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    Hagerstown, MD
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    Hagerstown, MD Hospitality Properties for Sale

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    Funkstown, MD Fairplay, MD Greencastle, PA
    Former School Building For Sale
    $1,299,999

    Former School Building For Sale

    535 Summit Ave, Hagerstown, MD 21740

    25,029 SF former school building with adaptive re-use potential.

    • 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.
    Updated: May 21, 2025
    View details
    Multi-Use Building Near Meritus Park
    $3,490,000
    53,514 SF

    Multi-Use Building Near Meritus Park

    100 Summit Ave, Hagerstown, MD 21740

    53,500 SF multi-use building near upcoming baseball stadium.

    • Prime location immediately adjacent to the new Meritus Park baseball stadium.
    • ~53,500 SF multi‑use building suitable for office, flex, warehouse, or hospitality space.
    • Great potential development location.
    • Unique two‑story space ideal for hospitality or restaurant use (formerly The Press Room event space).
    • New 397‑space parking garage being constructed directly across the street.
    Updated: Feb 28, 2024
    View details
    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.

    Leesburg Land with Event Barn
    $1,295,000
    3,800 SF

    Leesburg Land with Event Barn

    18-acre Leesburg property with barn, dwelling, and development potential.

    14558 CHAPEL Lane, Leesburg, VA 20176
    View details
    Riverbend Park Double-Lot Retreat
    $150,000

    Riverbend Park Double-Lot Retreat

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

    Block 7 Lots 3 & 4 BOO BOO Boulevard, Falling Waters, WV 25419
    View details
    Unique Loudoun Property in Wine Country
    $1,295,000
    3,800 SF

    Unique Loudoun Property in Wine Country

    Scenic property ideal for home, event venue, or agritourism.

    14558 Chapel Ln, Leesburg, VA 20176
    View details
    Camping Lot with 5th Wheel
    $49,000

    Camping Lot with 5th Wheel

    Camping lot with camper, pavilion, and included amenities.

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

    Commercial Land in Growing Martinsburg
    $325,000
    1.31 Acres

    Commercial Land in Growing Martinsburg

    1.31 acre commercial land in a high-growth area.

    Tract B FORBES Drive, Martinsburg, WV 25404
    View details
    Commercial Land in Growing Martinsburg
    $350,000
    1.80 Acres

    Commercial Land in Growing Martinsburg

    1.8 acre commercial land in high-growth Martinsburg, West Virginia.

    Tract A FORBES Drive, Martinsburg, WV 25404
    View details
    Winchester Land For Sale
    $2,286,000
    5.08 Acres

    Winchester Land For Sale

    5.08 acres of commercial land in Rutherford Crossing.

    MARKET Street, Winchester, VA 22603
    View details
    Breezewood Commercial Land For Sale
    $195,000
    500 SF

    Breezewood Commercial Land For Sale

    5.81 acres of commercial land with excellent visibility.

    16359 Lincoln Hwy, Breezewood, PA 15533
    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
    55,897 SF Lot: 4.30 Acres
    Estimated value
    $3,140,000

    89 All Star Ct, Hagerstown, MD 21740-8162

    View details
    17612 Vly Mall Rd
    HOTEL
    55,645 SF Lot: 2.11 Acres
    Estimated value
    $3,060,000

    17612 Vly Mall Rd, Hagerstown, MD 21740-6995

    View details
    1029 Washington St
    MOTEL
    6,900 SF Lot: 0.28 Acres
    Value Estimation by Request

    1029 Washington St, Hagerstown, MD 21740-5279

    View details
    18216 Col Henry K Douglas Dr
    HOTEL
    47,485 SF Lot: 1.98 Acres
    Estimated value
    $2,665,000

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

    View details
    1718 Upas Way
    HOTEL
    107,488 SF Lot: 7.08 Acres
    Estimated value
    $5,580,000

    1718 Upas Way, Hagerstown, MD 21740-6961

    View details
    1716 Dual Hwy
    HOTEL
    58,586 SF Lot: 3.10 Acres
    Estimated value
    $3,235,000

    1716 Dual Hwy, Hagerstown, MD 21740-6635

    View details
    1220 Dual Hwy
    MOTEL
    23,180 SF Lot: 1.03 Acres
    Value Estimation by Request

    1220 Dual Hwy, Hagerstown, MD 21740-5923

    View details
    17270 Vly Mall Rd
    HOTEL
    68,617 SF Lot: 1.84 Acres
    Value Estimation by Request

    17270 Vly Mall Rd, Hagerstown, MD 21740-7099

    View details
    1101 Dual Hwy
    MOTEL
    33,253 SF Lot: 2.16 Acres
    Value Estimation by Request

    1101 Dual Hwy, Hagerstown, MD 21740-5920

    View details
    1801 Dual Hwy
    HOTEL
    48,952 SF Lot: 2.76 Acres
    Value Estimation by Request

    1801 Dual Hwy, Hagerstown, MD 21740-6649

    View details
    17280 Vly Mall Rd
    HOTEL
    62,940 SF Lot: 1.93 Acres
    Value Estimation by Request

    17280 Vly Mall Rd, Hagerstown, MD 21740-7099

    View details
    14130 Pennsylvania Ave
    MOTEL
    2,121 SF Lot: 4.07 Acres
    Value Estimation by Request

    14130 Pennsylvania Ave, Hagerstown, MD 21742-2345

    View details
    1650 Pullman Ln
    HOTEL
    91,026 SF Lot: 20.28 Acres
    Estimated value
    $4,945,000

    1650 Pullman Ln, Hagerstown, MD 21740-7132

    View details
    13726 Oliver Dr
    MOTEL
    27,829 SF Lot: 3.14 Acres
    Estimated value
    $1,635,000

    13726 Oliver Dr, Hagerstown, MD 21740-1601

    View details
    241 Railway Ln
    HOTEL
    63,397 SF Lot: 7.85 Acres
    Estimated value
    $3,750,000

    241 Railway Ln, Hagerstown, MD 21740-6969

    View details
    920 Dual Hwy
    MOTEL
    77,626 SF Lot: 3.57 Acres
    Value Estimation by Request

    920 Dual Hwy, Hagerstown, MD 21740-5913

    View details
    18300 Peak Cir
    HOTEL
    21,483 SF Lot: 3.51 Acres
    Estimated value
    $1,470,000

    18300 Peak Cir, Hagerstown, MD 21742-2370

    View details

    Hagerstown, MD Hospitality Properties Investment Opportunities Market Analysis

    Explore 19 hospitality properties for sale in Hagerstown, MD on our real estate platform. These investment opportunities span a total of 53,514 square feet of properties for sale, with an estimated market value of $3,490,000.

    Sale prices for hospitality properties in Hagerstown, MD start at $3,490,000, averaging $3,490,000, and reaching up to $3,490,000 — 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

    Hotels 2

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    21740 $2.4M

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $18.55 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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