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Property profile & analytics
OFF-MARKET
Turn key restaurants

712 Broadway Crisfield, MD 21817-1009

3,087 SF 0.15 ac lot Built 1998
Entity Owned 10-yr Hold Free & Clear
Property ID
US40-1729918
Property summary
AI-generated overview

This exceptional commercial property, situated at 712 Broadway in the heart of Crisfield, Maryland's downtown marina district, presents a unique investment opportunity. Boasting a 0.15-acre lot, the building offers a versatile layout perfectly suited for a restaurant, bar, or event venue. The interior features a spacious indoor dining area complemented by an overlooking mezzanine, providing ample seating capacity and a dynamic atmosphere. An expansive outdoor deck extends the dining experience, offering picturesque views of the marina. The second floor includes a dedicated private event area, ideal for hosting special occasions or private functions. A large, well-equipped kitchen is ready for immediate use, minimizing start-up costs. Additional upstairs space provides private office areas and valuable storage. Convenient on-site private parking is included. The property's prime location directly across from Somers Cove Marina and its associated parking lot places it at the center of Crisfield's vibrant community life, benefiting from the high foot traffic generated by numerous events, including the renowned annual J. Millard Tawes Crab & Clam Bake. This turnkey property offers immediate operational potential and significant long-term growth prospects. The property is available for sale. Square footage is not currently available.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 3,087 SF
Lot 0.15 ac (6,343 SF)
Zoning code T-M
APN 07-113358
UPID US40-1729918
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Main Street Investments LLC · 10 yrs held
Main Street Investments LLC
since 2015
5 recorded transactions
2015
$80,000
2003
$225,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
T-M · Crisfield, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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