535 SUMMIT AVENUE, Hagerstown, MD 21740
Commercial Property 
Built in 1907 
2.67acre lot
—— car garage 
$——/sqft 
Listed 1 month ago
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
- Listing Status:
- Active
- Listing Office:
- Greysteel Company LLC : 2022802722
- Listing Agent:
- Ari Firoozabadi : 2022802722
- MLS ID:
- MDWA2028844
- A/C: Central A/CHeat Pump(s)
- Heating: YOtherOil
- Disability Feature: Ramp - Main Level
This listing courtesy of Ari Firoozabadi, Greysteel Company LLC
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Bester Elementary School
385 Mill St, Hagerstown, MD, 21740
Grades PK-5
0.54 miles away
E. Russell Hicks Middle School
1321 S Potomac St, Hagerstown, MD, 21740
Grades 6-8
1.30 miles away
Barbara Ingram School for the Arts
711 S Potomac St, Hagerstown, MD, 21740
Grades 9-12
0.76 miles away
