Hagerstown, MD 21740,29-31 W FRANKLIN ST
Hagerstown, MD 21740,29-31 W FRANKLIN ST
Hagerstown, MD 21740,29-31 W FRANKLIN ST
Hagerstown, MD 21740,29-31 W FRANKLIN ST
Hagerstown, MD 21740,29-31 W FRANKLIN ST
Hagerstown, MD 21740,29-31 W FRANKLIN ST
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Catherine Reidy

Catherine Reidy

+1(703) 587-9230
Listed by Toby Wantz • Real Estate Today
$ 695,000
Est. payment | /mo

6,280 Sqft Lot

Save
$ 695,000
Est. payment | /mo
Save

6,280 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWA2031798

Year Built 1900

Annual Tax Amount $10,257

Tax Year 2024

Lot Size 6,280 Sqft

Acres 0.14

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

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. Don't miss this exceptional chance to invest in the heart of Hagerstown's growing downtown district!

Location

State MD

County Washington

Zoning CCMU

Interior

Hot Water Natural Gas

Heating Hot Water, Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 8.0

Water Access N

Accessibility None

Total Parking Spaces 8

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Washington County Public Schools

Others

Tax ID 2225010159

Ownership Fee Simple

Special Listing Condition Standard

Bright MLS (BMLS)

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 18
  • 8

    Paramount Elementary School

    Public | KG - 5

  • 7

    Fountaindale Elementary School

    Public | KG - 5

  • 6

    Potomac Heights Elementary School

    Public | KG - 5

  • 5

    Salem Avenue Elementary School

    Public | PK - 5

  • 5

    Emma K. Doub Elementary School

    Public | 1 - 5

  • 5

    Eastern Elementary School

    Public | 3 - 5

  • 4

    Lincolnshire Elementary School

    Public | PK - 5

  • 4

    Winter Street Elementary School

    Public | PK - 5

  • 4

    Pangborn Elementary School

    Public | KG - 5

  • 1

    Bester Elementary School

    Public | PK - 5

  • 0

    Ebenezer Christian School

    Private | KG - 12

  • 0

    Grace Academy

    Private | PK - 12

  • 0

    Truth Christian Academy

    Private | PK - 11

  • 0

    Marshall Street School

    Public | KG - 12

  • 0

    St Mary Catholic School

    Private | PK - 8

  • 0

    Hagerstown Childrens School

    Private | PK - KG

  • 0

    Funkstown Elementary School

    Public | PK - KG

  • 0

    Ruth Ann Monroe Primary School

    Public | PK - 2

Middle Schools 3
  • 5

    E. Russell Hicks Middle School

    Public | 6 - 8

  • 5

    Western Heights Middle School

    Public | 6 - 8

  • 5

    Northern Middle School

    Public | 6 - 8

High Schools 6
  • 9

    Barbara Ingram School for the Arts

    Public | 9 - 12

  • 8

    Washington County Technical High School

    Public | 11 - 12

  • 5

    South Hagerstown High School

    Public | 9 - 12

  • 5

    North Hagerstown High School

    Public | 9 - 12

  • 0

    Washington County Job Development Center

    Public | 10 - 12

  • 0

    St Maria Goretti High School

    Private | 9 - 12

School and business data provided by Attom Data.
Catherine Reidy

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(703) 587-9230

catherine.reidy@kw.com

20116 Ashbrook Place, Ashburn, VA, 20147, USA

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29-31 W FRANKLIN ST