Turnkey Brewery and
For Sale
$1,999,999
325 Front St, Perryville, MD 21903
Fully renovated 2020 brewery and restaurant offering public water and sewer and extensive on-site parking.
Property Size10,447 SF
Price / SF$191.44
Days on Market97
Property Features for 325 Front St
General Information
Standard status
Active
Size
10,447 SF
Building Details
Year Built
1949
Listing Agency:
Garceau Realty
Listed By:
David R Feazell · License #674137
(443) 299-7937
Source:
Kandorre
Added: Jul 28
Changed: Oct 25
Last Checked: Nov 1 at 8:05AM
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 Garceau Realty
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Investment Insights
Based on property information with market context.
This turnkey brewery and restaurant property comprises a single building of approximately 10,500 square feet that was fully renovated in 2020. The offering includes two parcels totaling 1.02 acres under TC zoning. The business and real estate are listed together, presented as an operation with established customer base and operational systems in place, with $300,000 in FF&E included in the sale.
The property features a large parking lot with 83 parking spaces and is served by public water and sewer. It is located in Cecil County, Maryland, within walking distance of downtown Perryville, and is approximately 5 minutes from I-95 and Rt 40.
For buyers seeking a hospitality operator’s facility, the improvements and modernized infrastructure are intended to support both brewing and dining operations without requiring major additional investment beyond standard assumption of the existing setup.
The property features a large parking lot with 83 parking spaces and is served by public water and sewer. It is located in Cecil County, Maryland, within walking distance of downtown Perryville, and is approximately 5 minutes from I-95 and Rt 40.
For buyers seeking a hospitality operator’s facility, the improvements and modernized infrastructure are intended to support both brewing and dining operations without requiring major additional investment beyond standard assumption of the existing setup.
Key Highlights
- 10,500 SF brewery & restaurant building built in 1949, fully renovated in 2020
- TC zoning on 2 parcels totaling 1.02 acres
- Includes $300,000 in FF&E in the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$183,157
Cap Rate
9.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,663,140
$3.7M
Cap Rate 7%
$2,616,529
$2.6M
Cap Rate 9%
$2,035,078
$2.0M
Market Conditions
NOI Build-Up for 10,447 SF
Gross rent
$250.7K $24.00/SF
− Vacancy
−$6.5K −$0.62/SF
EGI
$244.2K $23.38/SF
− OpEx
−$61.1K −$5.84/SF
NOI
$183.2K $17.53/SF
Area
Cecil County, MD
Vacancy
2.60%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,663,140
Cap Rate 7%
$2,616,529
Cap Rate 9%
$2,035,078
Alternative Uses
Best Use
Specialty Retail
$2.62M
$2.29M – $3.05M
NOI $183,157 @ 7.0% cap · market cap 9.16%
Second Best
Industrial
$768.5K
$672.5K – $896.6K
NOI $53,798 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$3.87M
$3.39M – $4.52M
NOI $271,200 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
145
Businesses Nearby
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Business Placement
Demographics for 21903, MD
5,835
Population
2,451
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
92%
High-School Grad
12.7 sq mi
ZIP Area
459
Density / Sq Mi
$77,500
Median Household Income
$52,520
Median Earnings
$1,053
Median Rent
$271,700
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Brewery - Fully renovated 2020 brewery and restaurant offering public water and sewer and extensive on-site parking.
Where is this brewery located?
The property is located at 325 Front St Perryville, MD.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: 10,500 SF brewery & restaurant building built in 1949, fully renovated in 2020; TC zoning on 2 parcels totaling 1.02 acres; Includes $300,000 in FF&E in the sale
