500 Salem Avenue Hagerstown, MD 21740
Mixed-use property with bar, retail, and residential units.
Type:Multi-Family / Fee Simple
Property size:
9,165 SF- Added:
- Oct 15, 2025
- Days on Market:
- 184
- Last Refresh:
- Mar 13 at 6:40 pm
Property Features for 500 Salem Avenue
General Information
- Standard status
- Active
- Size
- 9,165 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1900
Listing agent Roberto G. Gonzalez License #598229 (301) 991-0207
Listing office RG Realty, Inc. (301) 991-0207
Listing date Oct 15, 2025
Source Compass
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.
Overview
Turnkey Investment with Liquor License
This mixed-use property, spanning nearly 10,000 sq. ft., presents a turnkey investment opportunity with a well-established bar, a Class D Liquor License, and income-producing residential and retail units. The property features eight total units, including retail space and spacious apartments, all currently occupied by long-term tenants. Located in Hagerstown, Washington County, Maryland, the property offers potential for business and rental income. The units are well-maintained, presenting an opportunity for appreciation through strategic updates. The property is located within city limits and is part of the Washington County Public Schools district. Rents are currently below market value, offering an opportunity for immediate cash flow growth.
Location Intelligence
Current Use by Public Records
Bars & Pubs
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.7257637
- Latitude
- 39.6491253
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with bar, retail, and residential units.
Where is this mixed-use property located?
The property is located at 500 Salem Avenue 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 established bar business.; Includes an On/Off Class D Liquor License.; **Features eight total units: retail space and apartments, all currently occupied.**
