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16202 National Pike Hagerstown, MD 21740

Sponsored
For Sale
$899,000

Turn-key, 9-resident assisted living.

Property size:
2,178 SF

Description

Added:
Feb 3, 2025
Days on Market:
346
This exceptional assisted living facility in Hagerstown, MD, presents a unique investment opportunity. The property, located at 16202 National Pike, boasts 2,178 square feet of meticulously upgraded space situated on a serene 2.82-acre lot. Recently undergoing significant capital improvements totaling approximately $700,000, the facility is fully operational and ready for immediate occupancy. These upgrades encompass a complete overhaul of the electrical system, now featuring a robust 400-amp service, as well as a comprehensive update to the plumbing infrastructure. A brand-new HVAC system, including central air conditioning, heating, and steam humidity control, ensures optimal comfort and efficiency. The property also features a newly approved septic system valued at $70,000, eliminating potential future expenses. Currently licensed to accommodate up to nine residents via special exception, this facility offers a comfortable and modern environment tailored to high-quality senior care. Its convenient location near essential services and major highways adds to its appeal. This is a rare chance to acquire a fully operational, high-return assisted living facility with minimal upfront investment needed. The property is priced at $899,000.

Property Features for 16202 National Pike

General Information

Property type
Other commercial real estate
Square Feet
2,178 SF
Lot Size
122,839 SF

Building Details

Year Built
1970

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Dental Office Wholesale Shop Auto Repair Shop Nail Salon Hotel & Motel Auto Parts Store Discount Store Bakery Wine and Liquor Store Bed & Breakfast

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Hagerstown
County
Washington
State
Maryland
Longitude
-77.80946
Latitude
39.65213

FAQs

What type of property is this?
Commercial real estate - Turn-key, 9-resident assisted living.
Where is this commercial real estate located?
The property is located at 16202 National Pike Hagerstown, MD.
What is the asking price?
The asking price for this property is $899,000.
More about this property
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