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29 31 W Franklin St

$750,000

29 31 W Franklin St, Hagerstown, MD 21740

Active
Last Updated: 10/02/2025

8,682 sqft

Building Size

1900

Year Built

Details:
Building Size:    8,682 sqft
Year Built:    1900
Price Per Sqft:    $86.39
Zoning:    CCMU
Highlights:
  • Days on Market: 3
  • Heating: Hot Water, Forced Air
Description:

Outstanding Investment Opportunity in Downtown Hagerstown! Pride of ownership shows in this extremely well-maintained commercial building, known locally as the Einbinder Building. Offering over 8,600 sq. ft. of usable space across four stories plus a finished basement, this property is perfectly suited for a variety of uses under its CC-MU (City Center Mixed Use) zoning. The building features two main entrances: one leading to a spacious first-floor office suite with multiple private offices and a large conference room, and another providing direct access to six upper-level units with income-producing residential potential on upper floors, also includes a functional fire escape. The finished basement adds additional office space, utility areas, and a walkout to the rear. A rare bonus in the downtown market, the property includes a private rear parking lot with multi-alley access, accommodating 8 vehicles with potential for expansion. Conveniently located just steps from the U.S. Post Office, Hagerstown City Hall, courthouses, Meritus Baseball Stadium, local businesses, and restaurants, with easy access to both I-81 and I-70, this building combines an unbeatable location with flexible functionality. Don’t miss this exceptional chance to invest in the heart of Hagerstown’s growing downtown district!

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