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    712 Broadway Crisfield, MD 21817

    Sponsored
    For Sale
    Contact for pricing

    Prime location, restaurant/event space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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 Features for 712 Broadway

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1998
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Nail Salon Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Crisfield
    County
    Somerset
    State
    Maryland
    Longitude
    -75.85763
    Latitude
    37.97992

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, restaurant/event space.
    Where is this commercial real estate located?
    The property is located at 712 Broadway Crisfield, MD.
    (410) 543-5115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    712 Broadway Crisfield, MD 21817
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