Bar and Pub with Outdoor
New
For Sale
$900,000
11818 PHILADELPHIA RD, White Marsh, MD 21162
An equipped hospitality venue includes indoor dining, a bar, commercial kitchen, outdoor gathering areas, and on-site parking.
Property Size4,589 SF
Lot Size3.61 Acres
Price / SF$196.12
Days on Market2
Property Features for 11818 PHILADELPHIA RD
General Information
Standard status
Active
Size
4,589 SF
Total Parking Spaces
65
Lot size
3.61 Acres
Site & Location
Frontage
350 ft
Traffic Count
20,000 vehicles/day
Road Access
Yes
Utilities to Site
Yes
Restaurant
Patio
Yes
Equipment Included
Yes
Liquor License
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Listing Agency:
Keller Williams Flagship
(410) 729-7700
Listed By:
Sam M Tanner
(443) 618-2585
Source:
360
Added: Oct 23
Last Checked: Oct 23 at 5:49PM
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 Keller Williams Flagship
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on 3.61 acres, this bar and pub property includes a 4,589-square-foot building with multiple dining areas, a bar and lounge, commercial kitchen, upstairs office and full bath, and unfinished basement. Two outdoor pavilions provide additional space: one is about 1,100 square feet and the other about 1,200 square feet. The property also has a 7-day Class B beer, wine, and liquor license, transferable upon approval. Fixtures, furnishings, and equipment are included, excluding the jukebox and ATM.
The property fronts Philadelphia Road for 350 feet, with more than 20,000 vehicles passing daily. Gunpowder River and Gunpowder Falls are within walking distance. Paved parking accommodates 65 vehicles, with auxiliary overflow space for another 20–30.
Building equipment includes oil radiant heat and central air. Bar furnishings and equipment include high-top tables, pool tables, refrigeration units, and walk-in coolers; the kitchen is equipped with gas stoves, fryers, sandwich stations, a slicer, an electric oven, and food-preparation equipment. The business is also required to be purchased with the real estate.
The property fronts Philadelphia Road for 350 feet, with more than 20,000 vehicles passing daily. Gunpowder River and Gunpowder Falls are within walking distance. Paved parking accommodates 65 vehicles, with auxiliary overflow space for another 20–30.
Building equipment includes oil radiant heat and central air. Bar furnishings and equipment include high-top tables, pool tables, refrigeration units, and walk-in coolers; the kitchen is equipped with gas stoves, fryers, sandwich stations, a slicer, an electric oven, and food-preparation equipment. The business is also required to be purchased with the real estate.
Key Highlights
- 3.61‑acre parcel with a 4,589‑square‑foot building
- 350 feet of Philadelphia Road frontage; more than 20,000 vehicles pass daily
- Two pavilions: about 1,100 SF and 1,200 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,142
Cap Rate
7.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,322,840
$1.3M
Cap Rate 7%
$944,886
$944.9K
Cap Rate 9%
$734,911
$734.9K
Market Conditions
NOI Build-Up for 4,589 SF
Gross rent
$95.3K $20.76/SF
− Vacancy
−$7.1K −$1.54/SF
EGI
$88.2K $19.22/SF
− OpEx
−$22.0K −$4.80/SF
NOI
$66.1K $14.41/SF
Area
Baltimore County, MD
Vacancy
7.43%
Lease Rate
$20.76 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,322,840
Cap Rate 7%
$944,886
Cap Rate 9%
$734,911
Alternative Uses
Best Use
Specialty Retail
$944.9K
$826.8K – $1.10M
NOI $66,142 @ 7.0% cap · market cap 7.35%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$44.52M
$38.96M – $51.94M
NOI $3,116,563 @ 7.0% cap · market cap 346.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
20,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
76
Businesses Nearby
9k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
7-Eleven
Shops & Services
9,106 visits/mo
0.3 miles
Demographics for 21162, MD
5,029
Population
1,555
Households
3.2
Avg Household Size
40
Median Age
47%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
708
Density / Sq Mi
$168,021
Median Household Income
$75,636
Median Earnings
$463,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Big Falls Inn — 11818 Philadelphia Rd, White Marsh, MD 21162
Frequently Asked Questions
What type of property is this?
Bar & Pub - An equipped hospitality venue includes indoor dining, a bar, commercial kitchen, outdoor gathering areas, and on-site parking.
Where is this bar & pub located?
The property is located at 11818 PHILADELPHIA RD White Marsh, MD.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3.61‑acre parcel with a 4,589‑square‑foot building; 350 feet of Philadelphia Road frontage; more than 20,000 vehicles pass daily; Two pavilions: about 1,100 SF and 1,200 SF
