For Sale Restaurant
45 Pennsylvania Ave Westminster, MD 21157
45 Pennsylvania Ave, Westminster, MD, 21157
$599,997
For Sale
$599,997
Restaurant property offered for sale at a convenient Westminster, MD address, suitable for operators seeking an established food venue.
Property Size1,808 SF
Price / SF$331.86
Days on Market54
Property Features for 45 Pennsylvania Ave
General Information
- Standard status
- Active
- Size
- 1,808 SF
Building Details
- Year Built
- 1880
Listing Agency
AllFirst Realty, Inc.
(443) 760-7543
Listed by
Russ Dukan
(443) 760-7543
Source
Evrealestate
Added: May 27 Checked: Jul 19 at 4:56 am
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 AllFirst Realty, Inc.
Investment Insights
Based on property information with market context.
This restaurant property is being offered for sale and is positioned for foodservice use. The asset size is listed at 1,808 square feet, providing a compact footprint that can work well for a focused dining concept or an operator looking for an existing restaurant setting.
The property is located at 45 Pennsylvania Ave in Westminster, Maryland, within Carroll County. For access and directions, the listing notes GPS use, making it straightforward for prospective buyers and brokers to confirm approach and visibility when scheduling showings.
For buyers, this presents a practical opportunity to acquire a restaurant-oriented commercial asset in Westminster. Operators considering a new concept or an experienced foodservice operator looking to expand may find the size and restaurant classification align with a streamlined service model. Because details beyond the listed use and size are not provided here, due diligence should be performed to confirm current condition and any improvements prior to purchase.
The property is located at 45 Pennsylvania Ave in Westminster, Maryland, within Carroll County. For access and directions, the listing notes GPS use, making it straightforward for prospective buyers and brokers to confirm approach and visibility when scheduling showings.
For buyers, this presents a practical opportunity to acquire a restaurant-oriented commercial asset in Westminster. Operators considering a new concept or an experienced foodservice operator looking to expand may find the size and restaurant classification align with a streamlined service model. Because details beyond the listed use and size are not provided here, due diligence should be performed to confirm current condition and any improvements prior to purchase.
Key Highlights
- Restaurant property for sale with central air conditioning
- Heating includes forced air and electric heat
- Year built: 1880
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.9k | $15.96 |
| − Vacancy | −$721 | −$0.40 |
| EGI | $28.1k | $15.56 |
| − OpEx | −$7.0k | −$3.89 |
| NOI | $21.1k | $11.67 |
1,808 SF · lease $15.96/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$301.4K
$263.8K – $351.7K
NOI $21,101 @ 7.0% cap · market cap 3.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$670.5K
$586.7K – $782.3K
NOI $46,935 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
ATM Machine at Bellisimos ...
Atm
Belisimo's
Restaurant
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FAQs
What type of property is this?
Conventional restaurant - Restaurant property offered for sale at a convenient Westminster, MD address, suitable for operators seeking an established food venue.
Where is this conventional restaurant located?
The property is located at 45 Pennsylvania Ave Westminster, MD.
What is the asking price?
The asking price for this property is $599,997.
What are key features of this property?
This property features: Restaurant property for sale with central air conditioning; Heating includes forced air and electric heat; Year built: 1880
