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Back 500 Salem Avenue
Off Market

500 Salem Avenue

Hagerstown MD 21740

6
9165 sq. ft.
11240 sq. ft.
Other
Last sold for $550,000
Roberto GonzalezRoberto Gonzalez, last sold this property on 30 April 2026 after 294 days on market.

Overview

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!

Features

6 bedrooms
9165 sq. ft. floor area
11240 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 6 bedroom other properties sold in Hagerstown over the last 12 months.

Property history for 500 Salem Avenue

2026
Sold
$550,000
30 Apr 2026 by Roberto Gonzalez, of RG Realty, Inc.

Happy sellers in Hagerstown

75%
75% of sellers in Hagerstown reported that their sale price either exceeded or met their price expectations.

Hagerstown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 12 reviews in Hagerstown over the last 12 months.

Local market activity for 6 bedroom other properties in Hagerstown

Nearby agents

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Joaquin Cerritos

Joaquin Cerritos is a recommended agent for Hagerstown.  They have 5 local sales and collected 3 local reviews across the last 12 months.

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Mary Llewellyn

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