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sales rep | Brivity IDX

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72 W Washington St , Hagerstown, MD 21740
$2,290,000
Est. Payment: $12,574.60/mo
34720 Sqft
0.23 Acres
Status: active | Days on site: 165
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RGRE1 - 124248
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House 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

Highlights

Listed by Roberto G. Gonzalez , 3019910207 RG Realty, Inc. , 2402036393. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.23

Year Built

1920

County

Washington

School District

Washington County Public Schools

Listing ID

MDWA2037084

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:CCMU
Sewer:Public Sewer
Principal Interest
$12,575
Taxes
$1,556

Home Price

$2,290,000

Loan Details

30 yrs
7.312%

Down Payment

20%
$458,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,574.60

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,574.60 $1,556.42 $0.00 $14,131.02
Yearly $150,895.23 $18,677.00 $0.00 $169,572.23
Total $4,526,857.03 $560,310.00 $0.00 $5,087,167.03
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Hagerstown, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T09:11:29.000Z

© 2026 Bright MLS