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Mixed-Use Property with Residential Units
For Sale
$335,000

1519 MAIN STREET, Hancock, MD 21750

Partially gutted commercial space includes three residential rental units and supports a customized interior buildout.

Property Size5,295 SF
Price / SF$63.27
Days on Market1023

Property Features for 1519 MAIN STREET

General Information

Standard status Active
Size 5,295 SF
Property subtype Mixed Use

Taxes and HOA fees

Annual Taxes $4,291

Amenities

A/C - Other
3
Parking.
Driveway, On Street.
Other.

Building Details

Year Built 1908
Listing Agency: ROGER FAIRBOURN NEXTGEN REALTY
Listed By: Eric Exline · License #RSR003854
Source: Xome
Added: Nov 15, 2023 Changed: Sep 1 Last Checked: Sep 2 at 3:40PM

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 NEXTGEN REALTY

Investment Insights

Based on property information with market context.

Built in 1908, this mixed-use property combines approximately 5,295 square feet of commercial and residential space. The majority of the interior has been gutted, creating a flexible starting point for a new configuration. The building previously accommodated a bar, a sporting goods store, and three residential rental units; one second-floor apartment is described as requiring minimal investment before generating monthly income.

The property backs onto the Western Maryland Rail Trail, which draws between 100,000 and 140,000 people annually. The C&O Canal and the Potomac River, including a boat launch, are within walking distance. Located at 1519 Main Street in Hancock, Maryland, the building also offers parking and on-street parking access.

Key Highlights

  • Approximately 5,295 square feet of mixed‑use space
  • Three residential rental units, including one second‑floor apartment requiring minimal investment
  • Majority of the interior has been gutted for a new buildout

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Repair Shop Electrical Service Plumbing Service Auto Parts Store Garden Center Kitchen & Bath Showroom

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

26
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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Partially gutted commercial space includes three residential rental units and supports a customized interior buildout.
Where is this mixed-use property located?
The property is located at 1519 MAIN STREET Hancock, MD.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Approximately 5,295 square feet of mixed‑use space; Three residential rental units, including one second‑floor apartment requiring minimal investment; Majority of the interior has been gutted for a new buildout
More about this property
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