72 W Washington St, Hagerstown, MD 21740 | For Sale

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For Sale $2,490,000

$2,490,000
  • (0)
  • 2 Units
  • Unknown Sq Ft
  • 9,804 Sq Ft
  • Unknown Cap Rate

Description

Rare downtown Hagerstown redevelopment opportunity. 72 W Washington Street, historically known as the Earles Building, is a prominent seven story historic commercial asset located in the heart of the City Center corridor. Positioned on approximately 0.23 acres with CCMU zoning, the property offers exceptional adaptive reuse potential for an investor, developer, or mixed use repositioning buyer. Seller furnished redevelopment plans depict a 42 unit residential conversion concept, including 26 one bedroom units and 16 two bedroom units, with lower level and first floor business, fitness, and storage components. The building’s scale, visibility, historic character, and West Washington Street frontage create a compelling opportunity for residential conversion, mixed use redevelopment, or other value add strategies. Located near downtown dining, arts, civic uses, and continued reinvestment activity. Buyer to verify building area, zoning, approvals, plan status, incentives, and all redevelopment feasibility.
Summary Details

Property Type: Commercial redevelopment / adaptive reuse opportunity
Asking Price: $2,490,000
Historic Name: The Earles Building
Location: Downtown Hagerstown City Center
Site Area: Approx. 0.23 acres
Zoning: CCMU
Parcel / APN: 25-020669
Building Area: Public sources vary from approximately 29,720 SF to 34,720 SF, buyer to verify
Redevelopment Concept: 42 residential units shown in seller furnished plans
Proposed Unit Mix: 26 one bedroom, 16 two bedroom
Ideal Buyer: Investor, developer, adaptive reuse buyer, mixed use redevelopment group

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $2,490,000
Property Type Office
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1920
Last Sold Unknown
Sold Price Unknown
APN # 2225020669
MLS # MDWA2037084
Property ID 322002435
Lot Sqft 9,804
Zoning CCMU
Total Units 2
Days on Market 53
Original List Price Unknown
Date Updated May 19, 2026
Date Created May 18, 2026

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Roberto G. Gonzalez an agent of . Lic #598229


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Data last updated: July 10, 2026.
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