09/23/2026
🏢 NEW LISTING — 135-137 E Franklin St, Hagerstown, MD | $399,900
If you’re looking for a mixed-use property with existing income and serious value-add potential, this one deserves a look.
The property currently includes:
✅ 2 occupied commercial/shop spaces generating $3,300/month in combined rent
✅ 2 additional vacant street-front commercial spaces ready for completion
✅ 3 planned residential apartments upstairs with city-approved plans
✅ Framing and portions of the electrical work already completed
✅ Approximately 11,182 SF in the main building plus an additional 1,708 SF garage/shop building
✅ Mixed-use zoning with multiple potential income streams
A substantial amount of demolition and preliminary renovation work has already been completed, giving the next owner the opportunity to step in, finish the project, and bring the remaining commercial and residential spaces online.
The architectural and engineering plans for the three apartments will be available for buyers to review.
💰 Offered at $399,900
📍 135-137 E Franklin St, Hagerstown, MD 21740
This could be a great fit for an investor, developer, contractor, or owner-user who sees the upside in finishing what has already been started.
📲 Message me for additional information, plans, a recent appraisal done, financial details, or to schedule a private showing.
Drew Peters
Licensed in MD, WV & PA
https://www.zillow.com/homedetails/135-E-Franklin-St-Hagerstown-MD-21740/2070930809_zpid/?utm_campaign=zillowwebmessage&utm_medium=referral&utm_source=txtshare