500 500-508 Salem Ave

Hagerstown, MD 21740
  • $675,000

    Price
  • 0

    Bed
  • Bath
  • 9,165

    SqFt

About the Listing RGRE1 - 124248

Turnkey Investment – Real Estate & Business with On/Off class D Liquor License! Discover a true value-add investment with Harman’s Tavern, a well-established bar accompanied by a Class D Liquor License and income-producing residential and retail units. Spanning nearly 10,000 sq. ft., this mixed-use property offers eight total units, including retail space and spacious apartments – all currently occupied by long-term tenants. Untapped Income Potential! Rents have remained significantly below market value, as the current owner has never raised them. This presents a prime opportunity for immediate cash flow growth. The units are well-maintained, and with strategic updates, this property could see substantial appreciation. Whether you're looking to expand your portfolio or capitalize on the established business and rental income, this property is a rare find. 📞 Schedule your private tour today!

Listing Highlights for 500 500-508 Salem Ave

Status Active
Days on Site 196
Property Type Commercial Sale
MLS ® MDWA2027270
Year Built 1900
Total Square Footage 9,165
Lot/Acreage 0.26

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Baseboard - Electric
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Zoning: RMED
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: On Street,Driveway,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $5,235
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2024

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Listing Location

Questions About..

500 500-508 Salem Ave Hagerstown, MD 21740

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Originating MLS: BRIGHT_MAIN

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