CHARIS REALTY GROUP

INSURANCE WAY

HAGERSTOWN , MD 21740

MLS#: MDWA2028406

$950,000

Status: Active
Listing number: MDWA2028406
Listing provided by: Long & Foster Real Estate, Inc.
Listing agent phone: None
Last update: 7 months ago
On site: 9 months ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

± 22 acres of prime commercial real estate, a stone’s throw from I-81! Zoned POM with a new text overlay to allow for wider usage. ±6 acres bordering Insurance Way are developable, with the remaining buffer of ±16 acres comprised of forest easements and designated flood plain. All major utilities are available to the site. Potential for further subdivision. Property borders I81 for potential signage and visibility. Buyers to confirm property is still in the designated Enterprise Zone which includes potential economic development incentives and tax credits for qualifying businesses.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    NO

  • Heating

    None

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Other

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    Level, Few Trees

  • Lot Size(acres)

    22.01

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $950,000

  • Tax Amount

    $17,644

  • Zoning

    Professional Office Mixed - Office Parks, Limited Retail and Restaurants. Current text overlay in progress.

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

WASHINGTON

Elementary School

Middle School

High School

Listing Courtesy of Michelle Hodos , Long & Foster Real Estate, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Heather Brailer

AGENT

Heather Brailer

Call Heather today to schedule a private showing.

(301) 991-2528

heather@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
± 22 acres of prime commercial real estate, a stone’s throw from I-81! Zoned POM with a new text overlay to allow for wider usage. ±6 acres bordering Insurance Way are developable, with the remaining buffer of ±16 acres comprised of forest easements and designated flood plain. All major utilities are available to the site. Potential for further subdivision. Property borders I81 for potential signage and visibility. Buyers to confirm property is still in the designated Enterprise Zone which includes potential economic development incentives and tax credits for qualifying businesses.

INSURANCE WAY

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

Related Properties

New on site 3 days ago
25 Broadway is a fully-leased, performing 8-unit apartment building with additional storage building and plenty of on-site parking. The property offers the perfect blend of modern living and historic charm. Situated on the sought after, tree-lined Broadway Street, this secure building provides the ideal setting for comfortable and convenient living. Access to the apartment is controlled and secure, offering peace of mind for residents. On-site laundry facilities provide additional convenience for long-term residents. Enjoy the beauty of a picturesque tree-lined street providing a tranquil and welcoming atmosphere. The property is just a short walk to the vibrant downtown Hagerstown area, including a variety of restaurants, shops, and entertainment options including the Maryland Theater and new minor league baseball stadium & events center.
#MDWA2034306

HAGERSTOWN

25 BROADWAY

None Beds

None Baths

3,620 Sq.Ft.

$895,000

MLS#: MDWA2034306

New on site today
Stabilized 10-Unit Mixed-Use Investment with Value-Add Upside in Downtown Hagerstown Located at 101–103 North Potomac Street, Hagerstown, MD 21740, this 10-unit mixed-use property consists of 7 commercial retail/office units and 3 residential apartments, providing diversified income in a prime downtown location. The property is 100% occupied, delivering immediate and stable cash flow. In addition to the existing unit mix, there is potential to add an additional residential or office unit on the second floor, subject to buyer’s due diligence, zoning, and permitting. This area requires work, creating a clear value-add opportunity to increase unit count and future income. Ownership completed over $75,000 in capital improvements in 2025, including the installation of a new roof and the replacement of three HVAC/AC units. These significant upgrades materially reduce near-term capital expenditure risk and enhance the long-term performance of the asset. The downtown Hagerstown location supports strong demand for both commercial and residential tenants due to visibility, walkability, and proximity to employment centers, government offices, retail, and public services. This asset is well suited for investors seeking a stabilized mixed-use property with upside through unit expansion, selective renovations, or rent growth. Overall, the property represents a compelling opportunity combining full occupancy, recent capital improvements, diversified tenancy, and additional value-add potential in an established urban corridor.
#MDWA2034332

HAGERSTOWN

101 POTOMAC STREET

None Beds

None Baths

10,400 Sq.Ft.

$925,000

MLS#: MDWA2034332

Presenting an exceptional investment opportunity with this charming commercial property, built with both a strong style identity and crafted from durable brick. Nestled in a prime location, this property boasts excellent road frontage and a beautifully laid out front yard, enhancing its curb appeal and visibility. Featuring a very large multifamily home with 6 units, and a single family home sitting atop multiple garage/storage units, this property is poised to provide excellent cash flow. The city views provide a vibrant backdrop, making it an attractive spot for potential tenants or customers. With convenient access to transportation options-including an airport within 10 miles and a commuter rail station less than a mile away-this property is poised for high foot traffic and easy accessibility. Ample street parking, and garage units ensure hassle-free access for tenants and visitors. Investors will appreciate the potential for strong returns in this thriving area, where demand for commercial and residential space continues to grow. Whether you're looking to lease or develop, this property offers a solid foundation (or addition!) for your portfolio. Seize the opportunity to capitalize on this prime location and watch your investment flourish!
#MDWA2033848

HAGERSTOWN

345 N POTOMAC STREET

None Beds

None Baths

8,093 Sq.Ft.

$899,995

MLS#: MDWA2033848

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service