72 W Washington St, Hagerstown, MD 21740

Property Description

Rare downtown Hagerstown redevelopment opportunity. 72 W Washington Street, historically known as the Earles Building, is a prominent seven story historic commercial asset located in the heart of the City Center corridor. Positioned on approximately 0.23 acres with CCMU zoning, the property offers exceptional adaptive reuse potential for an investor, developer, or mixed use repositioning buyer. Seller furnished redevelopment plans depict a 42 unit residential conversion concept, including 26 one bedroom units and 16 two bedroom units, with lower level and first floor business, fitness, and storage components. The building’s scale, visibility, historic character, and West Washington Street frontage create a compelling opportunity for residential conversion, mixed use redevelopment, or other value add strategies. Located near downtown dining, arts, civic uses, and continued reinvestment activity. Buyer to verify building area, zoning, approvals, plan status, incentives, and all redevelopment feasibility. Summary Details Property Type: Commercial redevelopment / adaptive reuse opportunity Asking Price: $2,490,000 Historic Name: The Earles Building Location: Downtown Hagerstown City Center Site Area: Approx. 0.23 acres Zoning: CCMU Parcel / APN: 25-020669 Building Area: Public sources vary from approximately 29,720 SF to 34,720 SF, buyer to verify Redevelopment Concept: 42 residential units shown in seller furnished plans Proposed Unit Mix: 26 one bedroom, 16 two bedroom Ideal Buyer: Investor, developer, adaptive reuse buyer, mixed use redevelopment group