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$675,000

Sold

8 months ago

MLS® MDWA2032216

Buyer represented by Unrepresented of Unrepresented

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $5,235
Approx. Age 1900
MLS® Number MDWA2032216

Property Address: 508-500-508 Salem Ave, HAGERSTOWN, MD, 21740-4665

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberMDWA2032216
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1900
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard - Electric, Electric
A/CNone, Electric

Extras

Price History

Jun 12, 2026End Date
$550,000Sold Price

Sold

Oct 16, 2025List Date
$675,000List Price
  • Commute

Commute

Starting Address
Destination Address
500-508 Salem Ave, HAGERSTOWN, MD

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