Property profile

712 Broadway Ave Crisfield, MD 21817

OFF-MARKET
Retail properties & Spaces
3,087 SF 0.15 ac lot
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Property summary

AI-generated overview

This exceptional 3,087 square foot retail property, located at 712 Broadway Avenue in Crisfield, Maryland (zip code 21817), is offered at $400,000 ($129.58/sq ft). Situated on a 0.15-acre lot, this stand-alone building boasts a highly desirable location directly across from Somers Cove Marina and its associated parking lot – the heart of Crisfield's events, including the annual J. Millard Tawes Crab & Clam Bake. The property features an indoor dining area with an overlooking mezzanine, providing ample space for customers. Enjoy both indoor and outdoor seating options, with an outdoor deck enhancing the dining experience. A large kitchen area is equipped for culinary operations, and additional upstairs space includes a private office and storage areas. The property also includes a valuable private parking lot for patrons and staff. This versatile space is perfectly suited for a restaurant, bar, or event venue, capitalizing on its prime waterfront location and proximity to major Crisfield attractions. The property's unique features and central location make it a compelling investment opportunity in the vibrant Somerset County market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 3,087 SF
Lot 0.15 ac (6,534 SF)

Cap rate & NOI

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

Location

712 Broadway Ave 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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