535 Summit Ave, Hagerstown, MD 21740

$1,590,000
List Price
$1,590,000
Days on Market
3
Status
ACTIVE
MLS#
MDWA2023086
Lot Size (Acres)
2.67
Year Built
1907
County
Washington
School District
Washington County Public Schools

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

Additional Information

Subdivision
City Park
Taxes
$11239
School District
Washington County Public Schools
Heating
Other
Heating Fuel
Oil
Cooling
Central A/C, Heat Pump(s)
Roof
Hip
Water
Public
Sewer
Public Septic

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Greysteel Company LLC. Contact: