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    7 Taney St Hancock, MD 21750

    Sponsored
    For Sale
    $385,000

    Historic B&B or Single Family Home

    Property size:
    3,780 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This charming 3,780 sq ft property in historic Hancock, MD, presents a unique opportunity. Previously a successful bed and breakfast, it offers five en-suite bedrooms, each with its own bathroom, ideal for continued hospitality use. The main level features three en-suite bedrooms, one with a stone fireplace, and a kitchen with a breakfast room overlooking the C&O Canal. An expansive gathering room with an attached balcony provides breathtaking canal and bike trail views. The property boasts hardwood floors throughout, laundry facilities, and secure bike storage. An ADA-certified bedroom on the main level ensures accessibility. Situated on a 0.06-acre lot, it offers direct access to the C&O Canal towpath and bike trails, with the national park running through the property. The location is convenient to Main Street and offers proximity to numerous attractions including museums, galleries, and the Western Maryland Rail Trail. The property is being sold "AS IS". This is a rare chance to own a piece of Hancock's rich history and natural beauty. The property's versatility allows for use as a single-family home or a thriving bed and breakfast.

    Property Features for 7 Taney St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,780 SF
    Lot Size
    2,614 SF

    Building Details

    Year Built
    1878
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -78.18002
    Latitude
    39.69833

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    FAQs

    What type of property is this?
    Commercial real estate - Historic B&B or Single Family Home
    Where is this commercial real estate located?
    The property is located at 7 Taney St Hancock, MD.
    What is the asking price?
    The asking price for this property is $385,000.
    (410) 465-1770
    Request Owner's contact information
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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

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    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
    7 Taney St Hancock, MD 21750
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