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$600,000
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Property Description
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.
Full Property Details
Full Property Details for 21400 Leiter St
General
- Price: $600,000
- Taxes: $1,751 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2037552
- Updated: 7/16/2026
- Added to Site: 40 day(s) ago
Business
- Business Type: Apartment Building, Restaurant/Bar
Rooms
Bathrooms
- Restrooms: 4
Parking
- Total Spaces: 21
- Parking Type: Parking Lot
Location
- County: WASHINGTON
- Driving Directions: GPS
School Information
- Elementary School: Old Forge
- Middle School: Smithsburg
- High School: Smithsburg Sr.
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Heat Pump(s), 90% Forced Air, Baseboard - Electric
- Heating Fuel: Oil
- Water Heater: Electric, Instant Hot Water
Utilities
- Sewer: On Site Septic
- Water: Cistern
Structural Information
- Construction: Brick, Vinyl Siding
- Roof: Asphalt, Metal
- Building Size: 3790
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,672
- Lot Size Source: Assessor
- Zoning: RB-E
Financial Considerations
- Price Per Sq. Ft.: $158.31
- Assessment Year: 2026
- County Tax: $1,751
- County Tax Freq: Annually
- Tax w/Assessment: $177,833
- Tax Amount: $1,751
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by RE/MAX Results, Brenda K Myers
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Schools
Schools serving 21400 Leiter St
School District:Washington County Public Schools, Williamsport, MD
| Name | Grades | Distance |
|---|---|---|
Old Forge Elementary School 21615 Old Forge Road, Hagerstown, MD 21742 | PK-5 | 2.6 mi |
Smithsburg Middle School 68 North Main Street, Smithsburg, MD 21783 | 6-8 | 3.3 mi |
Smithsburg High School 66 North Main Street, Smithsburg, MD 21783 | 9-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 21400 Leiter St
Date
Details
Price
Change
Source
7/16/2026
Listed
$600,000
300%
MLS
10/21/2015
Sold
$150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 21400 Leiter St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,803
10%
$168,367
6%
2023
$1,640
—
$158,900
1%
2023
$1,640
-3%
$157,700
1%
2022
$1,688
1%
$156,500
1%
2020
$1,669
-1%
$155,300
1%
2021
$1,681
1%
$153,567
1%
2020
$1,669
1%
$151,833
1%
2019
$1,651
3%
$150,100
3%
2018
$1,610
3%
$146,267
3%
2017
$1,570
3%
$142,433
3%
2016
$1,529
—
$138,600
—
2015
$1,529
—
$138,600
—
2014
$1,529
—
$138,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 21400 Leiter St
21400 Leiter Street, Hagerstown, MD 21742 (MLS# MDWA2037552) is a Apartment property. 21400 Leiter Street is currently listed for $600,000 and was received on July 16, 2026. Want to learn more about 21400 Leiter Street? Do you have questions about finding other Apartment real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.

