8700 Chestnut Ave Bowie, MD 20720-3671
Property Lookup
Property profile & analytics
8700 Chestnut Ave Bowie, MD 20720-3671
- Retail space
- 2,976 SF
- 0.41 lot acres
Property ID
US40-1068263
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- RSVP-Old Bowie / Restaurant
Property Details for 8700 Chestnut Ave
- Year built
- 1940
- Construction
- BRICK
- Lot size
- 0.41 lot acres
- Property size
- 2,976 SF
- Zone code
- CN
- Property type
- Retail space
- APN
- 14-1616705
- APU
- 141616705
Description
This exceptional freestanding restaurant/bar, located at 8700 Chestnut Ave in Old Town Bowie, MD, presents a unique investment opportunity. The 2,976 square foot building, constructed in 1940 and renovated in 2019, sits on a generous .52-acre lot zoned MUI. Its prime corner location is adjacent to a park, offering a picturesque setting and ample natural light. The property boasts a private parking lot, adding significant convenience for patrons. Inside, the fully equipped space includes a bar, kitchen hoods, grease trap, and walk-in coolers – all ready for a new operator. The existing infrastructure is ideal for a seamless transition, minimizing start-up costs. The affluent surrounding neighborhood, with median household incomes exceeding $141,000 within one mile and $114,000 within five miles, ensures a strong potential customer base. This is a rare chance to acquire a turn-key restaurant/bar in a highly desirable location. The asking price is $1,300,000 ($436.83 per square foot). Don't miss this chance to own a piece of Old Town Bowie.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Bowie
- County
- Prince George's
- State
- Maryland
- Longitude
- -76.7792
- Latitude
- 39.0086
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,832
$0.00
$0.00
$353,700
-
$83,900
$440,600
$524,500
