Back to search
500-508 Salem Avenue Hagerstown, MD $ 675,000
Share Save
$ 675,000 Get more info
500-508 Salem Avenue
$ 675,000
Back to search
Share Save

500-508 Salem Avenue

Hagerstown, MD, 21740
$ 675,000
Bedrooms-- Baths-- Sq 9,165

Monthly Estimate*

$ 4,211

500-508 Salem Avenue, Hagerstown, MD 21740 - Image 1
500-508 Salem Avenue, Hagerstown, MD 21740 - Image 2
500-508 Salem Avenue, Hagerstown, MD 21740 - Image 3
500-508 Salem Avenue, Hagerstown, MD 21740 - Image 4
500-508 Salem Avenue, Hagerstown, MD 21740 - Image 5
500-508 Salem Avenue, Hagerstown, MD 21740 - Image 6
500-508 Salem Avenue, Hagerstown, MD 21740 - Image 7
500-508 Salem Avenue, Hagerstown, MD 21740 - Image 8

Commercial Property for sale in Hagerstown, MD

for $675,000. This 9,165 square foot building was built in 1900 on a lot size of 0.26.

Turnkey Investment, Real Estate and Business with Class D Liquor License Harmans 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.

See more
Commercial Active

Price

$ 675,000

Property Type

Commercial

Taxes

$ 5,235

Style

Apartment Building,/General Retail,Restaurant/Bar

Lot Size

0.26

Year Built

1900

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2032216
Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
See more
General
Sewer Public Sewer
Heating Baseboard - Electric
Cooling None
Possession Settlement
Zoning RMED
Construction Materials Block Brick
Year Built 1900
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality Hagerstown
Business Type Apartment Building Other/General Retail Restaurant/Bar
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City HAGERSTOWN
Number Of Units Total 8
Lot Size Units Square Feet
Lot Size Square Feet 11240.00
Tax Annual Amount 5235.0
Price Per Sq Ft Total AG 73.65
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
See more
Exterior
Water Source Public
Type of Parking On Street Driveway
Water View Y/N N
Building Area Total 9165.00
Lot Size Acres 0.26
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
See more
Internal Only
Street Number 1 500
See more
* Excluded Features
List By
Rg Realty, Inc.

Broker

roberto@rgrealtyinc.com

Email

Affordability Calculator

$4,647
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,211
Monthly Property Taxes
$436
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/16/2025$675,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

500-508 Salem Avenue, Hagerstown, MD, 21740 is a Commercial Property for sale at $675,000 with 9,165 sqft and a lot size of 0.26. 500-508 Salem Avenue was built in 1900. The property's zip code is 21740 which is in Hagerstown, MD

Get more info