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Marjorie Dick Stuart

  • Cell 240-731-8079
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500-508 Salem Ave, HAGERSTOWN, MD – $675,000

  • $675k Price
  • 9,165 Sqft
  • .26 Acres
  • 27 DOM
  • $675k Price
  • 9,165 Sqft
  • .26 Acres
  • 27 DOM

500-508 Salem Ave

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.

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Essential Information

  • MLS® #MDWA2032216
  • 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
  • ConstructionBlock, Brick

Additional Information

  • Date ListedOctober 16th, 2025
  • Days on Market27
  • ZoningRMED

Listing Details

  • OfficeRG Realty, Inc.
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Listing information last updated on November 13th, 2025 at 3:41pm CST.