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Hagerstown, MD Schools 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.
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Educational Campus with Income Potential
Updated: Jan 19, 2024
Educational Campus with Income Potential

Crestwood Dr, Hagerstown, MD 21742

Contact for pricing
54,288 sqft 7.28 AC lot
7.28 acre campus with three buildings ideal for educational institutions or investors.
25,688 sq ft admin/classroom building recently renovated in 2021.**
13,900 sq ft training/office building currently leased with lease option until 2028.
Dormitory/apartment building with potential for conversion to traditional apartments and increased rental income.
Below‑market seller financing available to qualified buyer.
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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 8 Potential Opportunities for your consideration. Besides 2 Active listings in Hagerstown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Religious and Educational Facility
Religious and Educational Facility

4900 EDMONDSON AVENUE, Baltimore, MD 21229

$1,799,000
40,160 sqft 1.69 AC lot

Five-section church and school complex on a high-traffic corner, zoned for primary and secondary education, with paved parking.

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Development Parcel with Educational Buildings
Development Parcel with Educational Buildings

6712 Dogwood Rd, Baltimore, MD 21207

$499,900
1,743 sqft

A 1.3-acre DR5.5-zoned parcel with a converted classroom/office building, three trailer-style classrooms, and on-site parking.

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Day Care Center with NNN Lease
Day Care Center with NNN Lease

5003 Westone Plaza, Chantilly, VA 20151

Contact for pricing
21,222 sqft

Purpose-built educational facility with I-3 zoning, full occupancy, and a corporate-backed lease structure.

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Chantilly Education Facility Investment Opportunity
Chantilly Education Facility Investment Opportunity

43181 Amberwood Plz, Chantilly, VA 20152

$8,975,000
9,888 sqft 1.07 AC lot

9,888 SF education facility with long-term lease and zero landlord responsibilities.

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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.

Hagerstown, MD Schools Market Trends and Statistics

Explore 4 schools for sale in Hagerstown, MD on our real estate platform. These investment opportunities span a total of 54,288 square feet of properties for sale, with an estimated market value of $1,299,999.

Sale prices for school buildings & campuses 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

1031 exchange properties 2
Schools 2
Churches & religious facilities 1
NNN properties 1
Wedding venues 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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