For Sale
$389,000

334 Potomac St Hagerstown, MD 21740

Versatile property, multiple income streams.

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional commercial property in Hagerstown, MD, presents a unique investment opportunity with multiple income streams. Located at 334 N Potomac St, this 5,800 square foot mixed-use building sits on a 5,760 square foot lot and is offered for sale at $389,000. The property features a fully operational and equipped laundromat, ready for immediate income generation or repurposing. A separate street-level storefront/office space offers additional flexibility for various business ventures. The lower level, currently rented as storage for $800 per month, includes a garage door and adaptable layout, perfect for expansion, additional rental income, or conversion into another business. The property boasts ample parking, a key advantage in a high-traffic area. This prime location in Washington County, zip code 21740, offers excellent visibility and accessibility. The property's versatility makes it ideal for entrepreneurs and investors seeking a high-return investment with multiple revenue streams and significant upside potential. This is a turnkey opportunity to acquire a well-positioned commercial property with immediate income and long-term growth prospects. The property's size and layout provide ample space for expansion or diversification of business operations.

Highlights

  • Prime Hagerstown investment: 5,800 SF mixed-use building on a 5,760 SF lot, listed at $389,000.
  • Includes a fully operational laundromat generating immediate income.
  • Features a separate street-level storefront/office space.
  • Lower level currently rented for $800/month as storage, offering expansion or additional rental income potential.
  • Ample parking available.

Property Details for 334 Potomac St

Property type
Specialty properties, Office properties
Square Feet
5,800 SF

Location Insight

City
Hagerstown
County
Washington
State
Maryland
Latitude
39.646669089121
Longitude
-77.716617567247

FAQs

What type of property is this?
Specialty property - Versatile property, multiple income streams.
Where is the specialty property located?
The property is located at 334 Potomac St Hagerstown, MD.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Prime Hagerstown investment: 5,800 SF mixed-use building on a 5,760 SF lot, listed at $389,000.; Includes a fully operational laundromat generating immediate income.; Features a separate street-level storefront/office space.
How can I contact the broker?
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334 Potomac St
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