Funkstown MD Real Estate & Commercial for Sale

For Sale: Spacious 2-Story Medical/Professional Office Building - 4,000+ SF Tired of renting office space? Take advantage of this rare opportunity to own your own freestanding, all-brick office building-ideal for medical, dental, or professional use. Offering over 4,000 square feet of functional space, this newly updated 2-story property features multiple private offices, a kitchenette, four restrooms, a dedicated storage area, and dual main entrances for upper and lower-level access. With 30+ on-site parking spaces and a rear accessibility ramp to the upper level, this building is designed for both convenience and compliance. Whether you're expanding your practice or investing in your business future, this is a must-see opportunity. Dont miss this opportunity to own instead of lease-schedule your showing today!

Diverse 43-Unit Mixed-Use Portfolio. This well-positioned 43-unit portfolio offers a rare opportunity to acquire a diversified mix of residential and commercial assets across multiple parcels in the heart of Hagerstown. The portfolio includes apartment buildings, brick townhouses, detached cottages, office space, warehouse and flex space, garages, and a drive-thru restaurant, creating multiple income streams and broad tenant appeal. The residential component consists primarily of one-bedroom apartments, townhouses, and cottages, many of which are leased at below-market rents, providing clear value-add potential through measured rent adjustments. Several properties feature separate electric meters, private parking, garages, and carports, all supporting long-term tenant stability and efficient operations. The commercial portion includes a flex property with warehouse and office space, additional warehouse units, and a partially equipped drive-thru restaurant with multiple curb cuts, pylon signage, and outdoor seating. This diverse commercial mix enhances income stability while offering flexibility for a range of users. The portfolio is strategically located near Hagerstown City Park and the upcoming multi-use sports and events stadium, positioning it well for increased demand, rental growth, and long-term appreciation. Many units have been occupied long term with limited recent rent increases, presenting a strong opportunity for future income growth. Several buildings have benefited from recent capital improvements, including roofs, flooring, kitchens, mechanical upgrades, plumbing and electrical work, HVAC enhancements, waterproofing, safety upgrades, and common-area improvements, allowing for a smooth transition to new ownership. The portfolio is stabilized and produces strong in-place income, with professional management in place and controlled utility expenses. Operations are straightforward, making this an attractive acquisition for seasoned investors or groups looking to scale into a larger, diversified portfolio. This is a rare opportunity to acquire a sizable, income-producing mixed-use portfolio in a growing Hagerstown location, offering immediate cash flow with meaningful upside potential.

HIGHWAY INTERCHANGE ZONING 3.88 ACRES. MAIN INTERSECTIOIN. This listing consists of 7 parcels with Tax IDs listed below. Located at one of the highest traffic intersections in Hagerstown. The location is only 1/4 mile from Interstate 70. The site would be perfect for a number of commercial retail uses. Hundreds of feet of road frontage on two streets. Public Water and Sewer Available. Property addresses and Tax IDs: 3 W Oak Ridge Dr. .62 Acres/ ID 10-008352. 5 W Oak Ridge Dr. .58 Acres/ ID10-008360. 9 W Oak Ridge Dr. .34 Acres/ ID 10-001897. 13 W Oak Ridge Dr. .28 Acres/ ID 10-008670. 1407 S Potomac St. .39 Acres/ ID 10-012619. 1411 S Potomac St. .72 Acres/ ID 10-008794. 1415 S Potomac St. .95 Acres/ ID 10-021529

ð??? Prime Commercial Lot - Eldridge Dr Lot #7 3.24 Acres - Development Ready! ð??? Unlock the full potential of this shovel-ready 3.24-acre commercial lot located in a rapidly developing area on Eldridge Drive. This strategically positioned property offers excellent access, high visibility, and a pre-approved site plan-saving you time and money. â?? Approved Site Plan Includes: Two (2) 5,000 sq ft commercial buildings - ideal for retail, office, or light industrial use Two (2) 16-bay buildings - (Each bay 10' x 25', 14' high) - Perfect for auto services, contractor bays, or mini-warehousing Zoning allows up to 100 feet in height - Unlock vertical development potential Billboard signage permitted - Maximize roadside exposure 24-Hour caretaker allowed - Off-property housing permitted for added site security and operations ð??? Ideal For a Wide Range of Uses: This flexible zoning opens the door for a wide array of businesses and development opportunities, such as: ð??  Service & Trade Businesses Contractor bays for HVAC, electrical, plumbing, roofing, etc. Landscaping and lawn care company headquarters Auto repair, detailing, or body shop bays Equipment rental and service centers ð??¦ Storage & Distribution Mini-storage facility or self-storage units E-commerce warehousing and fulfillment hubs Boat, trailer, or RV storage Last-mile delivery depot ð??? Retail & Office Showroom or sales center for construction materials, flooring, or furnishings Professional offices for legal, accounting, or real estate services Flex retail/office space for small business startups ð??§ Industrial & Manufacturing Light manufacturing operations Custom fabrication and machine shops Assembly or testing facilities ð??¼ Mixed Use & Investment Multi-tenant investment property with leasable bays Owner/operator business hub with additional rental income streams This property is a rare opportunity to step into a project thats ready to build-with room for growth and revenue. Ideal for owner-operators, investors, or developers looking for flexible, income-generating space.

ATTENTION! THERE ARE TWO (2) SEPARATE LOTS INCLUDED IN THIS SALE - LOTS 2 AND 3-B. GREAT LOCATION WITH ALOT OF MEDICAL OFFICES NEXT DOOR. OWNED BY SAME OWNER FOR MANY YEARS. WOULD MAKE A GREAT LOCATION FOR OFFICES, RETAIL, MEDICAL, URGENT CARE. PUBLIC WATER AND SEWER AVAILABLE. A THIRD LOT IS ALSO AVAILABLE IF MORE SPACE IS NEEDED. CALL FOR DETAILS. (LOOK FOR SIGNS ON THE LOTS.)

1,440 sq. ft. commercial condo in C-2 zoning, ideal for professional or service-based use. This end unit features seven private offices, a reception area, and flexible workspace. Well-maintained with dedicated rear parking for owner/staff and convenient front access for clients. Move-in ready with excellent visibility and easy access to major routes.

Rare Investment Opportunity - Solid Brick 10-Unit Building + Garage in Hagerstowns Arts District This is a prime opportunity to own a four-story, all-brick 10-unit apartment building with a freestanding 3-bay garage, located in the heart of Hagerstowns Arts & Entertainment District. Positioned on a 0.22-acre parcel totaling 9,745 sq ft, the building includes 12,736 sq ft of gross building area and features a mix of 9 residential units and 1 commercial unit, all with separate electric meters. The site is zoned CC-MU (City Center - Mixed Use), offering long-term flexibility and value for investors. The building is fully leased and located just blocks from the new multi-use sports and events facility, University of Maryland Hagerstown campus, and the Washington County Library. ð??? Highlights: Fully occupied 10-unit building (9 residential / 1 commercial) Separate utility metering for all units Detached 3-bay garage on-site Located within Hagerstowns revitalization zone High visibility and walkable to key downtown amenities This property offers a stable rental income stream with future upside potential, a perfect fit for seasoned or new investors looking to grow their portfolio in a rapidly improving downtown market. ð?¢ Unit Mix - 10-Unit Building 5 units - 3 bedrooms / 1 bathroom 3 units - 1 bedroom / 1 bathroom 1 unit - 2 bedrooms / 1 bathroom 1 commercial unit Each unit is individually metered for electric, and the property includes a freestanding 3-bay garage for additional value or potential rental income.

Great positive cashflow investment opportunity! Well maintained 5 unit apartment building not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas forced air heat! This property includes 2 buildings: front building has 3 units and the rear building has 2 units. Large backyard,. The owner will consider holding owner financing. Owner is also selling 311 Summit Ave with 6 units.

Great positive cashflow investment opportunity! Well maintained 6 unit apartment building not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas radiant heat! Each unit is 1 bedroom and 1 bathroom. Large backyard, detached garage. The owner will consider holding owner financing. Owner is also selling 419 Summit Ave with 5 units.

Great Investment Opportunity - 5-Unit Multi-Building Fully rented and cash-flowing, this 5-unit property is the perfect addition to any investors portfolio. The building has been well-maintained with numerous recent improvements including a new roof, updated plumbing, a new porch, and updates throughout the units. Inside, youll find hardwood floors throughout and updated finishes that keep the units attractive to tenants. Outside, the property offers ample on-site parking which is a rare find that adds to the appeal. On top of strong current income, theres plenty of room to add value and increase revenue with additional features: 4 garages that can be rented separately, Storage space for tenants or outside rentals, and Coin-operated laundry for steady extra income. This is a turn-key investment with upside potential in a sought-after rental market.

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.

Prime Commercial Space in Hagerstown's Thriving Medical Corridor This 1,379 sq. ft. commercial condo is ideally positioned fronting a bustling medical corridor, making it perfect for medical, office, or retail enterprises. Formerly a pharmacy, the space is thoughtfully designed to meet the needs of modern professional practices. The expansive open-concept layout includes a private office, a fully-equipped kitchen, and a restroom, offering functionality and versatility. Located near key institutions such as Meritus Medical Center, Robinwood Medical Center, and Hagerstown Community College, and the new Meritus School of Osteopathic Medicine, which is dedicated to training the next generation of physicians, this property is in the heart of a thriving and growing community. This strategic property provides exceptional potential for businesses looking to establish or expand in this dynamic area.

32 Residential Units, two Commercial Units and a Leasing Office. Residential Occupancy rate is 94%. One of the two commercial spaces is leased (5 Yr Lease) that just began. In the heart of downtown Hagerstown, just blocks away from the minor league baseball stadium (Meritus Park Stadium) on the same block as the Maryland Theatre and just across the street from the Meinelschmidt Distillery, Bulls and Bears and Schmankerl Stube Restaurant, as well as the Washington County Public Library (diagonally across the intersection). High vehicular and foot traffic, as the property is in downtown Hagerstown. Projected Cap Rate - 8.4% The current owner has had 2 grant applications approved, and a prospective buyer can seek many more. The Georgian is located in the following: Qualified Opportunity Zone: You can look up 55 S Potomac St here to verify City of Hagerstown Arts & Entertainment District property tax incentive: City of Hagerstown Main Street Grant Area. City of Hagerstown Partners in Economic Progress (PEP) Program zone City of Hagerstown City Center Redevelopment Grant zone. Downtown Historic District. (local/state and NHR federal) Enterprise Zone: City of Hagerstown CC-MU area

Prime Commercial Property at 44 N Potomac St, Hagerstown, MD This impressive commercial building, located in the heart of downtown Hagerstown, offers an exceptional opportunity for owner-occupants and investors alike. With its prominent location, the property boasts high visibility and foot traffic, making it ideal for a variety of business uses. Several suites will soon be available, presenting a perfect opportunity for an owner-occupant to customize their space while benefiting from rental income from existing tenants. The property features modern amenities, flexible layouts, and convenient access to local businesses, dining, and cultural attractions. Don't miss this chance to secure a valuable asset in one of Hagerstowns most desirable commercial districts! Contact us today for more details and to schedule a tour.

The first floor is currently owner-occupied and utilized as professional office space. The owner is willing to lease back the first-floor space for a period of 3-6 months following settlement. The six upper-level units have historically been used as professional office space and are currently vacant. Conversion of the upper levels back to residential use will require installation of a sprinkler system. Due to the long-term professional use and occupancy by practicing partners, there is no existing residential rent roll available. The six apartment units are in excellent condition and are considered rent-ready. Outstanding Investment Opportunity in Downtown Hagerstown! Pride of ownership shows in this extremely well-maintained commercial building inside and out, known locally as the Einbinder Building. Offering over 8,600 sq. ft. of usable space across four stories plus a finished basement, this property is perfectly suited for a variety of uses under its CC-MU (City Center Mixed Use) zoning. The building features two main entrances: one leading to a spacious first-floor office suite with multiple private offices and a large conference room, and another providing direct access to six upper-level units with income-producing residential potential on upper floors, also includes a functional fire escape. The finished basement adds additional office space, utility areas, and a walkout to the rear parking lot. A rare bonus in the downtown market, the property includes a private rear parking lot with multi-alley access, accommodating 8 vehicles with potential for expansion. Conveniently located just steps from the U.S. Post Office, Hagerstown City Hall, courthouses, Meritus Baseball Stadium, local businesses, and restaurants, with easy access to both I-81 and I-70, this building combines an unbeatable location with flexible functionality. Dont miss this exceptional chance to invest in the heart of Hagerstowns growing downtown district!

Circa 1900! Prime time location with 10+ off street parking spaces in walking distance to the court house. This is a completely remodeled office space and is ready for you to take your business to the next level. Use this location to drive up sales. Thousands of cars drive past here every day. Its time for your sign to hang on Washington St. Get in now before the new stadium in Downtown Hagerstown opens bringing in investors from all over the world.

Prominent downtown location near the city center. True value-add redevelopment opportunity due to its CCMU zoning, building size, and A&E District positioning. This four-story mixed-use building offers elevator access to all levels and off-street parking, a rare combination in downtown Hagerstown. The property is located within Hagerstowns Arts & Entertainment District, an area known for ongoing revitalization, public art, festivals, restaurants, and cultural destinations. Buyers may also explore incentive and grant opportunities offered through City programs and A&E District benefits. Building is currently vacant and needs renovation, making it ideal for an investor seeking substantial upside through repositioning. Flexible use potential may include retail, office, residential conversion, or a hybrid live/work concept, subject to approvals.

Newly renovated commercial building just outside the Downtown Hagerstown corridor! Offering over 1,000 sq ft of retail/office space, this detached property with ample parking has been fully upgraded with a new roof, new plumbing, and all-new electrical systems. Only the final electrical permit is in the process of being closed out, giving the next owner confidence and peace of mind. Excellent visibility and easy access along a well-traveled road just minutes from the heart of downtown, surrounded by shops, offices, and neighborhood amenities. Ideal for owner/users or investors, this turn-key space offers endless possibilities-retail, office, boutique, studio, or service-based business. Buyers to verify zoning for intended use. A rare chance to own a fully updated building in a rapidly revitalizing area

Commercial Opportunity with Unlimited Potential! Step into this newly renovated commercial property-an adaptable, modern space ready to bring your business vision to life. Once known locally as Gossards Convenience Store, this building has been completely refreshed and is ready for its next chapter. Whether youre planning office space, a retail storefront, or a specialty service, this property offers the flexibility and upgrades to support your goals. Highlights & Key Features: Versatile Floor Plan: Three well-sized rooms offer endless configuration options-ideal for office use, retail operations, or specialized services. Modern Infrastructure: Enjoy peace of mind with all-new wiring from the utility pole into the building and throughout, making this space reliable and move-in ready for todays business demands. Comfort & Accessibility: A handicap-accessible entry and bathroom, comfort zone wall radiant heater, and large ceiling fan ensure a welcoming environment for employees and customers alike. Bright, Clean & Contemporary: Fresh interior and exterior paint, upgraded flooring, and LED lighting throughout create a polished, professional aesthetic. Food-Service Friendly: Equipped with exhaust setup and dish drain, this property is also an excellent fit for catering operations, takeout concepts, or future restaurant use. Secure & Durable: A brand-new metal roof, all-new windows, and a Knox Box for emergency access provide long-term protection and peace of mind. Potential Uses: Professional or business office, Catering kitchen or food-service operation, Salon, studio, or grooming services. Retail or boutique storefront, Dry cleaning, laundry, or specialty service, Storage, warehousing, or distribution And so much more-your imagination is the limit! With its high-visibility location, modern upgrades, and open potential, this property is a true blank canvas for your entrepreneurial ambitions.

6,634 sq ft masonry industrial building suitable for multiple tenants. Located on Jefferson Blvd (MD Rt 64) with a traffic count in excess of 11,500 cars daily and convenient to both Hagerstown and Frederick. Partitioned into 3 sections, each with separate heat, 3-phase electric, and restroom facilities. High bay with 12 overhead doors. Includes a 2-BR dwelling that could also be utilized as office. Almost 3 acres of highly stabilized and secured gravel parking. Potential uses include contractor with yard, manufacturing, auto service, and storage. Potential gross income of $6,000 per month. Heavy duty shop crane included. Owner-agent.

Prime Multi-Family Investment - High Income, Low Maintenance Seize this exceptional opportunity to own a fully occupied, all-brick, six-unit property just minutes from downtown Hagerstown, currently generating $6,650+ in monthly rental income with potential to increase to full market rates. Each spacious unit offers approximately 700 sq ft of living space, separate electric meters (tenant-paid utilities), and updated replacement windows for improved energy efficiency. Built on a solid brick and masonry foundation, the property offers durability, ease of management, and long-term value. Located at the gateway to Hagerstowns Arts & Entertainment District, this property sits in a vibrant mixed-use neighborhood surrounded by residential and commercial growth-making it attractive to both local and out-of-town investors capitalizing on area revitalization. Turnkey, income-producing, and positioned for appreciation-dont miss your chance to secure a high-performing asset in a prime location.

Turnkey Investment, Real Estate and Business with Class D Liquor License Harmans Tavern presents a true value-add opportunity, pairing a well established bar with a Class D Liquor License and income producing residential and retail units. The mixed use building totals nearly 10,000 square feet and includes eight units, a retail space and spacious apartments, all occupied by long term tenants. Rents are significantly below market, as the owner has never increased them, creating immediate upside in cash flow. The units are well maintained, and thoughtful updates could support meaningful appreciation. Whether you are expanding a portfolio or seeking stable income with room to grow, this offering is a rare find. Schedule your private tour today.

Outstanding two unit building on busily traveled state road. Adjacent to Washington County Health Department. 3 year lease on commercial unit (full first floor) spacious two bedroom apartment on second level. Ample off street parking! Newly installed water and sewer utilities.

13725-13729-13733 Pennsylvania Ave. RETAIL DEVELOPMENT POTENTIAL. Currently a Mix-use land investment. 27 Residential Income Units. Zoning: Business General (BG). 5.75 Acres. Refer to multiple tax records for State of Maryland property data. - Inspections are by prior appointment only, including interior road system drive-bys. Excellent frontage on U.S. Rt. 11, to downtown Hagerstown & nearby Greencastle, Pa. Subdivision potential, 3 separate tracts recited in deed.