Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    FOR SALE
    Strip malls

    1013 S Talbot St, Saint Michaels, MD 21663

    18,420 SF 2.22 ac lot Built 1986
    Entity Owned 6-yr Hold Free & Clear
    Property ID
    US40-1029051
    Property summary
    AI-generated overview

    This exceptional Class A restaurant, located at 1013 S Talbot St in the vibrant town of Saint Michaels, Maryland (zip code 21663), is offered for sale at $425,000. The property consists of a single unit, operating as a well-established eat-in and carry-out restaurant. Its prime location within a busy vacation area contributes to its strong track record and well-known reputation. The business boasts a consistently high sales history, demonstrating its profitability and potential for continued success. This turnkey opportunity presents a unique chance to acquire a thriving restaurant in a desirable Maryland location. The restaurant is situated in Talbot County and enjoys excellent visibility and accessibility. Detailed financial records are available upon request to qualified buyers. This is an ideal investment for experienced restaurateurs seeking a profitable and established business in a high-traffic tourist destination. The property's success is built upon a strong brand and loyal customer base, making it a compelling investment opportunity. Serious inquiries only.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1986
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 18,420 SF
    Lot 2.22 ac (96,703 SF)
    Zoning code C2
    APN 02-072874
    UPID US40-1029051
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dragon Express Restaurant
    • Rusticana Pizzano Restaurant
    • Tidewater Physical Therapy & Rehabilitation Associates, P.A. Medical Clinic
    • Express Ymca Child Welfare Organization Charitable Organization
    • Shore United Bank Bank Loan Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    St Michaels Dev LLC · 6 yrs held
    St Michaels Dev LLC
    since 2019
    1 recorded transaction
    2019
    Zoning & alternative use
    C2 · St Michaels, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message