382 S Cleveland Ave, Hagerstown, MD 21740

$650,000
5,602
SqFt

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List Price
$650,000
Days on Market
4
Status
ACTIVE
MLS#
MDWA2038732
Living Area
5,602
Lot Size (Acres)
0.25
Style
Other
Year Built
1962
County
Washington
School District
Washington County Public Schools

Property Description

Prime Corner Location just behind the new Hagerstown SportsPlex/Field House! This exceptional mixed-use property offers outstanding investment potential with 3 income-producing residential apartments, 12 parking spaces, and 2 garages. The expansive first floor features 6 private office/exam rooms, 4 half bathrooms, and a kitchen. Previously operated as a daycare and, before that, as a medical office, this versatile space is ideal for a wide range of commercial uses, including professional offices, medical practices, educational facilities, and more. It may also offer the opportunity to be converted into additional residential units, subject to buyer verification and approval. Buyers are encouraged to perform their own due diligence with the City of Hagerstown regarding zoning, permitted uses, and redevelopment possibilities. The upper level consists of 3 residential apartments, providing immediate rental income and multiple revenue streams. The building is also equipped with a sprinkler system, adding value and flexibility for future use. Located in one of Hagerstown's fastest-growing commercial and entertainment districts, this corner property offers excellent visibility, easy access, and tremendous long-term appreciation potential. Whether you're an investor looking to expand your portfolio, an owner-occupant seeking business space with rental income, or a developer exploring future opportunities, this property delivers exceptional versatility and value. Don't miss this rare opportunity to own a high-income mixed-use property in one of Hagerstown's most desirable growth areas!

Additional Information

Taxes
$5023
School District
Washington County Public Schools
Heating
Central
Heating Fuel
Electric
Cooling
Window Unit(s)
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of EXP Realty, LLC. Contact: 8888607369