Building Details

Year Built 1920

Units 1

Listing Agency: Benson & Mangold, LLC b***@chesapeakebayproperties.com Show Phone

Listed By: Brian Gearhart · License #510143 Show Phone

Source: Elliman

Added: Apr 28 Changed: Aug 8 Last Checked: Aug 12 at 6:28AM

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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 Benson & Mangold, LLC

Investment Insights

Based on property information with market context.

This turnkey wine and spirits bar/restaurant is available for rent in the heart of St. Michaels. The high-profile location offers onsite parking and is situated in the historic district. The property is suitable for various uses, including a restaurant, deli, or bakery. There is also potential for office space or an apartment above the existing space. The current owner has a liquor license that may be transferable. The building has been updated with new plumbing, electric, flooring, and fixtures. The location offers great visibility and curb appeal. The bike score is 68, indicating it is bikeable, while the walk score is 0, indicating it is somewhat walkable. The rental rate is $3,500 per month for the first-floor space.

Key Highlights

• Turnkey Wine & Spirits Bar/Restaurant in a high‑profile St. Michaels location.
• Onsite parking in the heart of historic St. Michaels.
• Liquor license potentially transferable.

Property Analytics

Property Profile

Current Use

The Fool's Lantern Restaurant

Suggested Use

Top Pick Dental Office Hair Salon Garden Center Building Supply (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

440

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 21663, MD

3,142

Population

2,110

Households

1.5

Avg Household Size

59

Median Age

50%

College-Educated

91%

High-School Grad

12.2 sq mi

ZIP Area

258

Density / Sq Mi

$81,932

Median Household Income

$49,273

Median Earnings

$993

Median Rent

$633,300

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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What type of property is this? Where is this bars & pubs located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Bistro St. Michaels — 403 S Talbot St, St Michaels, MD 21663
• LYON RUM // Windon Distilling Company — 605 S Talbot St UNIT 6, St Michaels, MD 21663
• Eastern Shore Brewing — 605 S Talbot St, St Michaels, MD 21663
• Bordeleau Vineyards — 500 S Talbot St, St Michaels, MD 21663
• GRAY WOLF® // craft distilling — 605 S Talbot St #6, St Michaels, MD 21663

Frequently Asked Questions

What type of property is this?

Bar & Pub - Restaurant/Bar space for rent in historic St. Michaels.

Where is this bar & pub located?

The property is located at 310 TALBOT St St Michaels, MD.

What is the lease rate?

The lease rate is $3,500/Mo.

What are key features of this property?

This property features: Turnkey Wine & Spirits Bar/Restaurant in a high‑profile St. Michaels location.; Onsite parking in the heart of historic St. Michaels.; Liquor license potentially transferable.