Hagerstown, MD 21740 351 S Potomac Street

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Presented By: Real Estate Innovations
  • MLS# MDWA2028494
  • 04/28/2025
  • Request Tour
  • Request Info
  • SQFT • 17,420

Home Details

11% CAP RATE , THIS PROPERTY IS AN INCOME PRODUCER. GREAT LOCATION AND PARKING. BOTH APARTMENTS ARE NEWLY RENOVATED AND FULLY LEASED. POTENTIAL FOR FUTURE INCOME AS WELL. 24 -48 NOTICE TO SHOW, LISTING AGENT WILL ACCOMPANY SHOWINGS! COMMERICAL LEASE WITH OPTIONS TO RENEW WITH A LONG TERM TENANT. CALL FOR DETAILS!
Presented By: Real Estate Innovations

Interior Features for 351 S Potomac Street

Other Interior Features

Central Air Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterOther
Total Stories3

General for 351 S Potomac Street

Acceptable FinancingCash, Conventional, Exchange
AccessibilityOther
Business TypeApartment Building, Storage, Warehouse, Other/General Retail
Cap Rate11.00
CityHAGERSTOWN
Construction MaterialsCombination
Cool FuelElectric
CoolingMulti Units
CountyWASHINGTON
DirectionsS Potomac St on the right
Gross Income113000.00
HeatingHeat Pump(s)
Lot Size Square Feet49463.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-28T12:45:45
MunicipalityHagerstown
Net Operating Income93600.00
New ConstructionNo
Number Of Units Total2
OwnerPaysManagement, Insurance, Sewer, Taxes - Real Estate, Water
OwnershipFee Simple
PossessionSettlement
Possible UseApartments, Commercial, Flex Space, Industrial, Investment, Mixed Use, Office, Parking, Printing, Special Purpose, Storage Yard, Warehouse, Other
Price Per Sq Ft Total AG55.62
Property ConditionVery Good
Property SubtypeMixed Use
Property TypeCommercial Sale
RoofMetal, Flat, Asphalt
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount6428.0
Tax Assessed Value335300.0
Tax Year2024
TransportationBus Stop less than 1 mile
UtilitiesCable TV, Natural Gas Available
Vacation Rental Y/NNo
ViewCity
Water Access Y/NNo
Waterfront Y/NNo
Year Built1900
Year Built SourceEstimated
ZoningIR

Exterior for 351 S Potomac Street

Building Area Total14832.00
Car Parking Spaces15
Lot FeaturesRear Yard, Road Frontage
Lot Size Acres1.14
Lot Size SourceEstimated
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces25
Type of ParkingParking Lot, Private Garage
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $824,900
MLS#MDWA2028494
List Date 04/28/2025
Property Type Commercial
Phone 703.929.4729
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