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500 508 Salem Ave

$675,000

500 508 Salem Ave, Hagerstown, MD 21740

Active
Last Updated: 10/22/2025

9,165 sqft

Building Size

1900

Year Built

Details:
Building Size:    9,165 sqft
Year Built:    1900
Price Per Sqft:    $73.65
Zoning:    RMED
Highlights:
  • Days on Market: 7
  • Heating: Baseboard - Electric
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.

Map:
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