38869 Morris Pt Rd Abell, MD 20606-2115
This exceptional turnkey waterfront restaurant in Abell, MD, presents a rare investment opportunity. Boasting 2,260 square feet on a 0.98-acre lot, the property includes 350 linear feet of prime waterfront access, perfect for attracting customers. The restaurant features a 1,300 square foot main pier with seating for patrons, a tiki bar, and five boat slips. An additional 400 square foot fire marshal-approved permanent outdoor seating tent expands capacity. A 140-foot accessory pier with five more slips provides ample docking space. A 400 square foot accessory block garage offers additional storage. The interior comprises 500 square feet of seating for up to 37 guests and a private restroom. The fully equipped 300 square foot kitchen includes a Royal oven and stovetop, an Aventico fryer, a Delfield refrigerator, an Aventico fridge and prep table, a Kelvinator commercial freezer, an OBD fridge, a stainless steel prep table, two commercial sinks, and a Badger fire suppression system. A Toast POS system and existing liquor license are included. Two rental trailers provide additional income streams. This established business is ready for a new owner to capitalize on its prime location, existing infrastructure, and loyal clientele. Priced at $900,000.
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Morris Point Restaurant Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
1 recent transactions · within 1.5 miSimilar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
RCL · Abell, MDAbell. 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.