The median home value in Hancock, MD is $246,250.
This is
higher than
the county median home value of $235,000.
The national median home value is $308,980.
The average price of homes sold in Hancock, MD is $246,250.
Approximately 48% of Hancock homes are owned,
compared to 39% rented, while
13% are vacant.
Hancock real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Hancock real estate agent to arrange a tour
today! Learn more about Hancock Real Estate.
Exciting Investment Opportunity â Gas Station & Subway with Potential! Previously a gas station, this property boasts a prime location presenting an excellent opportunity for a revitalization project. Situated near Sheetz, a public park, and with easy access to I-70 & Route 68, this street-facing property is loaded with potential. Whether you're looking to bring your business to a high-traffic area or embark on a new venture, these two properties totaling .82 acres provides a strategic and well-connected location. Once an operating gas station featuring a SUBWAY restaurant and convenience store, this property comes with the added advantage of being a MOBIL brand. The assumable Subway franchise, with all equipment conveying, further enhances the business opportunity. Although not in operation with the gas tanks removed, the gas station holds immense potential to service the area with gas and diesel, attracting weekend tourist traffic and local customers. Don't miss this opportunity to invest in a strategically located property with the flexibility to shape your vision. Explore the possibilities and make this property the next success story in the area!
Commercial Storefront with Rental Units - Prime Location in Hancock Welcome to a lucrative investment opportunity in the heart of Hancock, conveniently situated on Main Street. This versatile property boasts a commercial storefront on the ground floor, accompanied by two rental units, catering to both long-term and short-term tenants. Key Features: Commercial Storefront: The ground floor features a spacious commercial storefront, ideal for retail, office space, or any business venture. With high visibility on Main Street, this space presents an excellent opportunity for entrepreneurs seeking a prime location to establish their business. Permanent Rental Unit Upstairs: Upstairs, a permanent rental unit offers a steady stream of income. Boasting comfort and convenience, this unit appeals to tenants seeking long-term accommodation in the bustling town of Hancock. 1-Bedroom Efficiency for Daily Rentals: Additionally, a charming 1-bedroom efficiency unit caters to the burgeoning tourism industry in Hancock. Perfect for short-term rentals, this unit provides a cozy retreat for outdoor enthusiasts exploring nearby attractions such as the Rail to Trails, C&O Canal, and Potomac River. Location Highlights: Proximity to Outdoor Attractions: Situated close to the Rail to Trails, C&O Canal, and Potomac River, this property is a haven for outdoor enthusiasts. Whether it's hiking, biking, or kayaking, tenants will relish the abundant recreational opportunities right at their doorstep. Main Street Convenience: With a coveted position on Main Street, tenants enjoy easy access to local shops, restaurants, and amenities. The vibrant atmosphere of downtown Hancock adds to the appeal for both residents and visitors alike. Income Opportunities and Potential: Triple Income Stream: Benefit from three distinct income streams - commercial rental, permanent residential rental, and short-term vacation rental - maximizing the earning potential of this property. Expansion Possibilities: With its prime location and versatile layout, there's ample potential for future expansion or enhancement of the property, ensuring long-term profitability. Don't miss out on this exceptional investment opportunity offering multiple income avenues in a prime location. Seize the chance to capitalize on the thriving market of Hancock and secure your financial future today!
Prime Commercial Building with Limitless Potential in Hancock, MD Welcome to an incredible investment opportunity in the heart of Hancock, Maryland! This spacious commercial building, boasting just under 5,300 square feet, was previously a popular bar and sporting goods store with three residential rental units. With most of the interior already gutted, this property is ready for your custom buildout to bring your vision to life. Property Features: Approximately 5,300 square feet of versatile space, providing ample room for your business ideas. The majority of the interior has been gutted, offering a blank canvas for your custom buildout, making it easy to tailor the space to your specific needs. Previous owners had three residential rental units, one of the second-floor apartments requires only minimal investment to start generating monthly income. Nestled in a prime location, the building backs up to the Western Maryland Rail Trail, where between 100,000 and 140,000 people pass through each year. This offers an incredible opportunity for foot traffic and potential customers. Take advantage of and enjoy the proximity to the scenic C&O Canal and the Potomac River with a boat launch, both within walking distance of the building, making it an ideal location for outdoor enthusiasts. The town of Hancock is known for its welcoming atmosphere and supportive business community, making it an ideal place to realize your entrepreneurial dreams. Opportunity Awaits: Whether you're looking to revitalize a once-thriving bar, start a new sporting goods store, or explore other business opportunities, this property offers endless potential. Hancock's ideal location, coupled with the strong community support, makes it the perfect place to turn your vision into a thriving reality. Don't miss out on this exceptional opportunity to shape the future of this historic building.
