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    38869 Morris Point Rd Abell, MD 20606

    Sponsored
    For Sale
    $900,000

    Established Restaurant, Turnkey Opportunity, Waterfront Views

    Property size:
    2,260 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional turnkey waterfront restaurant in Abell, MD, presents a rare investment opportunity. Boasting 2,260 square feet on a 0.98-acre lot, the property includes 350 linear feet of prime waterfront access, perfect for attracting customers. The restaurant features a 1,300 square foot main pier with seating for patrons, a tiki bar, and five boat slips. An additional 400 square foot fire marshal-approved permanent outdoor seating tent expands capacity. A 140-foot accessory pier with five more slips provides ample docking space. A 400 square foot accessory block garage offers additional storage. The interior comprises 500 square feet of seating for up to 37 guests and a private restroom. The fully equipped 300 square foot kitchen includes a Royal oven and stovetop, an Aventico fryer, a Delfield refrigerator, an Aventico fridge and prep table, a Kelvinator commercial freezer, an OBD fridge, a stainless steel prep table, two commercial sinks, and a Badger fire suppression system. A Toast POS system and existing liquor license are included. Two rental trailers provide additional income streams. This established business is ready for a new owner to capitalize on its prime location, existing infrastructure, and loyal clientele. Priced at $900,000.

    Property Features for 38869 Morris Point Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,260 SF
    Lot Size
    42,689 SF

    Building Details

    Year Built
    1972
    Property Profile Location Intelligence

    Current Use by Public Records

    Morris Point Restaurant Restaurant

    Suggested Use

    Restaurant Hotel & Motel Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Abell
    County
    St. Mary's
    State
    Maryland
    Longitude
    -76.73272
    Latitude
    38.25267

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, Turnkey Opportunity, Waterfront Views
    Where is this commercial real estate located?
    The property is located at 38869 Morris Point Rd Abell, MD.
    What is the asking price?
    The asking price for this property is $900,000.
    (301) 863-2400
    Request Owner's contact information
    38869 Morris Point Rd Abell, MD 20606
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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
    38869 Morris Point Rd Abell, MD 20606
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