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Hancock Commercial Building with Potential
For Sale
$350,000

15-19 W MAIN STREET, Hancock, MD 21750

Versatile commercial building in Hancock, MD, ready for custom buildout.

Property Size5,300 SF
Lot Size0.12 Acres
Price / SF$66.04
Days on Market1017

Property Features for 15-19 W MAIN STREET

General Information

Standard status Active
Size 5,300 SF
Lot size 0.12 Acres
Property subtype Commercial/Industrial

Taxes and HOA fees

Annual Taxes $4,291

Building Details

Year Built 1908
Listing Agency: Roger Fairbourn Real Estate
Listed By: Eric Exline · License #5001172
Source: Exitrealty
Added: Oct 31, 2023 Changed: Aug 8 Last Checked: Aug 8 at 2:16PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Roger Fairbourn Real Estate

Investment Insights

Based on property information with market context.

Located in Hancock, Maryland, this commercial building offers approximately 5,300 square feet of versatile space. The property, formerly a bar and sporting goods store with three residential rental units, is now mostly gutted, providing a blank canvas for a custom buildout. One of the second-floor apartments requires minimal investment to generate monthly income. The building's location backs up to the Western Maryland Rail Trail, which sees between 100,000 and 140,000 people pass through annually. The property is also within walking distance of the C&O Canal and the Potomac River with a boat launch. The town of Hancock is known for its welcoming atmosphere and supportive business community. This property offers potential for various business opportunities.

Key Highlights

  • Prime location backing up to the Western Maryland Rail Trail, offering high foot traffic with 100,000‑140,000 annual visitors.
  • Approximately 5,300 square feet of versatile space, suitable for various business ventures.
  • Interior mostly gutted, providing a blank canvas for custom buildout and tailored design.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office Building Supply Big Box & Wholesale Store HVAC Service Law Firm Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

203
Businesses Nearby

Demographics for 21750, MD

3,662
Population
1,821
Households
2
Avg Household Size
46
Median Age
10%
College-Educated
92%
High-School Grad
61.6 sq mi
ZIP Area
59
Density / Sq Mi
$54,188
Median Household Income
$42,936
Median Earnings
$972
Median Rent
$212,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile commercial building in Hancock, MD, ready for custom buildout.
Where is this mixed-use property located?
The property is located at 15-19 W MAIN STREET Hancock, MD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime location backing up to the Western Maryland Rail Trail, offering high foot traffic with 100,000‑140,000 annual visitors.; Approximately 5,300 square feet of versatile space, suitable for various business ventures.; Interior mostly gutted, providing a blank canvas for custom buildout and tailored design.
More about this property
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