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    363 Main St Laurel, MD 20707

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    For Sale
    $1,200,000

    Restaurant with apartment above on Main Street, Laurel, MD.

    Property size:
    4,408 SF
    Lot size:
    0.09 Acres

    Property Features for 363 Main St

    General Information

    Size
    4,408 SF
    Lot size
    0.09 Acres

    Source: Greysteel | Dallas Agent Benjamin Wilson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant with Apartment Above

    This is a turnkey second-generation restaurant with a 2-bedroom apartment located above it on Main Street in Laurel, Maryland. The property offers an opportunity for an owner/user to occupy the restaurant space and live in the apartment above, or rent the apartment for additional income. Both spaces are move-in ready. The property's debt service can be supplemented by leasing the 2-bedroom apartment at market rent. Ample parking is available in the rear, and alley access is provided for tenant or employee parking. The property size is 4408 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Pho Viet 75 Vietnamese Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Antojitos Silvia LLC, MJE Catering, Chez Yiamme's Catering & Functions

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.8464171
    Latitude
    39.1055188

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    FAQs

    What type of property is this?
    Restaurant - Restaurant with apartment above on Main Street, Laurel, MD.
    Where is this restaurant located?
    The property is located at 363 Main St Laurel, MD.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: - Turnkey restaurant with 2-bedroom apartment above; - Owner/user opportunity to live and work on-site; - Move-in ready restaurant and apartment
    (410) 227-7342
    Request Owner's contact information
    363 Main St Laurel, MD 20707
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    Laurel, MD 20707
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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
    363 Main St Laurel, MD 20707
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