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Property profile & analytics

11328 Blvd Berlin, MD 21811

  • Investment properties
  • 21.24 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Isalis / (Bike/Boat/Book/etc) Store
  • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
  • Skunk Funk / Big Box & Wholesale Store
  • Carl's Trading Co / Hat Shop
  • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

Property Details for 11328 Blvd

Year built
2018
Lot size
21.24 lot acres
Property type
Investment properties

Description

This exceptional business opportunity encompasses a thriving 150-seat restaurant and bar situated in a bustling Berlin, MD shopping center. Boasting two established concepts – a six-year-old Fox's Pizza franchise and a gastropub – this property offers significant revenue potential. The Fox's Pizza location benefits from a loyal customer base, proven sales, and a national brand recognition. Its prime location on Route 50, at a lighted intersection with high daily traffic counts (32,800 cars), ensures maximum visibility. The property's proximity to major retailers like Home Depot and Walmart further enhances its appeal. The interior features a dual kitchen setup, allowing for efficient operation of both businesses with separate hood systems and equipment. A comprehensive inventory of furniture, fixtures, and equipment (FF&E) is included, making this a true turnkey operation. The restaurant boasts an extra-large kitchen with walk-in cooler and freezer, while the bar area includes a 20-seat bar, additional bar seating for approximately 40, and 8 televisions. A dedicated walk-in cooler behind the 16-tap system ensures ample cold draft beer storage. The property also includes a full 7-day liquor, beer, and wine license and a fully integrated 6-terminal POS system. The restaurant's diverse menu caters to a wide range of tastes, offering pizza, salads, handhelds, burgers, appetizers, and entrees. With a 21.24-acre lot and the potential for carryout and delivery services through integrated Slice and DoorDash systems, this property presents a unique opportunity for significant growth and profitability. The expansive delivery area covers Ocean Pines, Berlin, and West Ocean City, reaching both the year-round local population (24,000+) and the substantial influx of summer visitors (350,000+ weekly) to Ocean City.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use


Location Insight

  • Map
  • Local Demand
City
Berlin
County
WORCESTER
State
Maryland
Longitude
-75.1852
Latitude
38.3431
More about this property
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