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Property profile & analytics
OFF-MARKET
Turn key restaurants

1 Sunburst Hwy Cambridge, MD 21613-2050

2,305 SF 0.35 ac lot Built 1950
Entity Owned 22-yr Hold Free & Clear
Property ID
US40-0081995
Property summary
AI-generated overview

This exceptional 3,681 square foot retail property presents a unique investment opportunity in Cambridge, Maryland. Situated on a 0.35-acre lot at 1 Sunburst Highway, this established business boasts a rich history, having operated as a successful restaurant for over 70 years. Its prime location just off Route 50, after the Frederick C. Malkus Bridge, ensures high visibility and accessibility for both locals and tourists traveling to the nearby Maryland beaches. The property offers breathtaking Choptank River views, adding to its considerable appeal. With a total capacity to accommodate up to 95 guests, the spacious interior provides ample room for a variety of commercial ventures. Its proximity to downtown Cambridge ensures a steady stream of local customers, while its convenient location near the beaches attracts a significant tourist clientele. The property's long-standing success as a restaurant demonstrates its proven potential for continued profitability, making it an attractive investment for discerning buyers seeking a well-established business in a desirable location. The 0.35-acre lot offers ample space for potential expansion or outdoor seating, further enhancing its value and versatility. This is a rare opportunity to acquire a landmark property with significant historical value and exceptional growth potential. The asking price is $825,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,305 SF
Lot 0.35 ac (15,056 SF)
Zoning code C-2
APN 07-170505
UPID US40-0081995
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
Current use
Occupant on record · Public records
  • River View At The Point Restaurant
  • Williamson Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
One Sunburst LLC · 22 yrs held
One Sunburst LLC
since 2004
1 recorded transaction
2004
$150,000
Zoning & alternative use
C-2 · Cambridge, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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