Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Turnkey Restaurant and Event Venue Title is generated by Realmo AI

    300 N WASHINGTON St, Snow Hill, MD 21863

    View on Map
    Claim this Listing
    New
    For Sale
    $1,599,999

    Well-equipped two-level restaurant with indoor bars, event space, and an outdoor bar for gatherings.

    Type:Commercial
    Added:
    Jun 3, 2026
    Days on Market:
    4
    Last Refresh:
    Jun 6 at 2:39 am

    Property Features for 300 N WASHINGTON St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1900

    We can help!

    Listing Contact
    James Craig Glovier

    Listing agent James Craig Glovier License #676571

    Listing office Coastal Life Realty Group LLC

    Listing date Jun 3, 2026

    Source Elliman

    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 Coastal Life Realty Group LLC

    HighLights

    • Well‑established restaurant and event venue in historic Snow Hill
    • Over 3,000 SF on the main level with 2 indoor bars and spacious dining areas
    • Second floor has 3,000+ SF with banquet/event room, full commercial kitchen, and office space
    • Outdoor gathering area with an outdoor bar
    • Fully equipped sale includes furniture, fixtures, equipment, and contents conveying
    • Year built 1900

    Overview

    This well-established restaurant and event venue is offered as a turnkey sale, conveying furniture, fixtures, equipment, and contents. The main level features a fully operating restaurant with two indoor bars and spacious dining areas, along with a large outdoor gathering area supported by an outdoor bar. The second floor adds additional space that includes a banquet and event room, a full commercial kitchen, office space, and potential apartment or living quarters.

    The property is located in the heart of historic Snow Hill, positioned near local county offices and county courts. Public remarks also note strong visibility and steady local and visitor traffic, supported by a downtown setting.

    For restaurant operators or event-focused businesses, the layout supports multiple concepts and programming, with indoor dining and bar service on the first floor and banquet/event operations plus back-of-house capability on the second level. For buyers considering a mixed-use approach, the second-floor configuration provides room for office use and potential living quarters in addition to event programming. The property’s existing dining, bar, kitchen, and event spaces offer an immediate path to continue current operations or adapt the venue to new programming.
    Location Intelligence

    Current Use by Public Records

    Oaked 110 Whiskey ... Bar & Pub Weber Realty Real Estate Agency Oaked 110 Whiskey ... Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Snow Hill
    County
    Worcester
    State
    Maryland
    Longitude
    -75.393363
    Latitude
    38.1779194

    Nearby Similar for Sale

    • $699,900

      Mixed-Use Downtown Commercial Portfolio

      Three contiguous downtown parcels on Washington Street offer commercial and live-work flexibility for owner-users and investors.
      204 WASHINGTON ST, SNOW HILL, MD 21863
      View Details
    • $390,000

      Turnkey Restaurant and Bar Space

      Downtown Snow Hill restaurant/bar with fully-loaded kitchen and liquor license.
      208 W GREEN STREET A, SNOW HILL, MD 21863
      View Details
    • $1,299,000
      9,380 SF

      Historic Mixed-Use Building For Sale

      Renovated 6-unit building with commercial and residential spaces.
      110 West Green Street, Snow Hill, MD 21863
      View Details
    • $883,333
      4,220 SF

      M&T Bank Portfolio Opportunity

      Triple Net Investment Sale opportunity comprised of a 3-property portfolio.
      110 W Market St, Snow Hill, MD
      View Details
    • $1,299,000
      9,380 SF

      Historic Mixed-Use Building For Sale

      Renovated mixed-use building with commercial and residential units.
      110 W Green St, Snow Hill, MD 21863
      View Details

    FAQs

    What type of property is this?
    Conventional restaurant - Well-equipped two-level restaurant with indoor bars, event space, and an outdoor bar for gatherings.
    Where is this conventional restaurant located?
    The property is located at 300 N WASHINGTON St Snow Hill, MD.
    What is the asking price?
    The asking price for this property is $1,599,999.
    What are key features of this property?
    This property features: Well‑established restaurant and event venue in historic Snow Hill; Over 3,000 SF on the main level with 2 indoor bars and spacious dining areas; Second floor has 3,000+ SF with banquet/event room, full commercial kitchen, and office space
    (410) 430-2171
    We can help!
    Listing Contact
    James Craig Glovier
    Real Estate License ID: 676571
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    300 N WASHINGTON St, Snow Hill, MD 21863
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!