2511 Hammonds Fry Rd, Halethorpe, MD 21227-2918
This exceptional investment opportunity presents a fully renovated bar and restaurant located at 2511 Hammonds Ferry Rd, Halethorpe, MD 21227. The property, situated on a 0.16-acre lot, boasts 2,238 square feet of space spread across two stories within a single building constructed in 1929 and extensively renovated in 2021. The main level comprises a fully equipped restaurant and bar, complete with a seven-day Class D liquor license permitting both on and off-premises sales. A dedicated private parking lot adds to the convenience. The second floor offers a residential apartment currently utilized for events and administrative purposes. This turnkey operation comes with existing management and staff in place, ensuring a smooth transition for the new owner. The asking price is $595,000. Financial details regarding the impressive return on investment are available upon request. This is a rare chance to acquire a thriving, established business in a desirable location. The property's recent renovation ensures modern amenities and efficiency, minimizing immediate capital expenditure needs. The combination of a strong income stream, established clientele, and prime location makes this a compelling investment prospect.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BL · Halethorpe, MDHalethorpe. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.