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$565,000 -$10,000 (-1.74%) Price Reduced
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Property Description
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.
Full Property Details
Full Property Details for Pennsylvania Ave
General
- Price: $565,000
- Taxes: $1,669 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2032594
- Updated: 1/14/2026
- Added to Site: 70 day(s) ago
Business
- Business Type: Apartment Building, Auto Related, Banquet Facility/L
Parking
- Total Spaces: 40
- Parking Type: Parking Lot
Location
- Municipality: Hancock
- County: WASHINGTON
- Driving Directions: Main St. to North on Pennsylvania Ave, property on the left.
- City Limits: Yes
School Information
- Elementary School: Hancock
- Middle School: Hancock Middle Senior High School
- High School: Hancock Middle Senior
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Structural Information
- Construction: Other
- Year Built: 1492
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 14.84
- Lot Size (Sq. Ft.): 646,430
- Lot Size Source: Assessor
- Zoning: U
Financial Considerations
- Assessment Year: 2025
- City/TownTax: $604
- City/TownTax Freq: Annually
- County Tax: $1,064
- County Tax Freq: Annually
- Tax w/Assessment: $116,300
- Tax Amount: $1,669
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by Roger Fairbourn Real Estate, Eric Paul Exline
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Price & Sales History for Pennsylvania Ave
Date
Details
Price
Change
Source
1/14/2026
Price Reduced
$565,000
-1.74%
MLS
11/07/2025
Listed
$575,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for Pennsylvania Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,022
—
$116,300
2%
2023
$1,022
—
$114,000
2%
2023
$1,022
—
$111,700
—
2022
$1,022
-2%
$111,700
—
2021
$1,040
—
$111,700
—
2020
$1,044
—
$111,700
—
2019
$1,044
—
$111,700
—
2018
$1,044
—
$111,700
—
2017
$1,044
—
$111,700
—
2016
$1,044
—
$111,700
—
2015
$1,044
1%
$111,700
1%
2014
$1,037
—
$110,867
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for Pennsylvania Ave
Pennsylvania Avenue, Hancock, MD 21750 (MLS# MDWA2032594) is a Apartment property. Pennsylvania Avenue is currently listed for $565,000 and was received on November 07, 2025. Want to learn more about Pennsylvania Avenue? Do you have questions about finding other Apartment real estate for sale in Hancock? You can browse all Hancock real estate or contact a Coldwell Banker agent to request more information.

