Hagerstown, MD 21740 535 Summit Avenue

535 Summit Avenue Hagerstown, MD - Image 1535 Summit Avenue Hagerstown, MD - Image 2535 Summit Avenue Hagerstown, MD - Image 3
Presented By: Greysteel Company LLC
  • MLS# MDWA2028844
  • 05/21/2025
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  • SQFT • 24,636

Home Details

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
Presented By: Greysteel Company LLC

Interior Features for 535 Summit Avenue

Other Interior Features

Central Air Y/NYes
Heating FuelOil
Heating Y/NYes
Hot WaterOther

General for 535 Summit Avenue

AccessibilityRamp - Main Level
Business TypeHair Salon and Spa, Hotel/Motel, School
CityHAGERSTOWN
Construction MaterialsBrick
Cool FuelElectric
CoolingCentral A/C, Heat Pump(s)
CountyWASHINGTON
DirectionsUse Google Maps
Electric3 Phases
HeatingOther
Lot Size Square Feet116305.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-05-21T13:20:10
MunicipalityHagerstown
New ConstructionNo
Number Of Units Total1
OwnershipFee Simple
PossessionNegotiable
Price Per Sq Ft Total AG51.94
Property SubtypeMixed Use
Property TypeCommercial Sale
Property UseInvestment
RoofHip
Security FeaturesSprinkler System - Indoor, Security System
SewerPublic Septic
Standard StatusActive
StatusACTIVE
Tax Annual Amount11239.0
Tax Assessed Value659933.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1907
Year Built SourceEstimated
ZoningRMOD

Exterior for 535 Summit Avenue

Building Area Total25029.00
Car Parking Spaces77
Land Assessed Value267500.00
Land Use CodeC
Lot Size Acres2.67
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesHandicap Parking
Total Loading Docks0
Total Parking Spaces77
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
WaterfrontY/NNo

Additional Details

Price History

Aleksandar Tomic

Real Estate Professional
Price $1,299,999
MLS#MDWA2028844
List Date 05/21/2025
Property Type Commercial
Phone 571.207.5186
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