500 508 Salem Ave
$675,000
500 508 Salem Ave, Hagerstown, MD 21740
9,165 sqft
Building Size
1900
Year Built
Details:
Highlights:
- Days on Market: 126
- Heating: Baseboard - Electric
Description:
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!
Location
Gallery
