Hagerstown, MD Hospitality Properties for Sale

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Funkstown, MD Smithsburg, MD Fairplay, MD Williamsport, MD Greencastle, PA Boonsboro, MD Falling Waters, WV Clear Spring, MD

Updated: May 21, 2025

Former School Building For Sale

535 Summit Ave, Hagerstown, MD 21740

$1,299,999

25,029 SF former school building on 2.67 acres suitable for adaptive re‑use.
Ideal for daycare or charter school with minimal renovation needed.
Conceptual plans included for conversion to a boutique hotel with 29 rooms, spa, and restaurant.
Large parking lot with 77 spaces.
Central location**: across from Hagerstown City Park, near Meritus Park stadium and Hagerstown Premium Outlets.

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Updated: Jan 30, 2025

Former School Building for Reuse

535 Summit Ave, Hagerstown, MD 21740

Contact for pricing

25,000 sqft 2.50 AC lot

+25,000 SF former school building on +2.5 acres with large parking lot for 70+ vehicles
Approved plans to convert to a boutique hotel with 29 guest rooms
Hotel plans include a luxury holistic spa with 4 treatment rooms
Plans also include a restaurant open to hotel guests and the general public
Large parking lot sits near Hagerstown City Park (directly across the street)

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 2 Active listings in Hagerstown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Historic Stone Mixed-Use Property

211 DISCOVERY ROAD, Martinsburg, WV 25403

$1,400,000

12,461 sqft

Converted barn offers flexible commercial interiors with a kitchenette, multiple restrooms, storage, and secured on-site parking.

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Turnkey Motel with 19 Rooms

1024 Winchester Avenue, Martinsburg, WV 25401

$1,800,000

Turnkey 19-room motel with secure after-hours check-in and dedicated parking for guests.

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Riverbend Park Double-Lot Retreat

Block 7 Lots 3 & 4 BOO BOO Boulevard, Falling Waters, WV 25419

$140,000

Two lots with campers in Riverbend Park, near Potomac River.

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Camping Lot with 5th Wheel

Block 25 Lot 8 POISON OAK, Falling Waters, WV 25419

$46,000

Camping lot with camper, pavilion, and included amenities.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land with Mixed-Use Zoning

Tract B FORBES Drive, Martinsburg, WV 25404

$250,000

1.31 AC lot

Zoned Mixed-Use Commercial (MUC) and fronts over 300 feet for flexible development.

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Mixed-Use Commercial Land Parcel

Tract A FORBES Drive, Martinsburg, WV 25404

$275,000

1.80 AC lot

Zoned MUC, Tract A offers paved-road frontage and direct rear adjacency to the Villages at Courthouse Square townhomes.

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Winchester Land For Sale

MARKET Street, Winchester, VA 22603

$2,286,000

5.08 AC lot

5.08 acres of commercial land in Rutherford Crossing.

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Breezewood Commercial Land For Sale

16359 Lincoln Hwy, Breezewood, PA 15533

$195,000

500 sqft 5.81 AC lot

5.81 acres of commercial land with excellent visibility.

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Off-Market Properties in Hagerstown, MD

Consider similar Off-Market properties in Hagerstown, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

HOTEL

89 All Star Ct, Hagerstown, MD 21740-8162

$3,140,000

Estimated value

55,897 sqft 4.30 AC lot

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HOTEL

17612 Vly Mall Rd, Hagerstown, MD 21740-6995

$3,060,000

Estimated value

55,645 sqft 2.11 AC lot

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MOTEL

1029 Washington St, Hagerstown, MD 21740-5279

$170,000

Estimated value

6,900 sqft 0.28 AC lot

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HOTEL

18216 Col Henry K Douglas Dr, Hagerstown, MD 21740-1562

$2,665,000

Estimated value

47,485 sqft 1.98 AC lot

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HOTEL

1718 Upas Way, Hagerstown, MD 21740-6961

$5,580,000

Estimated value

107,488 sqft 7.08 AC lot

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HOTEL

1716 Dual Hwy, Hagerstown, MD 21740-6635

$3,235,000

Estimated value

58,586 sqft 3.10 AC lot

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MOTEL

1220 Dual Hwy, Hagerstown, MD 21740-5923

$2,055,000

Estimated value

23,180 sqft 1.03 AC lot

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HOTEL

17270 Vly Mall Rd, Hagerstown, MD 21740-7099

Value Estimation by Request

68,617 sqft 1.84 AC lot

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MOTEL

1101 Dual Hwy, Hagerstown, MD 21740-5920

$1,670,000

Estimated value

33,253 sqft 2.16 AC lot

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HOTEL

1801 Dual Hwy, Hagerstown, MD 21740-6649

Value Estimation by Request

48,952 sqft 2.76 AC lot

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HOTEL

17280 Vly Mall Rd, Hagerstown, MD 21740-7099

Value Estimation by Request

62,940 sqft 1.93 AC lot

View details

MOTEL

14130 Pennsylvania Ave, Hagerstown, MD 21742-2345

$240,000

Estimated value

2,121 sqft 4.07 AC lot

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HOTEL

1650 Pullman Ln, Hagerstown, MD 21740-7132

$4,945,000

Estimated value

91,026 sqft 20.28 AC lot

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MOTEL

13726 Oliver Dr, Hagerstown, MD 21740-1601

$1,635,000

Estimated value

27,829 sqft 3.14 AC lot

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HOTEL

241 Railway Ln, Hagerstown, MD 21740-6969

$3,750,000

Estimated value

63,397 sqft 7.85 AC lot

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MOTEL

920 Dual Hwy, Hagerstown, MD 21740-5913

$2,620,000

Estimated value

77,626 sqft 3.57 AC lot

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HOTEL

18300 Peak Cir, Hagerstown, MD 21742-2370

$1,470,000

Estimated value

21,483 sqft 3.51 AC lot

View details

Hagerstown, MD Hospitality Properties Market Trends and Statistics

Explore 19 hospitality properties for sale in Hagerstown, MD on our real estate platform. These investment opportunities span a total of 25,000 square feet of properties for sale, with an estimated market value of $1,299,999.

Sale prices for hospitality properties in Hagerstown, MD average $1,299,999 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 101K

Population Growth (5Y) +4.0%

Median Household Income $66,959

College Educated 10.5%

High-Yield Neighborhoods for Investment

Identify Hagerstown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
21740	$1.3M

Taxes & Financing

Tax Rate (average for all types) 0.97%

Property Tax per SF $18.55 per SF

Tax Rate vs County Average 0.01 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hagerstown fall within the 100,000+ square foot range.

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Hagerstown, MD Hospitality Properties for Sale

535 Summit Ave, Hagerstown, MD 21740

535 Summit Ave, Hagerstown, MD 21740

Opportunities in Nearby Cities

211 DISCOVERY ROAD, Martinsburg, WV 25403

1024 Winchester Avenue, Martinsburg, WV 25401

Block 7 Lots 3 & 4 BOO BOO Boulevard, Falling Waters, WV 25419

Block 25 Lot 8 POISON OAK, Falling Waters, WV 25419

Potential Development Sites for Consideration

Tract B FORBES Drive, Martinsburg, WV 25404

Tract A FORBES Drive, Martinsburg, WV 25404

MARKET Street, Winchester, VA 22603

16359 Lincoln Hwy, Breezewood, PA 15533

Off-Market Properties in Hagerstown, MD

89 All Star Ct, Hagerstown, MD 21740-8162

17612 Vly Mall Rd, Hagerstown, MD 21740-6995

1029 Washington St, Hagerstown, MD 21740-5279

18216 Col Henry K Douglas Dr, Hagerstown, MD 21740-1562

1718 Upas Way, Hagerstown, MD 21740-6961

1716 Dual Hwy, Hagerstown, MD 21740-6635

1220 Dual Hwy, Hagerstown, MD 21740-5923

17270 Vly Mall Rd, Hagerstown, MD 21740-7099

1101 Dual Hwy, Hagerstown, MD 21740-5920

1801 Dual Hwy, Hagerstown, MD 21740-6649

17280 Vly Mall Rd, Hagerstown, MD 21740-7099

14130 Pennsylvania Ave, Hagerstown, MD 21742-2345

1650 Pullman Ln, Hagerstown, MD 21740-7132

13726 Oliver Dr, Hagerstown, MD 21740-1601

241 Railway Ln, Hagerstown, MD 21740-6969

920 Dual Hwy, Hagerstown, MD 21740-5913

18300 Peak Cir, Hagerstown, MD 21742-2370

Hagerstown, MD Hospitality Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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