500-508 Salem Ave, Hagerstown, MD 21740

Building Details

Year Built

1900

Listing agent ROBERTO G. GONZALEZ License #598229

Listing office RG REALTY, INC. r***@rgrealtyinc.com Show Phone

Listing date Oct 16, 2025

Source Corcoran

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 RG REALTY, INC.

Report an issue

---

Overview

Harman’s Tavern presents a value-add opportunity, pairing a well-established bar with a Class D Liquor License and income-producing residential and retail units. The mixed-use building totals nearly 10,000 square feet and includes eight units, a retail space, and spacious apartments, all occupied by long-term tenants. Rents are significantly below market, as the owner has never increased them, creating immediate upside in cash flow. The units are well-maintained, and thoughtful updates could support meaningful appreciation. This offering is located in Hagerstown, MD.

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

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

Similar Places Nearby

• TGI Fridays — 17840 Garland Groh Blvd, Hagerstown, MD 21740

Location Insight

• Map
• Local Demand

City

Hagerstown

County

Washington

State

Maryland

Longitude

-77.7258

Latitude

39.6491

Nearby Similar for Sale

• 

  $2,890,000

  9,859 SF

  Turnkey Multifamily Investment Opportunity

  Fully occupied, renovated 17-unit multifamily property in Hagerstown, MD.

  15149 BLOYERS Avenue, HAGERSTOWN, MD 21740

  View Details
• 

  $2,490,000

  34,720 SF

  HAGERSTOWN Redevelopment Opportunity

  Downtown commercial building with adaptive reuse potential in Hagerstown, MD.

  72 W WASHINGTON Street, HAGERSTOWN, MD 21740

  View Details
• 

  $250,000

  7,800 SF

  Downtown Hagerstown Commercial Opportunity

  Versatile commercial space near downtown Hagerstown with flexible layout.

  35 E WASHINGTON ST, HAGERSTOWN, MD 21740

  View Details
• 

  $625,000

  6,568 SF

  HAGERSTOWN Multifamily Investment Opportunity

  Fully rented five-unit property near City Park in HAGERSTOWN, MD.

  601 HIGHLAND Way, HAGERSTOWN, MD 21740

  View Details
• 

  $284,900

  1,724 SF

  Hagerstown Duplex with Rental Income

  Fully rented duplex with income and upside potential.

  904 - 906 CHESTNUT Street, HAGERSTOWN, MD 21740

  View Details
• 

  $1,250,000

  Radio Station on 6.75 Acres

  Commercial property with radio station, licenses, and broadcasting equipment.

  1135 HAVEN RD, HAGERSTOWN, MD 21742

  View Details
• 

  $649,000

  4,811 SF

  HAGERSTOWN Multi-Unit Investment Opportunity

  Five-unit apartment building overlooking the new Meritus Baseball Park.

  165 SUMMIT Avenue, HAGERSTOWN, MD 21740

  View Details
• 

  $574,900

  4,666 SF

  HAGERSTOWN Multifamily Investment Opportunity

  Five-unit property near Hagerstown City Park, fully rented.

  671 HIGHLAND Way, HAGERSTOWN, MD 21740

  View Details
• 

  $384,900

  2,904 SF

  Hagerstown Triplex: Investment Opportunity

  Fully occupied triplex across from Hagerstown City Park.

  428 VIRGINIA Avenue, HAGERSTOWN, MD 21740

  View Details
• 

  $279,000

  1,998 SF

  Three-Unit Residential Income Property

  Fully occupied three-unit building with simple 1-bedroom layout and current rental licensing documentation.

  106 RANDOLPH Avenue, HAGERSTOWN, MD 21740

  View Details
• 

  $575,000

  4,316 SF

  Turnkey 5-Unit Investment Property

  Fully rented 5-unit building with value-add potential in Hagerstown, MD.

  16 S MULBERRY Street, HAGERSTOWN, MD 21740

  View Details
• 

  $675,000

  1,428 SF

  Hagerstown Multi-Unit Investment Opportunity

  Four residential units plus a garage on nearly one acre.

  9947 CROSSFIELD Road, HAGERSTOWN, MD 21740

  View Details

FAQs

What type of property is this?

Bar & Pub - Established bar with income-producing residential and retail units for sale.

Where is this bar & pub located?

The property is located at 500-508 Salem Ave 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 including real estate and business.; Includes a Class D Liquor License.; Mixed‑use building with bar, retail space, and residential apartments.