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    1221 Eastern Blvd Essex, MD 21221

    Sponsored
    For Sale
    $80,000

    Established Chinese eatery, strong profits.

    Property size:
    1,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a thriving Chinese restaurant for sale in Essex, Maryland. Located at 1221 Eastern Blvd, this end-unit establishment boasts a remarkable 35-year history and a loyal customer base. The 1,250 square foot space is currently 100% occupied and features ample parking with 89 spaces available. The business operates under a net lease with a remaining term of 6 years and includes three tenants. The asking price is $80,000, representing a price per square foot of $64. Financial records demonstrate consistent profitability, even with the current owner's partial retirement. This well-equipped restaurant offers a turnkey operation with significant potential for growth under new ownership. The existing customer base and strong reputation provide a solid foundation for continued success. The business benefits from its advantageous location and established presence within the community. This is a rare opportunity to acquire a profitable, established restaurant with a proven track record and significant upside potential. The property is situated in Baltimore County, Maryland, zip code 21221. This is a multi-tenant property with a strong history of success. The opportunity to acquire a business with such a long and successful history is rare and should not be missed.

    Property Features for 1221 Eastern Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    1,250 SF

    HighLights

    • Established customer base.
    • 35‑year operating history with strong reputation.
    • Profitable with significant upside potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Essex
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.46075112
    Latitude
    39.31493646

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    FAQs

    What type of property is this?
    Restaurant - Established Chinese eatery, strong profits.
    Where is this restaurant located?
    The property is located at 1221 Eastern Blvd Essex, MD.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: Established customer base.; 35-year operating history with strong reputation.; Profitable with significant upside potential.
    Request Owner's contact information
    1221 Eastern Blvd Essex, MD 21221
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    Essex, MD 21221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1221 Eastern Blvd Essex, MD 21221
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