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    15-19 Main St Hancock, MD 21750

    Sponsored
    For Sale
    $350,000

    Versatile 5,295 sq ft building, prime location.

    Property size:
    5,295 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This 5,295 square foot mixed-use building at 15-19 W Main Street, Hancock, MD, presents a unique investment opportunity. Previously operating as a bar and sporting goods store with three residential rental units, the interior has been largely gutted, providing a blank slate for customization. The property sits on a 0.12-acre lot and benefits from its strategic location adjacent to the Western Maryland Rail Trail, a corridor with an estimated 100,000-140,000 annual passersby, promising high foot traffic. One of the three second-floor residential units requires minimal renovation to become immediately income-generating. The building's proximity to the C&O Canal and Potomac River, including a nearby boat launch, adds to its appeal. Hancock's welcoming business community and supportive atmosphere create an ideal environment for entrepreneurs. This property is perfect for a variety of uses, from revitalizing a previous business to establishing a new venture. The ample space and prime location offer limitless potential for a successful business. The asking price is $350,000.

    Property Features for 15-19 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,295 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1908
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hancock
    County
    Washington
    State
    Maryland
    Longitude
    -78.17889
    Latitude
    39.6987

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile 5,295 sq ft building, prime location.
    Where is this mixed-use property located?
    The property is located at 15-19 Main St Hancock, MD.
    What is the asking price?
    The asking price for this property is $350,000.
    (301) 733-4183
    Request Owner's contact information
    15-19 Main St Hancock, MD 21750
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    Hancock, MD 21750
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15-19 Main St Hancock, MD 21750
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