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Restaurant With Three Apartments
For Sale
$3,200,000

101 S Main St S, North East, MD 21901

Operating restaurant sale includes equipment, staff, real estate, and a liquor license.

Property Size2,860 SF
Price / SF$1,118
Days on Market9

Property Features for 101 S Main St S

General Information

Standard status Active
Size 2,860 SF

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Business Included Yes

Building Details

Year Built 1920
Listing Agency: Real Estate Consultants
Listed By: Aaron G Butler · License #524396
Source: Kandorre
Added: Aug 13 Changed: Aug 15 Last Checked: Aug 20 at 9:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Consultants

Investment Insights

Based on property information with market context.

The offering includes an operating fine dining restaurant with the underlying real estate, equipment, staff, and liquor license. The property contains 2,860 square feet and was built in 1920.

Three apartments are included with the building, adding residential units to the restaurant property. Located at 101 S Main St S in North East, MD, the asset combines an established restaurant operation with mixed-use components.

Key Highlights

  • Operating fine dining restaurant with real estate included
  • Three apartments included with the building
  • Liquor license included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Plumbing Service HVAC Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

404
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
PNC Bank Shops & Services
6,024 visits/mo 0.2 miles
Dollar General Shops & Services
2,794 visits/mo 0.1 miles

Demographics for 21901, MD

18,517
Population
7,952
Households
2.3
Avg Household Size
38
Median Age
33%
College-Educated
93%
High-School Grad
48.5 sq mi
ZIP Area
382
Density / Sq Mi
$113,107
Median Household Income
$61,293
Median Earnings
$1,418
Median Rent
$342,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant sale includes equipment, staff, real estate, and a liquor license.
Where is this conventional restaurant located?
The property is located at 101 S Main St S North East, MD.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Operating fine dining restaurant with real estate included; Three apartments included with the building; Liquor license included
More about this property
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