8831 Chesapeake Ave North Beach, MD 20714-5015
This established restaurant, Dairy Freeze, is for sale for the first time in over two decades. Located at 8831 Chesapeake Ave in North Beach, Maryland, this 1,368 square foot, single-story building sits on a 0.08-acre lot with prime road frontage. The property boasts over 8,000 cars passing daily, offering excellent visibility and accessibility. Enjoy stunning water views of the Chesapeake Bay. The restaurant features both indoor and outdoor dining areas, a convenient walk-up service window, and two walk-in refrigeration units. A spacious kitchen is adaptable to various culinary concepts. Ample staff parking is available on-site. The sale includes all furniture, fixtures, and equipment, making this a true turnkey opportunity. The property is zoned C and offers a fee simple ownership. Built in 1999, this is a rare chance to acquire a well-established restaurant in the desirable Chesapeake/North Beach area. The asking price is $870,000.
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
Property description
Physical attributes from public recordsZoning & alternative use
C · North Beach, MDNorth Beach. Always verify with local authorities before improvements.
No recorded transactions found for this property.
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.