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Property profile

15-19 Main St Hancock, MD 21750

OFF-MARKET
Mixed-use properties
5,295 SF 0.12 ac lot Built 1908
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Property summary

AI-generated overview

This 5,295 square foot mixed-use building at 15-19 W Main Street, Hancock, MD, presents a unique investment opportunity. Previously operating as a bar and sporting goods store with three residential rental units, the interior has been largely gutted, providing a blank slate for customization. The property sits on a 0.12-acre lot and benefits from its strategic location adjacent to the Western Maryland Rail Trail, a corridor with an estimated 100,000-140,000 annual passersby, promising high foot traffic. One of the three second-floor residential units requires minimal renovation to become immediately income-generating. The building's proximity to the C&O Canal and Potomac River, including a nearby boat launch, adds to its appeal. Hancock's welcoming business community and supportive atmosphere create an ideal environment for entrepreneurs. This property is perfect for a variety of uses, from revitalizing a previous business to establishing a new venture. The ample space and prime location offer limitless potential for a successful business. The asking price is $350,000.

Property profile

Verified
Property type Mixed-use properties
Year built 1908
Total area 5,295 SF
Lot 0.12 ac (5,227 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

15-19 Main St Hancock, MD 21750
Hancock metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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