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Hagerstown, MD Hotels for Sale

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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.
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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 18 Potential Opportunities for your consideration. Besides 1 Active listings in Hagerstown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 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.

Historic Hotel Event Venue
Historic Hotel Event Venue

225 North Charles Street, Baltimore, MD 21201

Contact for pricing
89,237 sqft 0.37 AC lot

Historic hotel totaling 89,237 SF, last renovated in 2005, with a 275-seat banquet room.

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Renovated Hotel in Shepherdstown, WV
Renovated Hotel in Shepherdstown, WV

70 Maddex Square Dr, Shepherdstown, WV 25443

Contact for pricing
1.75 AC lot

Recently renovated 51-room hotel on 1.75 acres for sale.

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Wingate by Wyndham Near BWI
Wingate by Wyndham Near BWI

829 Elkridge Landing Road, Baltimore, MD 21090

Contact for pricing
47,844 sqft

182-key hotel near BWI Airport with value-add potential.

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Frederick Commercial Property For Sale
Frederick Commercial Property For Sale

804-6 E South St, Frederick, MD 21701

$495,000

Two units with M2 zoning, potential for various uses.

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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.

Mixed-Use Commercial Land
Mixed-Use Commercial Land

Tract B FORBES Drive, Martinsburg, WV 25404

$199,000
1.31 AC lot

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

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Mixed-Use Commercial Land
Mixed-Use Commercial Land

Tract A FORBES Drive, Martinsburg, WV 25404

$199,000
1.80 AC lot

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

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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.

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
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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
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
17270 Vly Mall Rd
HOTEL

17270 Vly Mall Rd, Hagerstown, MD 21740-7099

Estimated value: by Request
68,617 sqft 1.84 AC lot
View details
1801 Dual Hwy
HOTEL

1801 Dual Hwy, Hagerstown, MD 21740-6649

Estimated value: by Request
48,952 sqft 2.76 AC lot
View details
17280 Vly Mall Rd
HOTEL

17280 Vly Mall Rd, Hagerstown, MD 21740-7099

Estimated value: by Request
62,940 sqft 1.93 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
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
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 Hotels Market Trends and Statistics

Explore 12 hotels for sale in Hagerstown, MD on our real estate platform.

Sale prices for resorts 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)

Property Size Breakdown

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

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