CHARIS REALTY GROUP

21400 LEITER STREET

HAGERSTOWN, MD 21742

MLS#: MDWA2037552

$600,000

Status: Active
Listing number: MDWA2037552
Listing provided by: RE/MAX Results
Listing agent phone: None
Last update: 3 hours ago
New on site today
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

3,790

Rare opportunity to own a well-established, TURNKEY tavern and restaurant property in the heart of Leitersburg. Exceptionally clean, well-maintained, and in great condition, this property is ready for its next owner to step in and begin operating immediately. The sale includes the real estate, business, Class D Liquor License, all furniture, fixtures, equipment, kitchen equipment, bar equipment, décor, and other business assets currently located on the property, unless specifically excluded by the Seller. The main level features a spacious bar area, dedicated band and entertainment space, separate lounge area, two restrooms, kitchen, and walk-in cooler. Step outside onto the covered rear deck overlooking the outdoor entertainment area. Guests will enjoy the outdoor bar, Tiki Bar, and additional seating areas, creating the perfect setting for dining, live music, special events, and seasonal gatherings. The second floor offers two income-producing apartments, including a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, providing additional rental income and investment potential. The property also offers abundant storage space in both the attic and basement, providing ample room for inventory, equipment, supplies, and business operations. Ample parking is available in both the front and rear of the property. Whether you're an experienced operator looking to expand an existing operation or an entrepreneur seeking a turnkey hospitality opportunity, this unique property offers multiple income streams and exceptional potential. Several members of the current staff have expressed interest in remaining with the business, providing the potential for a seamless transition for the new owner, if mutually agreeable.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Oil, Forced Air, Baseboard, Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Vinyl Siding

  • Parking

    Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.22

  • Lot Size(square feet)

    9,672

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $600,000

  • Tax Amount

    $1,751

  • Sq. Footage

    3,790

  • Price/SqFt

    $158

HOA

  • Association

    No

School District

  • Elementary School

    OLD FORGE

  • Middle School

    SMITHSBURG

  • High School

    SMITHSBURG SR.

Property Features

  • New Construction

    NO

  • Accessibility Features

    Accessible Doors

  • Sewer

    Septic Tank

  • Water Source

    Cistern

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

What is 3 + 4 ?


Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

WASHINGTON

Elementary School

OLD FORGE

Middle School

SMITHSBURG

High School

SMITHSBURG SR.

Listing Courtesy of Brenda K Myers , RE/MAX Results

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent Albert Ranney

AGENT

Albert Ranney

Call Albert today to schedule a private showing.

(301) 233-0922

albert@charisrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Rare opportunity to own a well-established, TURNKEY tavern and restaurant property in the heart of Leitersburg. Exceptionally clean, well-maintained, and in great condition, this property is ready for its next owner to step in and begin operating immediately. The sale includes the real estate, business, Class D Liquor License, all furniture, fixtures, equipment, kitchen equipment, bar equipment, décor, and other business assets currently located on the property, unless specifically excluded by the Seller. The main level features a spacious bar area, dedicated band and entertainment space, separate lounge area, two restrooms, kitchen, and walk-in cooler. Step outside onto the covered rear deck overlooking the outdoor entertainment area. Guests will enjoy the outdoor bar, Tiki Bar, and additional seating areas, creating the perfect setting for dining, live music, special events, and seasonal gatherings. The second floor offers two income-producing apartments, including a 2-bedroom, 1-bath unit and a 1-bedroom, 1-bath unit, providing additional rental income and investment potential. The property also offers abundant storage space in both the attic and basement, providing ample room for inventory, equipment, supplies, and business operations. Ample parking is available in both the front and rear of the property. Whether you're an experienced operator looking to expand an existing operation or an entrepreneur seeking a turnkey hospitality opportunity, this unique property offers multiple income streams and exceptional potential. Several members of the current staff have expressed interest in remaining with the business, providing the potential for a seamless transition for the new owner, if mutually agreeable.

21400 LEITER STREET

Message successfully sent.

What would you like to know?

What is 3 + 4 ?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Related Properties

NO CITY TAXES – LEAD FREE- Rare Multi-Unit Investment Opportunity Rare chance to acquire three adjoining parcels deeded together, totaling nearly 1 acre. The property includes four residential rental units plus a large 2-bay garage for added income potential, all with no city taxes. The layout features two detached single-family homes, each with 4 bedrooms and 2 baths, and a larger brick building containing two fully renovated 1-bedroom, 1-bath apartments. All structures are solid brick and block construction, built to last. The one-bedroom units were gutted and rebuilt with all new LVP flooring, drywall, doors, windows, fixtures, kitchens, and baths. Recent capital improvements across the property include new roofs, gutters, replacement windows, and updated plumbing and electrical systems. The nearly acre-sized footprint offers plenty of off-street parking and a convenient location near shopping, schools, restaurants, and commuter routes. This lead-free property is safer, easier to insure, and highly attractive to tenants. It is also FHA-eligible, making it perfect for an owner-occupant who can purchase with as little as 3.5% down. Live in one unit while rental income from the other three units plus the garage helps cover your mortgage. Whether you are a first-time buyer or an experienced investor, this property offers strong returns, long-term value, and flexibility rarely found in Washington County. With its combination of condition, income potential, multiple parcels, and no city taxes, this is truly a one-of-a-kind investment opportunity in the heart of Hagerstown.
#MDWA2037488

HAGERSTOWN

9947 CROSSFIELD ROAD

None Beds

None Baths

2,380 Sq.Ft.

$675,000

MLS#: MDWA2037488

Great Location! Walking distance to the Beautiful Hagerstown City Park! All units fully rented! New Rear steps being installed now. 9% CAP RATE, same owner for years. All leases are yearly except one is month to month. Call for more details and to schedule a tour!
#MDWA2038590

HAGERSTOWN

671 HIGHLAND WAY

None Beds

None Baths

6,202 Sq.Ft.

$574,900

MLS#: MDWA2038590

Historically Significant Piece of Hagerstown's History - Landmark Renaissance Revival Building, three-stories of brick & stone construction, monumental pilasters spanning two-stories, ornate modillioned cornice with dentil & decorative corner pendants. Listed on National Register of Historic Places. Circa 1907 this building was dedicated in 1908 by Knights of Pythias as a gathering place dedicated to "friendship, charity & benevolence." The third floor ceremonial hall is early venue where Patsy Cline's musical career began in 1952, transforming her from local talent to a superstar of American Music. This 12,790 sq ft building has a clean open canvas, ready for adaptive re-use by the next developer, investor or visionary. Stunning architectural details, original staircase, wood floors, millwork and high ceilings, metal roof approximately 10 years old...imagine the possibilities! In short, it’s not just a redevelopment site—it’s a piece of Hagerstown’s cultural and architectural legacy with built-in storytelling value, especially for music history and early 20th-century fraternal life. Today the property is Center City Mixed Use Zoning offers blend of commercial, residential, offices, shops, event space, boutique/hospitality, live/work environment, etc. High visibility, foot traffic and proximity to local amenities, government offices & cultural attractions. Don't miss this blank slate re-development opportunity in one of Maryland's most historic downtowns.
#MDWA2034736

HAGERSTOWN

16 W FRANKLIN STREET

None Beds

None Baths

12,792 Sq.Ft.

$695,000

MLS#: MDWA2034736

ATTENTION! THERE ARE TWO (2) SEPARATE LOTS INCLUDED IN THIS SALE - LOTS 2 AND 3-B. GREAT LOCATION WITH ALOT OF MEDICAL OFFICES NEXT DOOR. OWNED BY SAME OWNER FOR MANY YEARS. WOULD MAKE A GREAT LOCATION FOR OFFICES, RETAIL, MEDICAL, URGENT CARE. PUBLIC WATER AND SEWER AVAILABLE. A THIRD LOT IS ALSO AVAILABLE IF MORE SPACE IS NEEDED. CALL FOR DETAILS. (LOOK FOR SIGNS ON THE LOTS.)
#MDWA2031636

HAGERSTOWN

HAGERS COURT

None Beds

None Baths

N/A

$499,000

MLS#: MDWA2031636

Prominent downtown location near the city center. True value-add redevelopment opportunity due to its CCMU zoning, building size, and A&E District positioning. This four-story mixed-use building offers elevator access to all levels and off-street parking, a rare combination in downtown Hagerstown. The property is located within Hagerstown’s Arts & Entertainment District, an area known for ongoing revitalization, public art, festivals, restaurants, and cultural destinations. Buyers may also explore incentive and grant opportunities offered through City programs and A&E District benefits. Building is currently vacant and needs renovation, making it ideal for an investor seeking substantial upside through repositioning. Flexible use potential may include retail, office, residential conversion, or a hybrid live/work concept, subject to approvals.
#MDWA2033666

HAGERSTOWN

125 W WASHINGTON STREET

None Beds

None Baths

6,051 Sq.Ft.

$650,000

MLS#: MDWA2033666

Great positive cashflow investment opportunity! Well maintained 6 unit apartment building not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas radiant heat! Each unit is 1 bedroom and 1 bathroom. Large backyard, detached garage. The owner will consider holding owner financing. Owner is also selling 419 Summit Ave with 5 units.
#MDWA2031050

HAGERSTOWN

311 SUMMIT AVENUE

None Beds

None Baths

6,240 Sq.Ft.

$599,900

MLS#: MDWA2031050

Excellent opportunity to add a well-maintained six-unit multifamily property to your investment portfolio. Each spacious unit offers 3 bedrooms, 1 full bath, a central living room, eat-in kitchen, and covered rear porch, with second and third-floor units also enjoying access to private front porches. The property has been consistently maintained and features recent exterior improvements including fresh paint and a new front entry door. A shared coin-operated laundry facility provides additional income potential, while the rear parking area offers off-street parking for approximately eight vehicles. Ideally situated in a prime Hagerstown location, the property offers easy access to public transportation, downtown amenities, schools, Meritus Park, shopping, dining, and major commuter routes. All units are separately metered for electricity, with tenants responsible for their own electric usage, including heating, hot water, appliances, and lighting. Water and sewer expenses are largely passed through to tenants based on occupancy. Five of the six units are currently rented on month-to-month agreements, providing a new owner with significant flexibility and immediate opportunity to increase rents toward market levels. Current ownership has maintained high occupancy while keeping rents below market, offering investors a rare opportunity to increase revenue without major renovations or repositioning. Current rents are below prevailing market rates for comparable three-bedroom units, creating substantial upside potential through future rent adjustments. Whether you're looking to expand an existing portfolio or acquire a turnkey asset with value-add potential, this fully occupied property offers strong cash flow, desirable unit sizes, and long-term investment appeal.
#MDWA2037366

HAGERSTOWN

401 S POTOMAC STREET

None Beds

None Baths

7,778 Sq.Ft.

$650,000

MLS#: MDWA2037366

New roof going on both front and rear buildings, along with new gutters and downspouts. The owner will consider holding owner financing. Owner is also selling 311 Summit Ave with 6 units, will do package deal. Great positive cashflow investment opportunity! Well maintained 3 unit apartment building in the front and a 2 unit over under apartment in the rear with alley access. Not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas forced air heat! Separate electric meters. Large backyard. Rent roll available upon request, Schedule a tour today!!
#MDWA2031026

HAGERSTOWN

419 SUMMIT AVENUE

None Beds

None Baths

4,524 Sq.Ft.

$499,900

MLS#: MDWA2031026

FULLY RENTED FIVE (5) UNIT! Covered front porch, off street parking, 1 Block from beauitful City Park with walking trails, multiple ponds and playgrounds. Call for details and to schedule a tour!
#MDWA2038588

HAGERSTOWN

601 HIGHLAND WAY

None Beds

None Baths

8,620 Sq.Ft.

$625,000

MLS#: MDWA2038588

- property

Send a message

Message successfully sent.

Your message

What is 3 + 4 ?

Reason for contacting?

I agree to receive email communication and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Sign Out

Virtual Assistant

Would you like to take the next step with this property? We can help you schedule a showing or virtual tour, or send you more details.

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

I agree to receive communications and understand I can unsubscribe at any time.

I agree to be contacted by Charis Realty Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

Already have an account ? Login here

We use cookies

We use cookies primarily for analytics to enhance your experience. By accepting, you agree to our use of these cookies. You can manage your preferences or learn more about our cookies policy.

Privacy Policy Terms of Service