Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    11021 Nicholas Ln, Unit 1 Berlin, MD 21811

    For Sale
    $800,000

    Established waterfront restaurant business for sale in high-traffic area.

    Lot size:
    0.10 Acres

    Property Features for 11021 Nicholas Ln

    General Information

    Lot size
    0.10 Acres

    Building Details

    Year built
    2010

    Source: Coldwell Banker Bud Church Realty,Inc. Agent Ken Church

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

    Overview

    Waterfront Restaurant Business Opportunity

    This is a well-established waterfront restaurant business opportunity located at the South gate entrance of Ocean Pines, in an extremely high traffic area. The sale includes all equipment, tables, inventory, and goodwill, presenting a turn-key operation. The restaurant has approximately 225 seats inside and outside, overlooking a 3+-acre irrigated pond. The list price covers the business, equipment, inventory, and goodwill. There are currently 7 years remaining on the lease, with an option to renew or purchase the real estate. This presents an opportunity to purchase, change the liquor license, and immediately begin operating the business.
    Location Intelligence

    Current Use by Public Records

    Coldwell Banker Vacations ... Property Management Company Kitty's Flowers Flower Market Southside Deli Deli Taylor's Neighborhood Restaurant American Restaurant Newport Kitchen And Bath Tile Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Berlin
    County
    Worcester
    State
    Maryland
    Longitude
    -75.1618928
    Latitude
    38.3751316

    Nearby Similar for Sale

    • $540,000

      Berlin Professional Center Office Space

      2,650 SF office space in Berlin Professional Center.
      314 Franklin Ave, Berlin, MD 21811
      View Details
    • $299,900
      1,181 SF

      Ocean Pines Condo with Upgrades

      Bright, updated 3-bedroom condo in amenity-rich Ocean Pines.
      11421 Manklin Creek Rd, Berlin, MD 21811
      View Details
    • $260,000

      Water View Home Near Ocean

      Move-in ready home with water views and community amenities.
      8801 Bay Ridge Dr, Berlin, MD 21811
      View Details
    • $379,500

      Updated Ranch in Mystic Harbor

      Updated 3-bedroom ranch with canal views near Ocean City.
      18 Coastal Dr, Berlin, MD 21811
      View Details
    • Contact for pricing
      6,600 SF

      Berlin Office Warehouse Investment Opportunity

      6,600 SF building with 4 units, ideal for investment.
      10545 Friendship Rd, Berlin, MD 21811
      View Details
    • $317,500

      Single-Level Home in Mystic Harbor

      3-bedroom home with community amenities near Ocean City beaches.
      11 Keel Dr, Berlin, MD 21811
      View Details

    FAQs

    What type of property is this?
    Turn key restaurant - Established waterfront restaurant business for sale in high-traffic area.
    Where is this turn key restaurant located?
    The property is located at 11021 Nicholas Ln, Unit 1 Berlin, MD.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - Established waterfront restaurant business in a high-traffic location.; - Turn-key operation including all equipment, tables, and inventory.; - **Seating for approximately 225 patrons inside and outside with pond views.**
    (410) 524-7888
    Request Owner's contact information
    11021 Nicholas Ln, Unit 1 Berlin, MD 21811
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11021 Nicholas Ln, Unit 1
    Berlin, MD 21811
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    11021 Nicholas Ln, Unit 1 Berlin, MD 21811
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.