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    OFF-MARKET
    Turn key restaurants

    712 Broadway, Crisfield, MD 21817-1009

    3,087 SF 0.15 ac lot Built 1998
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US40-1729918
    Property summary
    AI-generated overview

    This exceptional commercial property, situated at 712 Broadway in the heart of Crisfield, Maryland's downtown marina district, presents a unique investment opportunity. Boasting a 0.15-acre lot, the building offers a versatile layout perfectly suited for a restaurant, bar, or event venue. The interior features a spacious indoor dining area complemented by an overlooking mezzanine, providing ample seating capacity and a dynamic atmosphere. An expansive outdoor deck extends the dining experience, offering picturesque views of the marina. The second floor includes a dedicated private event area, ideal for hosting special occasions or private functions. A large, well-equipped kitchen is ready for immediate use, minimizing start-up costs. Additional upstairs space provides private office areas and valuable storage. Convenient on-site private parking is included. The property's prime location directly across from Somers Cove Marina and its associated parking lot places it at the center of Crisfield's vibrant community life, benefiting from the high foot traffic generated by numerous events, including the renowned annual J. Millard Tawes Crab & Clam Bake. This turnkey property offers immediate operational potential and significant long-term growth prospects. The property is available for sale. Square footage is not currently available.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1998
    Total area 3,087 SF
    Lot 0.15 ac (6,343 SF)
    Zoning code T-M
    APN 07-113358
    UPID US40-1729918
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Main Street Investments LLC · 10 yrs held
    Main Street Investments LLC
    since 2015
    5 recorded transactions
    2015
    $80,000
    2003
    $225,000
    1969
    1969
    1969
    Zoning & alternative use
    T-M · Crisfield, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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