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Turnkey Hookah Lounge Operation

3235 RHODE ISLAND AVENUE, Mount Rainier, MD 20712

For Sale
$58,000

Hookah lounge for sale, centrally located, licensed for 24-hour operation.

Property SizeContact for details
Lot Size0.18 Acres
Days on Market772

Property Features for 3235 RHODE ISLAND AVENUE

General Information

Standard status Active
Lot size 0.18 Acres
Property subtype Other

Taxes and HOA fees

Annual Taxes $14,431

Building Details

Year Built 1940
Listing Agency: Crown Realty International Ltd
Listed By: Sam Jobi · License #522171
Source: Exitrealty
Added: Sep 29, 2024 Changed: Aug 8 Last Checked: Aug 8 at 5:10AM

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 Crown Realty International Ltd

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Investment Insights

Based on property information with market context.

This is a turnkey hookah lounge operation for sale, offering a relaxing atmosphere suitable for gatherings with friends, meetings, birthday parties, games, sports viewing, and general recreation. Patrons are permitted to bring their own liquor, although the operator is not licensed to sell it. The operator can sell soda, juice, and ice. The monthly rent is $6,500. The hookah lounge is located in a centrally located district on Rhode Island Avenue and is licensed for 24-hour operation.

Key Highlights

  • Turnkey hookah lounge operation ready for immediate business.
  • Licensed for 24‑hour operation.
  • Centrally located on Rhode Island Ave.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hookah Bar Cafe Bar & Pub

Suggested Use

Top Pick Law Firm Dental Office Accounting Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

1,046
Businesses Nearby
19k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 55% Dining 45%
Popeyes Louisiana Kitchen Dining
8,662 visits/mo 0.5 miles
Shell Shops & Services
4,394 visits/mo 0.1 miles
Exxon Shops & Services
4,227 visits/mo 0.5 miles
Extra Space Storage Shops & Services
1,932 visits/mo 0.4 miles

Demographics for 20712, MD

9,526
Population
4,271
Households
2.2
Avg Household Size
35
Median Age
34%
College-Educated
83%
High-School Grad
0.7 sq mi
ZIP Area
13,609
Density / Sq Mi
$68,452
Median Household Income
$42,881
Median Earnings
$1,442
Median Rent
$531,100
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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Medi Cafe — 3237 Rhode Island Ave, Mt Rainier, MD 20712
  • Hookah Bar Cafe — 3235 Rhode Island Ave, Mt Rainier, MD 20712
  • Sis's Tavern — 4512 41st Ave, North Brentwood, MD 20722
  • Chibal — 4419 39th St, Brentwood, MD 20722

Frequently Asked Questions

What type of property is this?
Bar & Pub - Hookah lounge for sale, centrally located, licensed for 24-hour operation.
Where is this bar & pub located?
The property is located at 3235 RHODE ISLAND AVENUE Mount Rainier, MD.
What is the asking price?
The asking price for this property is $58,000.
What are key features of this property?
This property features: Turnkey hookah lounge operation ready for immediate business.; Licensed for 24‑hour operation.; Centrally located on Rhode Island Ave.
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