Restaurants

Pittsville, MD Restaurants for Sale

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Restaurant and Bar Building For Sale
Updated: Feb 23, 2024
Restaurant and Bar Building For Sale

7456 GUMBORO ROAD, Pittsville, MD 21850

$725,000
1.40 AC lot
Established restaurant and bar building with 100 indoor seats and outdoor seating.
Sale includes a fully equipped building with Keno.
Current tenant provides immediate income with option for passive income through lease renewal.
Tenant willing to forgo renewal option for owner‑operator.
Includes ample parking.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Pittsville, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Freestanding Retail/Office Building
Freestanding Retail/Office Building

1316 MOUNT HERMON Road, Salisbury, MD 21804

$2,950,000
14,800 sqft 2.02 AC lot

Freestanding, fully conditioned space at a signalized intersection with multiple entrances on two roads.

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Triple Net Restaurant Property
Triple Net Restaurant Property

12 Broad Street, Berlin, MD 21811

$1,440,000
6,268 sqft

Single-tenant restaurant NNN investment featuring a leased operating restaurant with scheduled 3% annual rent increases.

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Established Subway Restaurant For Sale
Established Subway Restaurant For Sale

10134 OLD OCEAN CITY Blvd, Berlin, MD 21811

$249,000

Subway restaurant near Berlin, MD, benefits from high traffic.

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Seafood Restaurant with Outdoor Space
Seafood Restaurant with Outdoor Space

331 CIVIC AVENUE A-B, Salisbury, MD 21804

$125,000
10,000 sqft

Restaurant with indoor and outdoor space, includes all FF&E.

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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 on Highway Rt. 13
Commercial Land on Highway Rt. 13

109 S. DULANY Ave, Fruitland, MD 21826

$95,000

C-4 zoned commercial land with highway frontage on Rt. 13.

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Commercial Land Near Ocean Downs
Commercial Land Near Ocean Downs

10329 RACETRACK Rd, Berlin, MD 21811

$2,600,000
7.89 AC lot

9.26-acre commercial development opportunity near Ocean Downs Casino.

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Commercial Land Near Ocean Downs Casino
Commercial Land Near Ocean Downs Casino

10329 RACETRACK Road, Berlin, MD 21811

$2,600,000
9.26 AC lot

9.26-acre commercial land parcel with development potential.

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Prime Commercial Land Opportunity
Prime Commercial Land Opportunity

30836-PARCEL 2 DUPONT BLVD, Dagsboro, DE 19939

$2,000,000
20.24 AC lot

20.24 acres with high visibility and development potential.

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Off-Market Properties in Pittsville, MD

Consider similar Off-Market properties in Pittsville, 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.

7456 Gumboro Rd
RESTAURANT

7456 Gumboro Rd, Pittsville, MD 21850-2016

$625,000
Estimated value
3,900 sqft 0.39 AC lot
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34200 Old Ocean City Rd
RESTAURANT

34200 Old Ocean City Rd, Pittsville, MD 21850-2009

Value Estimation by Request
2,292 sqft 0.82 AC lot
View details

Pittsville, MD Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Pittsville, MD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $725,000.

Sale prices for restaurant properties in Pittsville, MD start at $725,000, averaging $725,000, and reaching up to $725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Bars & Pubs 1
Conventional restaurants 1

Demographics Overview

Population 3,733
Population Growth (5Y) +20.6%
Median Household Income $76,667
College Educated 15.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
21850 $725K

Taxes & Financing

Tax Rate (average for all types) 0.93%
Property Tax per SF $33.65 per SF
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wicomico County

New Delisted

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