Hagerstown, Maryland Commercial Real Estate Listings 1 - 20 of 35

Hagerstown, Maryland: A Premier Destination for Commercial Real Estate

Introduction

Hagerstown, Maryland, is emerging as a key player in the commercial real estate (CRE) market, thanks to its strategic location, robust economy, and diverse industry presence. As a city with a population of over 40,000, Hagerstown's economy is driven by sectors such as logistics, manufacturing, and healthcare, positioning it as a dynamic hub for CRE investments. Its unique geographic location provides significant advantages for businesses seeking office, industrial, and retail spaces.

Economic and Industry Overview

Hagerstown's economy is bolstered by major industries, including logistics, manufacturing, and healthcare. The city's logistics sector is particularly strong, benefiting from its proximity to major transportation routes. This drives demand for industrial and distribution facilities. Manufacturing also plays a significant role, with a focus on aerospace and technology, creating opportunities for industrial and office spaces.

The Hagerstown-Washington County Economic Development Commission actively promotes economic growth through initiatives that attract and retain businesses, further increasing CRE demand.

Strategic Location and Transportation Infrastructure

Hagerstown's strategic location is underscored by its access to major highways such as Interstate 81 and Interstate 70, providing seamless connectivity to nearby metropolitan areas. The Hagerstown Regional Airport offers aviation services, while the city's proximity to rail lines enhances its logistical advantages.

For more information on transportation infrastructure, visit the Maryland Department of Transportation and the Hagerstown Regional Airport.

Commercial Real Estate Inventory & Zoning

Hagerstown's CRE landscape features several key submarkets, including the Central Business District (CBD), industrial corridors, and innovation districts. The city's CRE asset classes encompass industrial, retail, flex, office, and medical spaces.

Recent zoning changes and incentives, such as Opportunity Zones, provide attractive prospects for developers. For detailed zoning maps and parcel information, explore the City of Hagerstown Zoning Map and Parcel Viewer.

Major Employers and Institutions

Hagerstown hosts several major employers, including Meritus Health, Volvo Group Trucks, and Hub Labels, driving demand for commercial spaces. Additionally, Hagerstown Community College and the University System of Maryland at Hagerstown contribute to the city's educational and economic landscape.

For more information, visit the Hagerstown-Washington County Economic Development Commission's business directory.

Notable Commercial Developments & Projects

Significant developments in Hagerstown include mixed-use projects and innovation parks, supported by public-private partnerships. The city's designation as an Opportunity Zone further enhances its appeal for investors.

For planning and development resources, refer to the City of Hagerstown Planning Department.

Building Permits, Planning, and Development Tools

For building permits and planning resources, visit the following:

Market Data & Economic Reports

Access valuable market data and economic reports through public sources such as census.gov and the city's open data portal. Brevitas leverages AI-powered aggregation from public data and internal insights, providing comprehensive dashboards for Hagerstown. Explore Brevitas-powered city insights here.

Why Use Brevitas for Hagerstown, Maryland CRE?

Brevitas offers a robust platform for Hagerstown CRE, featuring AI-driven discovery, real-time market alerts, and collaborative tools. Key features include: