Restaurant and Banquet
1540 Ocean Hwy, Pocomoke City, MD 21851
For Lease
$2,425/Mo
A separate entrance and flexible layout support dining, events, or a combined concept within a hotel setting.
Space Size2,910 SF
Days on Market40
Property Features for 1540 Ocean Hwy
General Information
Standard status
Size
Net Rentable
Total Parking Spaces
Space & Availability
Available Space
Contiguous Space
Space Use
Site & Location
Pylon Signage
Traffic Count
Road Access
Utilities to Site
Restaurant
Commercial Hood
Second-Generation Restaurant
Listing Agency:
Keller Williams Realty Delmarva
(410) 677-0909
Listed By:
Charles L Campbell II · License MD #666527
(443) 880-0130
Source:
Exprealty
Added: Oct 2
Changed: Nov 8
Last Checked: Nov 8 at 8:26AM
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 Realty Delmarva
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Investment Insights
Based on property information with market context.
This 2,910-square-foot restaurant and banquet space is available for lease within a renovated Motel 6. It has a separate entrance from the hotel lobby, a kitchen area with utility hookups, and a layout that can accommodate restaurant service, events, or both. A storefront-style glass entrance may be added. Kitchen equipment and a hood system are to be installed. Additional square footage may be added to the lease, and adjacent space is available for a bar.
The property fronts Route 13, with exposure to more than 16,000 vehicles per day, based on MDOT SHA 2023 figures. The motel provides built-in guest traffic, and 110 parking spaces are shared between the restaurant space and hotel. Tenant space is available on the motel’s monument sign. The hotel has a new roof, HVAC, lobby, restrooms, guest rooms, and exterior finishes.
The property fronts Route 13, with exposure to more than 16,000 vehicles per day, based on MDOT SHA 2023 figures. The motel provides built-in guest traffic, and 110 parking spaces are shared between the restaurant space and hotel. Tenant space is available on the motel’s monument sign. The hotel has a new roof, HVAC, lobby, restrooms, guest rooms, and exterior finishes.
Key Highlights
- 2,910 square feet of restaurant and banquet space
- Separate entrance from the hotel lobby
- Kitchen area with utility hookups; equipment and hood system to be installed
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
16,000 VPD
Traffic count
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
66
Businesses Nearby
750
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Hotels & Casinos 31%
Jiffy Lube
Shops & Services
518 visits/mo
0.5 miles
Motel 6
Hotels & Casinos
232 visits/mo
0.1 miles
Demographics for 21851, MD
7,229
Population
3,547
Households
2
Avg Household Size
43
Median Age
20%
College-Educated
92%
High-School Grad
103.6 sq mi
ZIP Area
70
Density / Sq Mi
$50,847
Median Household Income
$37,255
Median Earnings
$828
Median Rent
$186,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - A separate entrance and flexible layout support dining, events, or a combined concept within a hotel setting.
Where is this conventional restaurant located?
The property is located at 1540 Ocean Hwy Pocomoke City, MD.
What is the lease rate?
The lease rate is $2,425/Mo.
What are key features of this property?
This property features: 2,910 square feet of restaurant and banquet space; Separate entrance from the hotel lobby; Kitchen area with utility hookups; equipment and hood system to be installed
