16202 National PikeHagerstown, MD 21740

Property Details for 16202 National Pike

Year built

1970

Property size (Sq ft)

1,616 SF

Property type

Healthcare properties

Property subtype

Retirement homes

Description

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.

Location Insight

City

Hagerstown

County

Washington

State

Maryland

Latitude

39.6521

Longitude

-77.8095

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