Conventional Restaurant

Chestertown, MD Conventional Restaurants for Sale

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Worton, MD Church Hill, MD Still Pond, MD Rock Hall, MD Millington, MD Betterton, MD Sudlersville, MD Centreville, MD
Historic Chestertown Mixed-Use Property
Updated: Apr 24
Historic Chestertown Mixed-Use Property

327 CANNON St, Chestertown, MD 21620

$1,300,000
1,300 sqft
Mixed‑use property in historic Chestertown offers both commercial and residential income potential.
First level features a fully equipped 1300 sq ft commercial kitchen and dining area, currently leased to Occasions Catering.
Spacious upstairs apartment includes two bedrooms, each with an ensuite full bathroom.
Apartment boasts an open living space with vaulted ceilings, hardwood floors, a gas fireplace, and ample natural light.
Newly constructed in 2006, providing modern amenities and reduced maintenance in a historic setting.
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Restaurant Building with Conversion Potential
Updated: Apr 12
Restaurant Building with Conversion Potential

903 Washington Avenue, Chestertown, MD 21620

Contact for pricing
Restaurant building with an existing layout suited for a new branded restaurant
Pizza Hut restaurant previously occupied the site and recently closed
Additional potential to be renovated for a mixed‑use facility with single or multiple MEDICAL tenants
Backs to Kent County’s largest industrial park with multiple buildings constructed and occupied and many under construction
Near town home to Washington College
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Chestertown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Historic Mixed-Use Building with Porch
Historic Mixed-Use Building with Porch

4 S 1st St S, Denton, MD 21629

$699,000
2,756 sqft

Versatile property with wrap-around porch, patio and basement amenities suited for dining, events, or mixed-use concepts.

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Historic Mixed-Use Restaurant Building
Historic Mixed-Use Restaurant Building

4 S 1st St S, Denton, MD 21629

$679,000
2.20 AC lot

Historic building with wrap-around porch, patio with firepit, and park-like grounds, previously operated as a restaurant and coffeehouse.

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Turn-Key Restaurant and Lounge
Turn-Key Restaurant and Lounge

7100 Sollers Point Road, Dundalk, MD 21222

$897,500
6,201 sqft

Turn-key restaurant and lounge with liquor license, bar services, and an upper-level office.

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Turn-Key Restaurant and Lounge
Turn-Key Restaurant and Lounge

7100 SOLLERS POINT Road, Dundalk, MD 21222

$897,500
0.36 AC lot

For sale turn-key restaurant and lounge includes Class B liquor license, bar operations, and an upper-level office.

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Chestertown, MD Conventional Restaurants Market Trends and Statistics

Explore 2 conventional restaurants for sale in Chestertown, MD on our real estate platform. These investment opportunities span a total of 1,300 square feet of properties for sale, with an estimated market value of $1,300,000.

Sale prices for conventional restaurants in Chestertown, MD start at $1,300,000, averaging $1,300,000, and reaching up to $1,300,000 — 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 2
Coffee shops 1

Demographics Overview

Population 14K
Population Growth (5Y) +2.9%
Median Household Income $76,094
College Educated 32.4%

High-Yield Neighborhoods for Investment

Identify Chestertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21620 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.34%
Property Tax per SF $23.81 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chestertown fall within the 10,000 to 25,000 square foot range.

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