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500 SALEM Avenue
HAGERSTOWN MD 21740 US

$675,000

Active Listing ID MDWA2032214
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Lot: 0.26 Acres
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$675,000

Active Listing ID MDWA2032214
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500 SALEM Avenue 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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Property Features

  • Facts
  • Lot Size: 0.26 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Heating Fuels: Electric (Heating), Baseboard

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 675000
  • unparsedaddress: 500 SALEM Avenue
  • postalcity: HAGERSTOWN
  • stateorprovince: MD
  • country: US
  • postalcode: 21740
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.26
  • lotsizeunits: Acres
  • lotsizearea: 0.26
  • livingarea: 9165
  • livingareaunits: Square Feet
  • latitude: 39.649
  • longitude: -77.72585
  • listagentfullname: Roberto G. Gonzalez
  • listagentemail: roberto@rgrealtyinc.com
  • listagentkey: 3yd-TRENDPA-124248
  • listagentmlsid: 124248
  • listagentpreferredphone: 3019910207
  • listagentofficephone: 2402036393
  • listofficekey: 3yd-TRENDPA-RGRE1
  • listagentstatelicense: 598229
  • listofficemlsid: RGRE1
  • disclaimer: Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1900
  • listingcontractdate: 2025-10-16
  • countyorparish: WASHINGTON
  • elementaryschooldistrict: WASHINGTON COUNTY PUBLIC SCHOOLS
  • middleorjuniorschooldistrict: WASHINGTON COUNTY PUBLIC SCHOOLS
  • highschooldistrict: WASHINGTON COUNTY PUBLIC SCHOOLS
  • constructionmaterials: Block, Brick
  • heating: Electric (Heating), Baseboard
  • numberofunitstotal: 4
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: On Street, Driveway
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -77.72585, 39.649
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"RG Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"roberto@rgrealtyinc.com", "ListBrokerageCity":"SMITHSBURG", "ListBrokerageCountry":"US", "ListBrokerageEmail":"jerry@rgrealtyinc.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"RG Realty, Inc.", "ListBrokeragePhone":"(240) 329-9454", "ListBrokeragePostalCode":"21783", "ListBrokerageStateOrProvince":"MD", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5 SOUTH MAIN ST", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"12907 Oak Hill Avenue ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"RGRE1", "ListOfficeCity":"Hagerstown", "ListOfficeCountry":"USA", "ListOfficeEmail":"jerry@rgrealtyinc.com", "ListOfficePostalCode":"21742", "ListOfficeStateOrProvince":"MD", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - HAGERSTOWN, MD", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/500-Salem-Ave_Hagerstown_MD_21740_M93013-55544?f=listhub&s=TRENDPA&m=MDWA2032214&c=rexren", "MLSModificationTimestamp":"2025-10-16 13:53:28", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":5235, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/16/2025 2:04:26 PM GMT
Source Updated Date: 12/13/2025 6:47:22 PM GMT

Courtesy of: Roberto G. Gonzalez, RG Realty, Inc., roberto@rgrealtyinc.com

Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.