500 SALEM Avenue Hagerstown, MD 21740
- Added:
- Oct 16, 2025
- Days on Market:
- 173
- Last Refresh:
- Apr 6 at 9:06 am
Property Features for 500 SALEM Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street, Driveway
- Standard status
- Active Under Contract
- Size
- 9,165 SF
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5235
Utilities
- Heating system
- Electric (Heating), Baseboard
Building Details
- Year built
- 1900
- Number of units
- 4
- Building materials
- Block, Brick
Listing agent Roberto G. Gonzalez License #598229 (301) 991-0207
Listing office RG Realty, Inc. 12907 Oak Hill Avenue, SMITHSBURG, MD (240) 203-6393
Listing date Oct 16, 2025
MLS# MDWA2032214
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turnkey Investment Mixed-Use Property
This mixed-use property, spanning nearly 10,000 square feet, features a well-established bar business, Harman's Tavern, accompanied by a Class D Liquor License, as well as income-producing residential and retail units. The property includes eight total units, comprising retail space and spacious apartments, all currently occupied by long-term tenants. Located in Hagerstown, MD, the property offers a value-add investment opportunity with untapped income potential. The current rents are below market value, presenting an opportunity for immediate cash flow growth. The units are well-maintained, and strategic updates could lead to substantial appreciation. The property is situated on a 0.258-acre lot. This property is suitable for expanding an investment portfolio or capitalizing on the established business and rental income.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.72585
- Latitude
- 39.649
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with bar, liquor license, and residential units.
Where is this mixed-use property located?
The property is located at 500 SALEM Avenue Hagerstown, MD.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Turnkey investment opportunity with established bar business and real estate.; Includes a valuable Class D Liquor License.; Mixed‑use property with eight total units (retail and residential) generating income.
