About 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.
Features of 500-508 Salem Ave
| MLS® # | MDWA2032216 |
|---|---|
| Price | $675,000 |
| Bathrooms | 0.00 |
| Square Footage | 9,165 |
| Acres | 0.26 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Five Or More Units |
| Status | Active |
Community Information
| Address | 500-508 Salem Ave |
|---|---|
| City | HAGERSTOWN |
| County | WASHINGTON-MD |
| State | MD |
| Municipality | Hagerstown |
| Zip Code | 21740 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | None |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Block, Brick and Siding |
|---|
School Information
| District | WASHINGTON COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | October 16th, 2025 |
|---|---|
| Days on Market | 4 |
| Zoning | RMED |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | RG Realty, Inc. |
|---|