38869 Morris Point Rd - Restaurant FOR SALE


Abell, MD 20606
$900,000 USD
240-298-8986
38869 Morris Point Rd, Abell, MD for Sale
$900,000 USD
Restaurant - FOR SALE
1/57
null | Request Cap Rate

38869 Morris Point Rd
Abell, MD 20606


HIGHLIGHTS

  • Turnkey Restaurant
  • Waterfront Restaurant
  • Restaurant with 2 additional rental units that are currently rented

OVERVIEW

Waterfront Restaurant for Sale - Turnkey Opportunity Discover a unique chance to own a waterfront restaurant featuring 350 linear feet of prime waterfront access. This established restaurant comes complete with two piers and two rental trailers, offering an inviting atmosphere for patrons. The property boasts a 1,300 SF main pier with exterior seating, a tiki bar, and five boat slips, complemented by an additional 400 SF fire marshal-approved permanent outdoor seating tent. Enjoy the convenience of an additional 140' accessory pier with five slips, a 400 SF block garage, and ample waterfront space. Inside, the restaurant offers 500 SF of seating with a capacity for 37 guests, along with a private restroom. The kitchen area spans 300 SF and includes an existing liquor license, a Toast POS system, a Royal oven and stovetop, an Avantco fryer, a Delfield refrigerator, an Aventico fridge and prep table, a Kelvinator commercial freezer, an OBD fridge, a stainless steel prep table, and two commercial sinks with a Badger fire suppression system. This turnkey restaurant is perfect for an owner-operator looking to capitalize on its waterfront location, existing rental income and established clientele. Don’t miss this exceptional opportunity!

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

RCL

APN/PARCEL ID

07-021054

ASK ABOUT THIS PROPERTY

Nick Stellway, CCIMO'Brien RealtyMore Info
240-298-8986

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Nick Stellway, CCIMO'Brien RealtyMore Info
240-298-8986

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.