Bring your imagination. Open a Brewery, A Daycare, A Restaurant an Inn. There is an occupied 3 Bedroom apartment on the top floor. Nestled in a serene rural setting, this charming property offers a unique investment opportunity with significant potential for returns. Built in 1960, the expansive 0.76-acre lot provides ample space for future development or enhancements, making it an attractive option for savvy investors looking to capitalize on the growing demand for rural living. The property is easily accessible, with a dedicated parking lot that enhances convenience for visitors or tenants. Its tranquil surroundings create an inviting atmosphere, perfect for those seeking a peaceful retreat while still being within reach of urban amenities. The rural location not only offers a respite from the hustle and bustle but also positions the property as a desirable option for individuals and businesses looking to escape city life. Investors will appreciate the potential for rental income, as the area continues to attract those drawn to the charm of rural living. With the right vision, this property can be transformed into a thriving venture, whether as a residential rental, vacation getaway, or even a small business hub. The possibilities are endless, and the potential for appreciation in this tranquil setting is promising. Seize this opportunity to invest in a property that combines comfort, charm, and the potential for returns.
Prime 14+ Acre Development Opportunity in Hancock, Zoned Town Center! Unlock the full potential of this exceptional 14+ acre property located along bustling Pennsylvania Avenue in Hancock, Maryland. With its high visibility and constant traffic flow, this property offers a rare and valuable opportunity for developers, investors, and visionaries alike. Zoned Town Center, the land provides incredible flexibility for a wide range of uses including residential, commercial, mixed-use, offices, retail, restaurants, clubs, and much more as outlined in the town’s zoning ordinance. Whether you envision a thriving commercial plaza, a modern residential community, or a dynamic mixed-use destination, this land provides the foundation for your vision to become reality. A large existing barn remains on the property, offering the potential to be creatively repurposed as part of a development plan or removed to create a completely clean slate for new construction. With over 14 acres of versatile land and an unbeatable location in the heart of town, the possibilities are truly endless. The property’s prime location along Pennsylvania Avenue ensures excellent visibility, easy accessibility, and a high daily traffic count, making it ideal for nearly any project. This is more than just land — it’s an opportunity to shape the future of Hancock’s Town Center. Don’t miss your chance to secure one of the most versatile and strategically located properties in the area.
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.
Hancock is located in Maryland. Hancock, Maryland has a population of 1,622. Hancock is more family-centric than the surrounding county with 27.91% of the households containing married families with children. The county average for households married with children is 27.41%.
The median household income in Hancock, Maryland is $43,713. The median household income for the surrounding county is $67,349 compared to the national median of $69,021. The median age of people living in Hancock is 39.1 years.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 39.4 inches per year, with 21.3 inches of snow per year.
