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Updated over 2 years ago on . Most recent reply

User Stats

80
Posts
38
Votes
Mike Warder
  • Investor
  • Arlington, VA
38
Votes |
80
Posts

Non-residential Commercial Properties in Hagerstown, MD?

Mike Warder
  • Investor
  • Arlington, VA
Posted

Any thoughts on the business environment in downtown Hagerstown, MD? I am looking at non-residential commercial properties in downtown Hagerstown, and I've heard that within a two-block radius of the city center things are okay (less crime, better business environment, hub for many of the city's working professionals). 

Lots of previous posts talk about the difficult tenant base, but that tends to focus on residential real estate. There is a new $70m multi-use venue breaking ground one and a half blocks from downtown next month. Amazon developed a $140m fulfillment center not too far away. Net migration flows to Hagerstown are positive. But, have things really changed? Are existing businesses thriving? What kinds of businesses does the downtown area need? Any insights would be greatly appreciated. 

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