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!
For sale
$675,000
500 Salem Ave, Hagerstown, MD 21740
6beds
--baths
9,165sqft
Est.:
Multi Family
Built in 1900
-- sqft lot
$653,200 Zestimate®
$74/sqft
$-- HOA
What's special
- 22 days
- on Zillow |
- 232 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: July 09, 2025 at 04:23am
Listed by:
Roberto Gonzalez 301-991-0207,
RG Realty, Inc. 240-203-6393
Source: Bright MLS,MLS#: MDWA2030002

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- None, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 9,165
- Total interior livable area: 9,165 sqft
Property
Parking
- Parking features: On Street, Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.26 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2225009894
- Zoning: RMED
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Block, Brick
- Foundation: Brick/Mortar
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Hagerstown
- Municipality: Hagerstown
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $273,100
- Annual tax amount: $5,235
- Date on market: 7/9/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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