$525,000
$525,000
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9,917 SqFt
SOLD DATE : 12/02/2022
Key Details
Sold Price $525,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 9,917 sqft
Price per Sqft $52
MLS Listing ID MDDO2002488
Sold Date 12/02/22
Originating Board BRIGHT
Year Built 1920
Annual Tax Amount $11,167
Tax Year 2022
Lot Size 10,315 Sqft
Acres 0.24
Property Description
Here is a Turn-Key successful full-service restaurant and bar. This restaurant is located just 2 hours east of Baltimore and Washington DC. In 2011 the building was completely renovated and brought up to code including state of the art, high-efficiency HVAC and Hood systems, complete upgrade/change out of all electric panels, wiring, outlets and fixtures including cost-saving LED bulbs. Also installed in 2011 were all new plumbing including lines, fixtures and grease trap, complete sprinkler system with four levels of coverage, fire alarm and security systems including 18 cameras and monitor, four bathrooms with six women stalls and four men stalls and all new surfaces including walls, flooring and ceilings. Additionally, numerous other renovations and additions were undertaken including a 1000 SF outdoor patio complete with landscaping and a pond with a waterfall. The average adjusted net income since opening is around $300,000. This is a marvelous turn-key opportunity in every facet of the business including not only all the assets required but also the operational resources essential in running a successful restaurant.
Location
State MD
County Dorchester
Zoning C-2
Interior
Hot Water Other
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 15.0
Water Access N
Accessibility Level Entry - Main
Total Parking Spaces 15
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Dorchester County Public Schools
Others
Tax ID 1007113315
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Brandon Ziska • Rinnier Development Co
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "