431 Dual HwyHagerstown, MD 21740

This exceptional 5-story, 2.95-acre hotel in Hagerstown, Maryland, presents a unique redevelopment opportunity. Built in 1985, the property boasts a prime location on Dual Hwy, experiencing over 50,000 vehicles daily at a lighted intersection. The fee-simple ownership includes a substantial commercial component currently generating income. This component comprises a coffee shop, beauty salon, and three additional leasable commercial units, along with a diner and liquor store. A medical clinic adjacent to the property further enhances its desirability, currently leasing parking spaces. The existing structure offers significant potential for conversion into senior housing, assisted living facilities, or extended-stay apartments. Recent renovations have modernized aspects of the property, creating a solid foundation for future development. The property's size and location, combined with its existing commercial income stream, make it an attractive investment with significant upside potential. The asking price is $8,500,000. The property's address is 431 Dual Hwy, Hagerstown, MD 21740. This is a rare opportunity to acquire a substantial property in a high-traffic area with diverse redevelopment possibilities.