500-508 Salem Ave, Hagerstown, MD 21740

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$550,000
List Price
$675,000
Closing Date
Apr 30, 2026
Days on Market
118
Status
CLOSED
MLS#
MDWA2032216
Lot Size (Acres)
0.26
Year Built
1900
County
Washington
School District
Washington County Public Schools

Property 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.

Additional Information

School District
Washington County Public Schools
Heating
Electric Baseboard
Cooling
None
Water
Public
Sewer
Public Sewer

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RG Realty, Inc.. Contact:

Selling Office: Unrepresented.