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 and Business with Class D Liquor License Harman’s Tavern presents a true 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. Whether you are expanding a portfolio or seeking stable income with room to grow, this offering is a rare find. Schedule your private tour today.

Listing Highlights for 500 500-508 Salem Ave

Status Active
Days on Site 17
Property Type Commercial Sale
MLS ® MDWA2032216
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

Payment Calculator

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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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