200-202 E FRANKLIN ST, Hagerstown, MD 21740

Property Description

Prime Downtown Mixed-Use Investment Exceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income. Tenants pay all utilities, providing a low-expense, high-yield investment. Located just steps from the Arts & Entertainment District, restaurants, breweries, and the Maryland Theatre, this property sits in the path of downtown revitalization and ongoing city investment. Tenants enjoy convenient access to public parking, nearby retail, and public transportation. Highlights: Fully occupied mixed-use property bringing in $4,000/month Ground-floor restaurant space with private ownership Four residential apartments on upper levels Separate utilities – tenants pay all Excellent visibility and foot traffic in revitalized downtown corridor Turnkey income producer – stable tenants and strong returns Perfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.

Listing Status:

Active

Date Added:

November 3, 2025 at 06:00AM

Listing Office:

RG Realty, Inc. : 2402036393

Listing Agent:

Krystal Stewart : 8133230463

MLS ID:

MDWA2032520

Interior

• A/C: Other
• Heating: Baseboard - ElectricElectric
• Disability Feature: None

Construction

• General: BrickPermanent

Location

• Originating MLS: BRIGHT_MAIN
• School District: WASHINGTON COUNTY PUBLIC SCHOOLS
• County: WASHINGTON-MD

Lot

• Zoning: CCMU2222012347

Utilities

• Utilities: Cable tv availableMultiple phone linesOther
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Krystal Stewart, RG Realty, Inc.