This exceptional 1,616 square foot assisted living facility in Hagerstown, Maryland, presents a unique investment opportunity. Situated on a peaceful 3.35-acre lot, this fully upgraded property boasts modern, energy-efficient systems and resident-centric amenities. Recent capital improvements exceeding $700,000 include a new 400-amp electrical system, updated plumbing, a state-of-the-art HVAC system with central A/C, heating, and steam humidity control, and a newly approved $70,000 septic system. The facility features circadian lighting (excluding kitchen and bathrooms) for resident well-being, custom trim work, radiant bathroom heating, insulated flooring, and ADA-compliant design with widened halls, doors, and accessible bathrooms. All nine bedrooms include closets, and pre-installed plates allow for future heated floor upgrades. The exterior boasts low-maintenance, fully wrapped and painted trim. Approved for up to 9 residents, the property offers significant expansion potential with approved space for future development alongside the building. A basement with framed spaces for three offices provides flexibility for administrative use or service expansion. Only kitchen completion is needed for immediate operation. This low-maintenance property, built in 1970, is designed for operational efficiency, regulatory compliance, and long-term growth, making it an ideal investment for the senior living market or similar uses. The property is located at 16202 National Pike, Hagerstown, MD 21740.
Highlights
$899,000 asking price for this 1,616 SF senior living facility.
Located at 16202 National Pike, Hagerstown, MD 21740.
Nine-bed facility built in 1970, offering significant upside potential.
Recently underwent $700,000 in capital improvements, including new electrical, plumbing, HVAC, and septic systems.
ADA-compliant design with widened hallways and accessible bathrooms.
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