351 Potomac StHagerstown, MD 21740

This exceptional mixed-use property in Hagerstown, MD, presents a compelling investment opportunity. Located at 351-359 N Potomac Street, this FEE SIMPLE offering encompasses three buildings totaling 14,832 square feet, with 14,000 square feet of net rentable space. Constructed in 1900, the property features three stories and benefits from INDUSTRIAL RESTRICTED zoning. The property includes two residential apartments, fully renovated in 2024 and currently fully leased, offering immediate income generation. A commercial lease is in place with a long-term tenant and options to renew, ensuring consistent cash flow. The property boasts a strong 11% capitalization rate, making it an attractive investment. The recent renovations, including fresh paint, enhance the property's appeal and potential for future income growth. Ample parking is available, adding to the property's overall value and desirability. The property's prime location in Hagerstown provides excellent access to local amenities and transportation networks. This is a rare opportunity to acquire a well-maintained, high-yielding mixed-use property with significant upside potential. A 24-48 hour notice is required for showings.