535 Summit Ave | Hagerstown, MD 21740
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- LoopNet Team
535 Summit Ave
Hagerstown, MD 21740
Specialty Property For Sale
·
25,029 SF
INVESTMENT HIGHLIGHTS
- 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
- Great central location with Hagerstown City Park across the street, the brand-new minor-league stadium one mile away from Hagerstown Premium Outlets
- Potential supplemental income to help cover carrying costs. Owner in talks to lease the parking lot to the city of Hagerstown for City Park
- Perfect for a daycare or charter school, with minimal renovations to current layout needed to get up and running
- Delivered with conceptual plans to convert the building to a high-end boutique hotel with 29 guest rooms, a luxury holistic spa & Restaurant
PROPERTY FACTS
| Property Type | Specialty | Building Size | 25,029 SF |
| Property Subtype | School | No. Stories | 2 |
| Building Class | B | Year Built | 1908 |
| Lot Size | 2.67 AC | Parking Ratio | 3.08/1,000 SF |
| Zoning | RMOD - RMOD – Residential, Moderate Density. Single-family and two-family neighborhoods on the outer edges of the city (e.g., North End, South End, Greenwich | ||
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | B |
| Lot Size | 2.67 AC |
| Building Size | 25,029 SF |
| No. Stories | 2 |
| Year Built | 1908 |
| Parking Ratio | 3.08/1,000 SF |
| Zoning | RMOD - RMOD – Residential, Moderate Density. Single-family and two-family neighborhoods on the outer edges of the city (e.g., North End, South End, Greenwich |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 03-029735 | Improvements Assessment | $466,100 |
| Land Assessment | $267,500 | Total Assessment | $733,600 |
PROPERTY TAXES
Parcel Number
03-029735
Land Assessment
$267,500
Improvements Assessment
$466,100
Total Assessment
$733,600
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