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    OFF-MARKET
    Investment properties

    79 Plum Crk Rd, North East, MD 21901-5345

    4,024 SF 0.46 ac lot Built 1950
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US40-1343495
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1950
    Construction BRICK
    Total area 4,024 SF
    Lot 0.46 ac (20,000 SF)
    Zoning code LDR
    APN 05-055997
    UPID US40-1343495
    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
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Parikh & Patel LLC · 1 yrs held
    Parikh & Patel LLC
    since 2025
    Last sale
    $275,000
    4 recorded transactions
    2025
    $275,000
    2022
    2022
    $200,000
    2018
    Zoning & alternative use
    LDR · North East, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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