Restaurants

Chestertown, MD Restaurants for Sale

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Restaurant Building with Conversion Potential
Updated: Apr 12
Restaurant Building with Conversion Potential

903 Washington Avenue, Chestertown, MD 21620

Contact for pricing
Restaurant building with an existing layout suited for a new branded restaurant
Pizza Hut restaurant previously occupied the site and recently closed
Additional potential to be renovated for a mixed‑use facility with single or multiple MEDICAL tenants
Backs to Kent County’s largest industrial park with multiple buildings constructed and occupied and many under construction
Near town home to Washington College
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 1 Active listings in Chestertown, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 14 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Brewery and Restaurant
Turnkey Brewery and Restaurant

325 Front St, Perryville, MD 21903

$1,999,999
10,447 sqft

Fully renovated 2020 brewery and restaurant offering public water and sewer and extensive on-site parking.

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Turnkey Brewery & Restaurant
Turnkey Brewery & Restaurant

325 FRONT Street, Perryville, MD 21903

$1,999,999
1.02 AC lot

Fully renovated in 2020 brewery and restaurant with turnkey operations, ample parking, and public water and sewer service.

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Turnkey Business Opportunity in Dundalk
Turnkey Business Opportunity in Dundalk

3814 NORTH POINT Blvd, Dundalk, MD 21222

$699,000
0.34 AC lot

Long-standing business with building, license, and apartments for sale.

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Turnkey Bar and Restaurant with Patio
Turnkey Bar and Restaurant with Patio

3814 NORTH POINT Boulevard, Dundalk, MD 21222

$699,000
0.34 AC lot

Turnkey bar and restaurant with outdoor patio, horseshoe pits, and a standalone building with ample parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Development Opportunity
Commercial Land Development Opportunity

200A Back River Neck Road, Essex, MD 21221

$650,000

Entitled commercial land for retail/office building with active grading permit.

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Prime Commercial Lot in Perryville
Prime Commercial Lot in Perryville

1105 PERRYVILLE Road, Perryville, MD 21903

$489,900
1.10 AC lot

High-exposure commercial lot with frontage on Perryville Road and Aiken Avenue.

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Land on Belair Road, Baltimore
Land on Belair Road, Baltimore

8713 BELAIR RD, Baltimore, MD 21236

$999,999
2.67 AC lot

2.67 acre site suitable for senior housing or restaurants.

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Corner Commercial Development Site
Corner Commercial Development Site

2247 CONOWINGO Road, Bel Air, MD 21015

$2,000,000
2.00 AC lot

Level, highly visible corner parcels offer a straightforward footprint for drive-in retail and quick-service uses.

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Off-Market Properties in Chestertown, MD

Consider similar Off-Market properties in Chestertown, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

903 Washington Ave
RESTAURANT

903 Washington Ave, Chestertown, MD 21620-3331

$525,000
Estimated value
3,528 sqft 0.92 AC lot
View details
834 High St
RESTAURANT

834 High St, Chestertown, MD 21620-1135

$355,000
Estimated value
2,376 sqft 0.37 AC lot
View details
229 High St
RESTAURANT

229 High St, Chestertown, MD 21620

$790,000
Estimated value
3,862 sqft 0.21 AC lot
View details
337 High St
BAR, TAVERN

337 High St, Chestertown, MD 21620-1363

$255,000
Estimated value
2,248 sqft 0.12 AC lot
View details
827 High St
DRIVE-THRU RESTAURANT, FAST FOOD

827 High St, Chestertown, MD 21620-1100

$280,000
Estimated value
644 sqft 0.07 AC lot
View details
849 Washington Ave
RESTAURANT

849 Washington Ave, Chestertown, MD 21620-1003

$450,000
Estimated value
4,980 sqft 0.55 AC lot
View details
98 Cannon St
RESTAURANT

98 Cannon St, Chestertown, MD 21620-1582

$345,000
Estimated value
5,094 sqft 0.42 AC lot
View details
860 High St
RESTAURANT

860 High St, Chestertown, MD 21620-3909

$565,000
Estimated value
4,000 sqft 2.32 AC lot
View details
8000 Rock Hall Rd
RESTAURANT

8000 Rock Hall Rd, Chestertown, MD 21620-4449

$195,000
Estimated value
1,750 sqft 1.52 AC lot
View details
707 Washington Ave
DRIVE-THRU RESTAURANT, FAST FOOD

707 Washington Ave, Chestertown, MD 21620-1001

$430,000
Estimated value
3,049 sqft 0.96 AC lot
View details
844 High St
RESTAURANT

844 High St, Chestertown, MD 21620-1135

$240,000
Estimated value
1,353 sqft 0.37 AC lot
View details
23141 Buck Nck Rd
RESTAURANT

23141 Buck Nck Rd, Chestertown, MD 21620-3704

$410,000
Estimated value
2,735 sqft 15.95 AC lot
View details
875 Washington Ave
DRIVE-THRU RESTAURANT, FAST FOOD

875 Washington Ave, Chestertown, MD 21620-1003

$425,000
Estimated value
2,935 sqft 0.90 AC lot
View details
717 Washington Ave
DRIVE-THRU RESTAURANT, FAST FOOD

717 Washington Ave, Chestertown, MD 21620-1001

$265,000
Estimated value
1,786 sqft 0.84 AC lot
View details

Chestertown, MD Restaurants Market Trends and Statistics

Explore 15 restaurants for sale in Chestertown, MD on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Coffee shops 1
Conventional restaurants 1

Demographics Overview

Population 14K
Population Growth (5Y) +2.9%
Median Household Income $76,094
College Educated 32.4%

High-Yield Neighborhoods for Investment

Identify Chestertown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21620 $1.3M

Taxes & Financing

Tax Rate (average for all types) 1.34%
Property Tax per SF $23.81 per SF
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Kent County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Chestertown fall within the 10,000 to 25,000 square foot range.

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