high-yield investment.Located just steps from the Arts & Entertainment District, restaurants, breweries, and the Maryland Theatre, this property sits in the path of downtown revitalization and ongoing city investment. Tenants enjoy convenient access to public parking, nearby retail, and public transportation.Highlights:Fully occupied mixed-use property bringing in $4,000/monthGround-floor restaurant space with private ownershipFour residential apartments on upper levelsSeparate utilities " tenants pay allExcellent visibility and foot traffic in revitalized downtown corridorTurnkey income producer " stable tenants and strong returnsPerfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-05T11:54:59.587.
www.deepcreeksales.com/homes/169426036
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200-202 E Franklin Street HAGERSTOWN, MD 21740

  • Price: $515,000
  • Status: Active
  • On Site: 34 Days
  • Updated: 23 min ago
  • ID#: MDWA2032520
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1885
Built
Neighborhood:
None Available
County:
Washington
School District:
Washington County Public Schools
Property Description
Prime Downtown Mixed-Use InvestmentExceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income. Tenants pay all utilities, providing a low-expense, high-yield investment.Located just steps from the Arts & Entertainment District, restaurants, breweries, and the Maryland Theatre, this property sits in the path of downtown revitalization and ongoing city investment. Tenants enjoy convenient access to public parking, nearby retail, and public transportation.Highlights:Fully occupied mixed-use property bringing in $4,000/monthGround-floor restaurant space with private ownershipFour residential apartments on upper levelsSeparate utilities " tenants pay allExcellent visibility and foot traffic in revitalized downtown corridorTurnkey income producer " stable tenants and strong returnsPerfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.
Exterior Features

Construction Materials Brick Garage YN No Location Type Corner Lot/Unit Parking Types On Street Road Responsibility City/County Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3684.00 Cooling Other Heating Baseboard - Electric Heating YN Yes Net Square Feet 3684.00 Security Features Fire Detection System

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Electric Other Foundation Details Permanent Heating Fuel Electric Hot Water Electric Municipality Hagerstown Navigable Water YN N New Construction YN No Original MLSNumber 804283578178 Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 4779.00 Utilities Cable TV AvailableMultiple Phone Lines Vacation Rental YN No Water Source Public Zoning CCMU

Listing courtesy of RG Realty, Inc.: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-12-05T11:54:59.587.
 
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