Property profile

901 Main St Crisfield, MD 21817

OFF-MARKET
Mixed-use properties
2,447 SF 0.08 ac lot Built 1905
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Property summary

AI-generated overview

This exceptional turn-key restaurant opportunity is located at 901 W Main Street in the charming historic town of Crisfield, Maryland. The property, a 2,447 square foot mixed-use building situated on a 0.08-acre lot, offers a fully furnished dining and bar area, a fully equipped kitchen designed for American cuisine and baking, and an outdoor gathering space. Its prime downtown location provides easy access to abundant street parking and on-site parking, ensuring convenient access for patrons. The restaurant benefits from its proximity to local attractions, including hotels and Somers Cove Marina, attracting both local and tourist clientele. The established business boasts a loyal following, built over years of operation as Waterman's Inn, and features a current menu that caters to local preferences. The building also includes a spacious office with a bathroom, which could easily serve as an on-site apartment. This 117-year-old building presents a unique chance to acquire a thriving restaurant business in a desirable location, ready for immediate operation. The asking price is $178,000. This is a rare opportunity to own a piece of Crisfield's rich history and vibrant culinary scene.

Property profile

Verified
Property type Mixed-use properties
Year built 1905
Total area 2,447 SF
Lot 0.08 ac (3,485 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Catering Service Take-out & Catering

Location

901 Main St Crisfield, MD 21817
Crisfield metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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