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Listed by Alejandro Luis A Martinez • The Agency DC
$4,899,900
Est. payment /mo
55,239 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 55,239 sqft
Price per Sqft $88
MLS Listing ID MDWA2027920
Year Built 1920
Annual Tax Amount $6,331
Tax Year 2024
Lot Size 0.931 Acres
Acres 0.93
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
This exceptional 100,000-square-foot commercial property, formerly a YMCA, offers a rare investment opportunity at the prominent corner of N. Potomac St. and W. Church St. With its versatile zoning, potential uses include residential, commercial, mixed-use development, and light manufacturing. For a complete list of permitted uses, please refer to the City of Hagerstown's Land Management Code.
Ideally situated near key landmarks such as the newly developed Meritus Park, Barbara Ingram School for the Arts, The Maryland Theatre, Western Maryland Regional Library, The Potomac Towers, Hagerstown Fairgrounds Park, and University Plaza, this property benefits from excellent visibility and accessibility. Conveniently located near major transportation routes, including US Hwy 40, US 11, I-81, and Rt 70, it ensures seamless connectivity.
The building itself boasts a grand entryway, expansive rooms, gymnasiums, an indoor track, multiple swimming pools, theaters, racquetball courts, meeting rooms, and over 60 dormitory-style rooms—providing endless redevelopment possibilities. With 165 feet of frontage on W. Potomac St. and 230 feet on W. Church St., the site offers substantial street exposure.
Don't miss this unique opportunity to transform a historic space into a thriving new venture!
Ideally situated near key landmarks such as the newly developed Meritus Park, Barbara Ingram School for the Arts, The Maryland Theatre, Western Maryland Regional Library, The Potomac Towers, Hagerstown Fairgrounds Park, and University Plaza, this property benefits from excellent visibility and accessibility. Conveniently located near major transportation routes, including US Hwy 40, US 11, I-81, and Rt 70, it ensures seamless connectivity.
The building itself boasts a grand entryway, expansive rooms, gymnasiums, an indoor track, multiple swimming pools, theaters, racquetball courts, meeting rooms, and over 60 dormitory-style rooms—providing endless redevelopment possibilities. With 165 feet of frontage on W. Potomac St. and 230 feet on W. Church St., the site offers substantial street exposure.
Don't miss this unique opportunity to transform a historic space into a thriving new venture!
Location
State MD
County Washington
Zoning CCMU
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Washington County Public Schools
Others
Tax ID 2225035321
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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John Coleman
REALTOR® | OWNER | License ID: SP98375761
+1(202) 427-9689 | john@colemanresidential.com
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