500-508 Salem Avenue

ACTIVE UNDER CONTRACT

Listing courtesy of RG Realty, Inc. 3019910207

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.

© 2026 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of RG Realty, Inc.. Data last updated on Monday, March 16th, 2026 03:25:21 PM.

Data services provided by IDX Broker
MLS Logo

Price:675,000
Address:500-508 Salem Avenue
City:Hagerstown
County:Washington
State:Maryland
Zip Code:21740
MLS:MDWA2032216
Year Built:1900
Square Feet:9,165
Acres:0.26
Lot Square Feet:0.26 acres
Please sign up for a Listing Manager account below to inquire about this listing