FOR SALE $1,900,000 - Special purpose property
535 Summit Avenue Discover a prime investment opportunity at 535 Summit Avenue, Hagerstown, Maryland 21740. Located in the heart of Hagerstown, directly across from City Park, this historic two-story brick building offers unmatched commercial potential. Once a thriving childcare center, the building sits on a spacious 2.67-acre lot and offers over 24,000 sq ft of versatile commercial space, including a finished basement.
Prime Location in Hagerstown, Maryland
Strategically situated at the intersection of Virginia Avenue and City Park Drive in Southwest Hagerstown, the property benefits from superb connectivity. Easily accessible through a network of local and county roads, as well as major highways like Interstate 70 and U.S. Route 40, its location makes it a regional commercial hub.
Versatile Commercial Space
The existing layout features a broad central corridor, six large classrooms, administrative offices, and dual restrooms on both floors, making it adaptable for various commercial uses. Additional features include a substantial fenced outdoor area and ample paved parking.
Luxury Hotel Concept: Surrey Hill Hotel
The current owner has invested in a comprehensive market study and conceptual plans for a proposed luxury hotel, dubbed the Surrey Hill Hotel. This design spans 34,000 sq ft and includes 26 luxury guest rooms, a top-tier holistic spa, a gourmet public restaurant, and an intimate bar that opens onto a vast stone patio.
Architectural Heritage
The design aims to expand the building with four extensions that harmonize with its original Neoclassical Revival architecture. The building itself boasts quintessential neoclassical features like high ceilings, expansive windows, and broad corridors.
Historical Significance
Originally the Surrey School, built in 1908, this site has served the Hagerstown community for over a century. After its time as a public school, it functioned as a childcare facility for nearly three decades. As of 2021, plans are in motion to repurpose it into a boutique hotel and spa, complementing Hagerstown’s ongoing urban revitalization.
Unveil the Opportunity
This valuable investment opportunity comes complete with a full market study available for qualified buyers. Don’t miss the chance to contribute to Hagerstown’s burgeoning commercial landscape.
For more information, call Roberto Gonzalez
