79 Plum Crk Rd, North East, MD 21901-5345
This 4,200 square foot retail building, located at 79 Plum Creek Rd in North East, Maryland, presents a unique investment opportunity. Currently operating as a convenience store and liquor store, this established business benefits from a long-standing, grandfathered use within the LDR zoned 0.359-acre lot. The main floor comprises 3,200 square feet of retail space, including a walk-in cooler, ideal for continued operation or potential expansion. A 1,000 square foot apartment, currently under renovation, occupies the second floor and features a private entrance, offering additional income potential or owner occupancy. The property, built in 1950, requires some updating, but its prime location, serving local boat marinas and residents for years, offers significant upside. The property includes a seven-day beer, wine, and liquor license and convenient access via local roads on three sides. The current operating hours are Sunday-Thursday 10 AM to 7 PM and Friday-Saturday 10 AM to 8 PM. The property utilizes a private well and septic system. This is a rare chance to acquire a well-established business with substantial potential in a desirable location.
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
LDR · North East, MDNorth East. 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.