228-230 Summit Ave, HAGERSTOWN
$675,000 - 6,400 Sf
MLS® # MDWA2027594
500-508 Salem Ave, HAGERSTOWN
$675,000
0 Beds
0 Baths
9,165 Sqft
.26 Acres
0 Garages
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.
Essential Information
MLS® #MDWA2027270
Price$675,000
Bathrooms0.00
Square Footage9,165
Acres0.26
Year Built1900
TypeCommercial Sale
Sub-TypeFive Or More Units
StatusActive
Community Information
Address500-508 Salem Ave
CityHAGERSTOWN
CountyWASHINGTON-MD
StateMD
MunicipalityHagerstown
Zip Code21740
Interior
HeatingBaseboard - Electric
CoolingNone
Exterior
ExteriorBlock, Brick and Siding
District
WASHINGTON COUNTY PUBLIC SCHOOLS
Additional Information
ZoningRMED
Listing Details
OfficeRG Realty, Inc.
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Listing information last updated on May 17th, 2025 at 10:03am EDT.
