Conventional Restaurant

Hagerstown, MD Conventional Restaurants for Sale

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Funkstown, MD Smithsburg, MD Williamsport, MD State Line, PA Greencastle, PA Fairplay, MD Falling Waters, WV Clear Spring, MD
Equipped Restaurant Building
Updated: Oct 1
Equipped Restaurant Building

300 SUMMIT AVENUE, Hagerstown, MD 21740

$690,000
3,119 sqft
Building sale includes restaurant equipment, fixtures, and point‑of‑sale system
3,119 square feet with dine‑in and takeout service areas
Two walk‑in coolers and one walk‑in freezer
Two boilers and several refrigerated display coolers
Dedicated food‑preparation areas and customer serving area
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Turnkey Tavern and Restaurant Building
Updated: Jul 17
Turnkey Tavern and Restaurant Building

21400 Leiter St, Hagerstown, MD 21742

$550,000
3,790 sqft
Turnkey tavern and restaurant sale includes the real estate, business, Class D liquor license, and included furniture, fixtures, and equipment
Main level features a spacious bar area, dedicated band/entertainment space, separate lounge, two restrooms, kitchen, and walk‑in cooler
Covered rear deck overlooks the outdoor entertainment area with an outdoor bar, Tiki Bar, and additional seating
Second floor has two income‑producing apartments: a 2‑bedroom/1‑bath unit and a 1‑bedroom/1‑bath unit
Central air cooling and instant hot water; roof includes metal and asphalt materials
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hagerstown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Restaurant Building with Retail Space
Restaurant Building with Retail Space

4922 Williamsport Pike, Martinsburg, WV 25404

$1,600,000
6,018 sqft

Separate restaurant and retail areas include a commercial kitchen, bar, storage, seating, and covered outdoor patios.

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Commercial Property with National Tenant
Commercial Property with National Tenant

210 Seton Ave, Emmitsburg, MD 21727

$529,000
2,964 sqft

High-visibility commercial real estate with a nationally recognized tenant.

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Equipped Restaurant with Covered Patio
Equipped Restaurant with Covered Patio

4922 WILLIAMSPORT PIKE #3, Martinsburg, WV 25404

Contact for pricing
2,112 sqft

Restaurant space with a commercial kitchen, outdoor seating area, storage, parking, and shared restrooms.

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Pizza Hut Drive-Through Restaurant
Pizza Hut Drive-Through Restaurant

210 SETON Avenue, Emmitsburg, MD 21727

$529,000
0.49 AC lot

The offering includes the real estate only; the restaurant business is excluded from the sale.

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Hagerstown, MD Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Hagerstown, MD on our real estate platform. These investment opportunities span a total of 6,909 square feet of properties for sale, with an estimated market value of $1,240,000.

Sale prices for conventional restaurants in Hagerstown, MD start at $550,000, averaging $620,000, and reaching up to $690,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 3
Conventional restaurants 3
Drive through restaurants 1

Demographics Overview

Population 101K
Population Growth (5Y) +4.0%
Median Household Income $66,959
College Educated 10.5%

High-Yield Neighborhoods for Investment

Identify Hagerstown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21742 $550K

Taxes & Financing

Tax Rate (average for all types) 0.97%
Property Tax per SF $18.55 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

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