500 Salem Ave, Hagerstown, MD 21740

Hagerstown
Local realty services provided by:ERA Reed Realty, Inc.
500 Salem Ave,Hagerstown, MD 21740
$675,000
  • 6 Beds
  • - Baths
  • 9,165 sq. ft.
  • Multi-family
  • Pending
Listed by: roberto g. gonzalez
Office: rg realty, inc.
MLS#:MDWA2032214
Source:BRIGHTMLS

Price summary

  • Price:$675,000
  • Price per sq. ft.:$73.65

About this home

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!

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Home facts

  • Year built:1900
  • Listing ID #:MDWA2032214
  • Added:308 day(s) ago
  • Updated:May 14, 2026 at 07:41 AM

Rooms and interior

  • Bedrooms:6
  • Living area:9,165 sq. ft.

Heating and cooling

  • Heating:Baseboard - Electric, Electric

Structure and exterior

  • Year built:1900
  • Building area:9,165 sq. ft.
  • Lot area:0.26 Acres
  • Construction Materials:Block, Brick
  • Foundation Description:Brick/Mortar

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$675,000
  • Price per sq. ft.:$73.65
  • Tax amount:$5,235 (2024)

Parking

  • Parking description:On Street

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