535 SUMMIT AVE new to site

Hagerstown,MD 21740

$ 1299999

- Bed

- Bath

25029 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 25,029 sqft

Price per Sqft $51

MLS Listing ID MDWA2028844

Year Built 1907

Annual Tax Amount $11,239

Tax Year 2024

Lot Size 2.670 Acres

Acres 2.67

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

25,029 SF Former school building for adaptive re-use in Hagerstown, MD
with 2.67 Acres of land and large parking lot with 77 spaces

Perfect for a daycare or charter school, with minimal renovations to current
layout needed to get up and running

Great central location with Hagerstown City Park directly across the street,
the brand-new minor-league stadium (Meritus Park) one mile away and off
the same exit as the Hagerstown Premium Outlets

Delivered with conceptual plans to convert the building to a high-end
boutique hotel with 29 guest rooms, a luxury holistic spa with four treatment
rooms, and a restaurant open to hotel guests and the general public

Potential supplemental income to help cover carrying costs while executing
business plan. Owner in talks to lease the parking lot to the city of
Hagerstown due to a parking shortage for City Park

Location

State MD

County Washington

Zoning RMOD

Interior

Hot Water Other

Heating Other

Cooling Central A/C,Heat Pump(s)

Heat Source Oil

Exterior

Garage Spaces 77.0

Water Access N

Roof Type Hip

Accessibility Ramp - Main Level

Total Parking Spaces 77

Garage N

Building

Sewer Public Septic

Water Public

New Construction N

Schools

School District Washington County Public Schools

Others

Tax ID 2203029735

Ownership Fee Simple

SqFt Source Estimated

Security Features Sprinkler System - Indoor,Security System

Special Listing Condition Standard

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