200 202 E Franklin St

Highlights:

• Days on Market: 23
• Heating: Baseboard - Electric

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.

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Listing ID: 804283578178