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    Hagerstown, MD Restaurants for Sale

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    6 properties
    Turnkey Tavern and Restaurant Building
    Updated: Jul 5
    Turnkey Tavern and Restaurant Building

    21400 LEITER STREET, Hagerstown, MD 21742

    $600,000
    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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    This listing looks promising.

    Here's a quick look at some key insights for

    21400 LEITER STREET, HAGERSTOWN, MD 21742

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $40K
      Annual

    • Price @ 7% Cap

      $568K
      Suggested

    • Last Sold

      Nov 2015
      $150K
    View Property Analytics
    Former School Building For Sale
    Updated: May 21, 2025
    Former School Building For Sale

    535 Summit Ave, Hagerstown, MD 21740

    $1,299,999
    25,029 SF former school building on 2.67 acres suitable for adaptive re‑use.
    Ideal for daycare or charter school with minimal renovation needed.
    Conceptual plans included for conversion to a boutique hotel with 29 rooms, spa, and restaurant.
    Large parking lot with 77 spaces.
    Central location**: across from Hagerstown City Park, near Meritus Park stadium and Hagerstown Premium Outlets.
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    Former Restaurant Redevelopment Opportunity
    Former Restaurant Redevelopment Opportunity

    16715 National Pike, Hagerstown, MD 21740

    Contact for pricing
    5,500 sqft

    Former restaurant available for redevelopment with high visibility.

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    Anchored Retail Shopping Center
    Anchored Retail Shopping Center

    1739-1741 Dual Hwy, Hagerstown, MD 21740

    Contact for pricing

    Tri-state plaza shopping center anchored by Chipotle and MedExpress with multiple additional retail tenants.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Corner Restaurant Building with Residence
    Corner Restaurant Building with Residence

    991 Maryland Avenue, Hagerstown, MD 21740

    Contact for pricing

    Corner commercial building includes a restaurant setup with kitchen equipment plus an above-floor 3-bedroom, 2-bath residence.

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    Established Pizza Restaurant For Sale
    Established Pizza Restaurant For Sale

    16110 Everly Rd, Hagerstown, MD 21740

    Contact for pricing

    Pizza restaurant for sale with all equipment included and an option to take over the existing lease.

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    Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 6 Active listings in Hagerstown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Downtown Restaurant Building with Patio
    Downtown Restaurant Building with Patio

    419 W King St, Martinsburg, WV 25401

    $2,000,000

    Fully renovated 1931 restaurant building with a full bar, show kitchen, and newly added paver patio.

    View details
    Commercial Land with Drive-Through Potential
    Commercial Land with Drive-Through Potential

    Lot 3 Martinsburg Pike, Shepherdstown, WV 25443

    $500,000
    0.79 AC lot

    Commercial land suitable for drive-through restaurants, coffee shops, or bakeries.

    View details
    Commercial Land with Drive-Through Potential
    Commercial Land with Drive-Through Potential

    Lot 2 Martinsburg Pike, Shepherdstown, WV 25443

    $500,000
    0.67 AC lot

    Commercial land suitable for fast food, coffee shop, or retail.

    View details
    Turn-Key Restaurant Building with Equipment
    Turn-Key Restaurant Building with Equipment

    702 Warm Springs Avenue, Martinsburg, WV 25401

    $999,900

    ADA-compliant restaurant building with ample parking and included commercial kitchen equipment, located off I-81 near major traffic.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Commercial Land For Sale
    Prime Commercial Land For Sale

    628 E BALTIMORE, Greencastle, PA 17225

    $1,200,000
    2.02 AC lot

    2 acres of commercial land near I-81 in Greencastle, PA.

    View details
    Commercial Land with Mixed-Use Zoning
    Commercial Land with Mixed-Use Zoning

    Tract B FORBES Drive, Martinsburg, WV 25404

    $250,000
    1.31 AC lot

    Zoned Mixed-Use Commercial (MUC) and fronts over 300 feet for flexible development.

    View details
    Mixed-Use Commercial Land Parcel
    Mixed-Use Commercial Land Parcel

    Tract A FORBES Drive, Martinsburg, WV 25404

    $275,000
    1.80 AC lot

    Zoned MUC, Tract A offers paved-road frontage and direct rear adjacency to the Villages at Courthouse Square townhomes.

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    Off-Market Properties in Hagerstown, MD

    Consider similar Off-Market properties in Hagerstown, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    14035 Pennsylvania Ave
    RESTAURANT

    14035 Pennsylvania Ave, Hagerstown, MD 21742-2344

    $275,000
    Estimated value
    2,372 sqft 0.48 AC lot
    View details
    17840 Garland Groh Blvd
    RESTAURANT

    17840 Garland Groh Blvd, Hagerstown, MD 21740-1992

    $1,630,000
    Estimated value
    6,196 sqft 1.12 AC lot
    View details
    17618 Vly Mall Rd
    RESTAURANT

    17618 Vly Mall Rd, Hagerstown, MD 21740-6995

    $1,785,000
    Estimated value
    7,912 sqft 1.55 AC lot
    View details
    330 Dual Hwy
    DRIVE-THRU RESTAURANT, FAST FOOD

    330 Dual Hwy, Hagerstown, MD 21740-5712

    $800,000
    Estimated value
    2,553 sqft 1.09 AC lot
    View details
    812 Frederick St
    DRIVE-THRU RESTAURANT, FAST FOOD

    812 Frederick St, Hagerstown, MD 21740-6819

    $1,630,000
    Estimated value
    627 sqft 0.40 AC lot
    View details
    736 Virginia Ave
    RESTAURANT

    736 Virginia Ave, Hagerstown, MD 21740-6268

    $375,000
    Estimated value
    1,575 sqft 0.13 AC lot
    View details
    300 Smt Ave
    RESTAURANT

    300 Smt Ave, Hagerstown, MD 21740-6042

    $445,000
    Estimated value
    3,119 sqft 0.30 AC lot
    View details
    17830 Garland Groh Blvd
    RESTAURANT

    17830 Garland Groh Blvd, Hagerstown, MD 21740-1992

    $1,575,000
    Estimated value
    10,757 sqft 1.42 AC lot
    View details
    14224 Pennsylvania Ave
    RESTAURANT

    14224 Pennsylvania Ave, Hagerstown, MD 21742-1664

    $575,000
    Estimated value
    6,463 sqft 1.46 AC lot
    View details
    1075 Virginia Ave
    RESTAURANT

    1075 Virginia Ave, Hagerstown, MD 21740-7239

    $615,000
    Estimated value
    3,708 sqft 0.94 AC lot
    View details
    1396 Dual Hwy
    RESTAURANT

    1396 Dual Hwy, Hagerstown, MD 21740-5925

    $780,000
    Estimated value
    4,316 sqft 1.48 AC lot
    View details
    120 Edgewood Dr
    RESTAURANT

    120 Edgewood Dr, Hagerstown, MD 21740-6605

    $1,595,000
    Estimated value
    7,449 sqft 1.20 AC lot
    View details
    13609 Crayton Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    13609 Crayton Blvd, Hagerstown, MD 21742-2336

    $750,000
    Estimated value
    2,649 sqft 0.73 AC lot
    View details
    1481 Wesel Blvd
    RESTAURANT

    1481 Wesel Blvd, Hagerstown, MD 21740-5385

    $900,000
    Estimated value
    5,028 sqft 1.33 AC lot
    View details
    17601 Garland Groh Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    17601 Garland Groh Blvd, Hagerstown, MD 21740-2022

    $3,335,000
    Estimated value
    4,298 sqft 1.01 AC lot
    View details
    17772 Garland Groh Blvd
    RESTAURANT

    17772 Garland Groh Blvd, Hagerstown, MD 21740-2016

    $1,890,000
    Estimated value
    5,418 sqft 1.05 AC lot
    View details
    1709 Massey Blvd
    RESTAURANT

    1709 Massey Blvd, Hagerstown, MD 21740-8166

    Value Estimation by Request
    5,427 sqft 20.49 AC lot
    View details
    13726 Pennsylvania Ave
    RESTAURANT

    13726 Pennsylvania Ave, Hagerstown, MD 21742-2363

    $620,000
    Estimated value
    6,800 sqft 0.78 AC lot
    View details

    Hagerstown, MD Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Hagerstown, MD, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 9,290 square feet of properties for sale, with an estimated market value of $1,899,999.

    Sale prices for restaurant properties in Hagerstown, MD start at $600,000, averaging $949,999, and reaching up to $1,299,999 — 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

    Conventional restaurants 6
    Bars & Pubs 4
    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 $600K
    21740 $737.5K

    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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    Most Searched ZIP Codes in Hagerstown, MD

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    • 21742

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