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Listed by Roberto Gonzalez • RG Realty, Inc.
$2,490,000
Est. payment /mo
9,804 Sqft Lot
New
72 W WASHINGTON ST Hagerstown, MD 21740
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Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWA2037084
Year Built 1920
Annual Tax Amount $18,677
Tax Year 2026
Lot Size 9,804 Sqft
Acres 0.23
Property Sub-Type Office
Source BRIGHT
Property Description
Rare downtown Hagerstown redevelopment opportunity. 72 W Washington Street, historically known as the Earles Building, is a prominent seven story historic commercial asset located in the heart of the City Center corridor. Positioned on approximately 0.23 acres with CCMU zoning, the property offers exceptional adaptive reuse potential for an investor, developer, or mixed use repositioning buyer. Seller furnished redevelopment plans depict a 42 unit residential conversion concept, including 26 one bedroom units and 16 two bedroom units, with lower level and first floor business, fitness, and storage components. The building's scale, visibility, historic character, and West Washington Street frontage create a compelling opportunity for residential conversion, mixed use redevelopment, or other value add strategies. Located near downtown dining, arts, civic uses, and continued reinvestment activity. Buyer to verify building area, zoning, approvals, plan status, incentives, and all redevelopment feasibility.
Summary Details
Property Type: Commercial redevelopment / adaptive reuse opportunity
Asking Price: $2,490,000
Historic Name: The Earles Building
Location: Downtown Hagerstown City Center
Site Area: Approx. 0.23 acres
Zoning: CCMU
Parcel / APN: 25-020669
Building Area: Public sources vary from approximately 29,720 SF to 34,720 SF, buyer to verify
Redevelopment Concept: 42 residential units shown in seller furnished plans
Proposed Unit Mix: 26 one bedroom, 16 two bedroom
Ideal Buyer: Investor, developer, adaptive reuse buyer, mixed use redevelopment group
Summary Details
Property Type: Commercial redevelopment / adaptive reuse opportunity
Asking Price: $2,490,000
Historic Name: The Earles Building
Location: Downtown Hagerstown City Center
Site Area: Approx. 0.23 acres
Zoning: CCMU
Parcel / APN: 25-020669
Building Area: Public sources vary from approximately 29,720 SF to 34,720 SF, buyer to verify
Redevelopment Concept: 42 residential units shown in seller furnished plans
Proposed Unit Mix: 26 one bedroom, 16 two bedroom
Ideal Buyer: Investor, developer, adaptive reuse buyer, mixed use redevelopment group
Location
State MD
County Washington
Zoning CCMU
Interior
Hot Water Electric, Natural Gas
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2225020669
Ownership Fee Simple
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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