431 Dual HwyHagerstown, MD 21740

Property Details for 431 Dual Hwy

Year built

1962

Lot size

4.64 AC

Property size (Sq ft)

8,280 SF

Zone code

CG

Property type

Other commercial real estate

APN

17-015575

APU

17015575

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $2,255,722

  Hospitality

  $2,066,229

  Educational

  $1,719,078

  Medical

  $1,778,200

  Retail

  $2,674,122

Location Insight

City

Hagerstown

County

Washington

State

Maryland

Latitude

39.6373

Longitude

-77.7113

CBSA code

25180

CBSA name

HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].