Hagerstown, MD 21740,200-202 E FRANKLIN ST
Hagerstown, MD 21740,200-202 E FRANKLIN ST
Hagerstown, MD 21740,200-202 E FRANKLIN ST
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Listed by Krystal Stewart • RG Realty, Inc.
$515,000
Est. payment /mo
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2,613 Sqft Lot
New

200-202 E FRANKLIN ST Hagerstown, MD 21740

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Subdivision None Available

MLS Listing ID MDWA2032520

Year Built 1885

Available Date 2025-11-03

Annual Tax Amount $4,779

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Prime Downtown Mixed-Use Investment

Exceptional 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/month

Ground-floor restaurant space with private ownership

Four residential apartments on upper levels

Separate utilities – tenants pay all

Excellent visibility and foot traffic in revitalized downtown corridor

Turnkey income producer – stable tenants and strong returns

Perfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.

Location

State MD

County Washington

Zoning CCMU

Interior

Hot Water Electric

Heating Baseboard - Electric

Cooling Other

Heat Source Electric

Exterior

Utilities Available Cable TV Available, Multiple Phone Lines

Water Access N

Accessibility None

Road Frontage City/County

Garage N

Building

Foundation Permanent

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Washington County Public Schools

Others

Tax ID 2222012347

Ownership Fee Simple

Security Features Fire Detection System

Special Listing Condition Standard


Bright MLS (BMLS)

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Jonathan Greene

Jonathan Greene

Broker of Record | License ID: 1433604

+1(973) 873-0734

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200-202 E FRANKLIN ST