Active
535 Summit Ave
Hagerstown MD, 21740
$1,590,000
$63.53 per sqft
Active
25,029 sqft
Commercial
Built in 1907
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
MDWA2023086
MLSⓇ ID
July 9, 2024
Listed
September 19, 2024
Updated
Map
535 Summit Ave
Hagerstown MD, 21740
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Heat Pump, Oil
Exterior/Building Features
Lot Size
2.67 Acres
Other Property Details
Area Name
Hagerstown
Taxes
$11,239
Tax Frequency
Annually
Days on Market
37
Garage
No
Parking Total
77
View
No
County
WASHINGTON
Water Source
Public
Pool
No
Listed by Ari Firoozabadi, with Greysteel Company LLC
Listing Contact: 2022802722
The IDX display contains information sourced from the Bright MLS, Inc. as of 9/19/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 Bright MLS, Inc. all rights reserved.
Data last updated on 9/19/2024 at 9:10 PM UTC
