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    Hagerstown, MD
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    Hagerstown, MD Hospitality Properties for Sale

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    Funkstown, MD Smithsburg, MD Williamsport, MD State Line, PA Greencastle, PA Fairplay, MD Falling Waters, WV Clear Spring, MD
    Former School Building For Sale
    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.
    View details
    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 24 Potential Opportunities for your consideration. Besides 1 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 2 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.

    Campground with Log Cabins
    Campground with Log Cabins

    7000 CHAMBERSBURG ROAD, Fayetteville, PA 17222

    $1,190,000
    400 sqft 20.00 AC lot

    Campground offering cabin accommodations, bathhouse facilities, and access along Route 30.

    View details
    Campground with Bathhouse and Stream
    Campground with Bathhouse and Stream

    7000-6980 CHAMBERSBURG RD, Fayetteville, PA 17222

    $915,000
    20.00 AC lot

    Campground featuring a bathhouse, stream, new DEP well, and substantial electrical service.

    View details
    Seasonal Campground Lot With Covered Porch
    Seasonal Campground Lot With Covered Porch

    Block 5 Lot 7 POISON OAK, Falling Waters, WV 25419

    $40,000
    0.05 AC lot

    Improved recreational lot with a camper, outdoor living areas, storage, and access to extensive seasonal campground amenities.

    View details
    Land Near Potomac River Access
    Land Near Potomac River Access

    BLOCK 23 LOT 8 RANGER Road, Falling Waters, WV 25419

    $68,000
    0.06 AC lot

    Campground lot with Potomac River access and amenities.

    View details

    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.

    Mixed-Use Commercial Land
    Mixed-Use Commercial Land

    Tract B FORBES Drive, Martinsburg, WV 25404

    $250,000
    1.31 AC lot

    Commercial land with MUC zoning, paved-road frontage, and access from signalized intersections.

    View details
    Mixed-Use Commercial Land
    Mixed-Use Commercial Land

    Tract A FORBES Drive, Martinsburg, WV 25404

    $275,000
    1.80 AC lot

    MUC-zoned commercial land with paved-road frontage and access through signalized intersections.

    View details

    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.

    89 All Star Ct
    HOTEL

    89 All Star Ct, Hagerstown, MD 21740-8162

    Estimated value:
    $3,140,000
    55,897 sqft 4.30 AC lot
    View details
    17612 Vly Mall Rd
    HOTEL

    17612 Vly Mall Rd, Hagerstown, MD 21740-6995

    Estimated value:
    $3,060,000
    55,645 sqft 2.11 AC lot
    View details
    1029 Washington St
    MOTEL

    1029 Washington St, Hagerstown, MD 21740-5279

    Estimated value:
    $170,000
    6,900 sqft 0.28 AC lot
    View details
    18216 Col Henry K Douglas Dr
    HOTEL

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

    Estimated value:
    $2,665,000
    47,485 sqft 1.98 AC lot
    View details
    1718 Upas Way
    HOTEL

    1718 Upas Way, Hagerstown, MD 21740-6961

    Estimated value:
    $5,580,000
    107,488 sqft 7.08 AC lot
    View details
    1716 Dual Hwy
    HOTEL

    1716 Dual Hwy, Hagerstown, MD 21740-6635

    Estimated value:
    $3,235,000
    58,586 sqft 3.10 AC lot
    View details
    1220 Dual Hwy
    MOTEL

    1220 Dual Hwy, Hagerstown, MD 21740-5923

    Estimated value:
    $2,055,000
    23,180 sqft 1.03 AC lot
    View details
    17270 Vly Mall Rd
    HOTEL

    17270 Vly Mall Rd, Hagerstown, MD 21740-7099

    Estimated value:
    No data
    68,617 sqft 1.84 AC lot
    View details
    1101 Dual Hwy
    MOTEL

    1101 Dual Hwy, Hagerstown, MD 21740-5920

    Estimated value:
    $1,670,000
    33,253 sqft 2.16 AC lot
    View details
    1801 Dual Hwy
    HOTEL

    1801 Dual Hwy, Hagerstown, MD 21740-6649

    Estimated value:
    No data
    48,952 sqft 2.76 AC lot
    View details
    17280 Vly Mall Rd
    HOTEL

    17280 Vly Mall Rd, Hagerstown, MD 21740-7099

    Estimated value:
    No data
    62,940 sqft 1.93 AC lot
    View details
    14130 Pennsylvania Ave
    MOTEL

    14130 Pennsylvania Ave, Hagerstown, MD 21742-2345

    Estimated value:
    $240,000
    2,121 sqft 4.07 AC lot
    View details
    1650 Pullman Ln
    HOTEL

    1650 Pullman Ln, Hagerstown, MD 21740-7132

    Estimated value:
    $4,945,000
    91,026 sqft 20.28 AC lot
    View details
    13726 Oliver Dr
    MOTEL

    13726 Oliver Dr, Hagerstown, MD 21740-1601

    Estimated value:
    $1,635,000
    27,829 sqft 3.14 AC lot
    View details
    241 Railway Ln
    HOTEL

    241 Railway Ln, Hagerstown, MD 21740-6969

    Estimated value:
    $3,750,000
    63,397 sqft 7.85 AC lot
    View details
    920 Dual Hwy
    MOTEL

    920 Dual Hwy, Hagerstown, MD 21740-5913

    Estimated value:
    $2,620,000
    77,626 sqft 3.57 AC lot
    View details
    18300 Peak Cir
    HOTEL

    18300 Peak Cir, Hagerstown, MD 21742-2370

    Estimated value:
    $1,470,000
    21,483 sqft 3.51 AC lot
    View details

    Hagerstown, MD Hospitality Properties Market Trends and Statistics

    Explore 18 hospitality properties for sale in Hagerstown, MD on our real estate platform.

    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

    Hotels 1

    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)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Washington County

    Residential Income

    Property Size Breakdown

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

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