Search
Equipped Corner Restaurant
For Sale
Contact for pricing
Pending

120 CLEVELAND AVENUE, Hagerstown, MD 21740

Restaurant property with two large dining rooms and parking available across the street and along two adjoining streets.

Property SizeContact for details
Days on Market141

Property Features for 120 CLEVELAND AVENUE

General Information

Standard status Pending
Property subtype Hospitality

Additional Details

Highway Access Yes
Equipment Included Yes
Listing Agency: Real Estate Innovations
Listed By: Alice Guy · License #MD
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Innovations

Investment Insights

Based on property information with market context.

Located at 120 Cleveland Avenue in Hagerstown, this corner restaurant property includes two large dining rooms and existing restaurant equipment. An inventory list is attached to the offering, supporting review of the installed contents and operational setup.

Parking is available in a paved lot directly across the street, with additional on-street spaces along two streets. The property is positioned one block from Dual Highway, providing a convenient connection to a principal area roadway. Its established restaurant configuration offers a defined setting for continued food-service use.

Key Highlights

  • Two large dining rooms within the restaurant layout
  • Existing restaurant equipment in place
  • Inventory list attached for review

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Locksmith Tanning Salon Pet Store Pet Store & Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,088
Businesses Nearby
114k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 55% Shops & Services 20% Groceries 19% Apparel 5%
McDonald's Dining
20,434 visits/mo 0.3 miles
Taco Bell Dining
14,622 visits/mo 0.2 miles
Lidl Groceries
12,742 visits/mo 0.3 miles
Burger King Dining
10,541 visits/mo 0.2 miles
Aldi Groceries
9,001 visits/mo 0.3 miles

Demographics for 21740, MD

65,619
Population
27,002
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
926
Density / Sq Mi
$59,410
Median Household Income
$42,159
Median Earnings
$1,031
Median Rent
$241,600
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property with two large dining rooms and parking available across the street and along two adjoining streets.
Where is this conventional restaurant located?
The property is located at 120 CLEVELAND AVENUE Hagerstown, MD.
What are key features of this property?
This property features: Two large dining rooms within the restaurant layout; Existing restaurant equipment in place; Inventory list attached for review
(301) 745-1500 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message