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    Westminster, MD
    Restaurants

    Westminster, MD Restaurants for Sale

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    Hampstead, MD Finksburg, MD Union Bridge, MD Manchester, MD New Windsor, MD Taneytown, MD Sykesville, MD Reisterstown, MD
    For Sale Restaurant Property
    Updated: May 27
    For Sale Restaurant Property

    45 Pennsylvania Ave, Westminster, MD 21157

    $599,997
    1,808 sqft
    Restaurant property for sale with central air conditioning
    Heating includes forced air and electric heat
    Year built: 1880
    Located in Carroll County (Westminster, MD address)
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    45 Pennsylvania Ave, Westminster, MD 21157

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    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $21K
      Annual

    • Price @ 7% Cap

      $301K
      Suggested

    • Last Sold

      Oct 2013
      $230K

    • Property Type

      Commercial Office/Residential (Mixed Use)
      Built 1880
    View Property Analytics
    Net-Leased Fast Food Restaurant
    Updated: Apr 11
    Net-Leased Fast Food Restaurant

    120 Mall Ring Rd, Westminster, MD 21157

    Contact for pricing
    Arby’s outparcel restaurant in Westminster, MD, part of the greater Baltimore‑Washington Combined Statistical Area
    Located off Baltimore Boulevard (Route 140), the city’s main retail corridor
    Daily average of 60,000 cars passing the immediate vicinity
    Absolute net lease with zero landlord responsibilities and a corporately guaranteed lease
    Over five years of primary term remaining, with a one, five‑year option
    View details
    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 2 Active listings in Westminster, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads, plus 1 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.

    Former Restaurant Space
    Former Restaurant Space

    375 Eisenhower Dr, Hanover, PA 17331

    Contact for pricing
    6,709 sqft

    Commercial space positioned among established retail, grocery, and hospitality businesses in Hanover.

    View details
    Turnkey Restaurant and Market
    Turnkey Restaurant and Market

    11037 LIBERTY Road, Frederick, MD 21701

    $2,500,000
    1.62 AC lot

    Fully renovated restaurant and market property with a full-service commercial kitchen and retail-ready refrigeration.

    View details
    Turnkey Restaurant and Market
    Turnkey Restaurant and Market

    11037 Liberty Rd, Frederick, MD 21701

    $2,500,000

    Turnkey buildout with a full-service kitchen, retail refrigeration, and outdoor dining for restaurant and market concepts.

    View details
    Ice Cream Business Sale
    Ice Cream Business Sale

    1767 Baltimore Pike, Hanover, PA 17331

    Contact for pricing

    Business and FF&E are available, including a trailer vehicle and all equipment.

    View details

    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.

    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.

    View details

    Off-Market Properties in Westminster, MD

    Consider similar Off-Market properties in Westminster, 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.

    452 Main St
    RESTAURANT

    452 Main St, Westminster, MD 21157-5540

    $270,000
    Estimated value
    4,604 sqft 1.32 AC lot
    View details
    21 Cranberry Rd
    RESTAURANT

    21 Cranberry Rd, Westminster, MD 21157-5101

    $1,390,000
    Estimated value
    6,957 sqft 1.80 AC lot
    View details
    830 Market St
    RESTAURANT

    830 Market St, Westminster, MD 21157-6114

    $3,390,000
    Estimated value
    8,576 sqft 1.70 AC lot
    View details
    310 Grn St
    RESTAURANT

    310 Grn St, Westminster, MD 21157-5455

    $1,210,000
    Estimated value
    7,208 sqft 0.39 AC lot
    View details
    11 Cranberry Rd
    RESTAURANT

    11 Cranberry Rd, Westminster, MD 21157-5101

    $490,000
    Estimated value
    4,663 sqft 1.50 AC lot
    View details
    206 Malcolm Dr
    RESTAURANT

    206 Malcolm Dr, Westminster, MD 21157-6110

    $570,000
    Estimated value
    6,056 sqft 1.32 AC lot
    View details
    480 Mdw Crk Dr
    RESTAURANT

    480 Mdw Crk Dr, Westminster, MD 21158-4445

    $615,000
    Estimated value
    6,750 sqft 1.00 AC lot
    View details
    132 Main St
    RESTAURANT

    132 Main St, Westminster, MD 21157-4447

    $310,000
    Estimated value
    5,101 sqft 0.69 AC lot
    View details
    500 Gorsuch Rd
    RESTAURANT

    500 Gorsuch Rd, Westminster, MD 21157-6530

    $480,000
    Estimated value
    6,235 sqft 2.11 AC lot
    View details
    490 Mdw Crk Dr
    RESTAURANT

    490 Mdw Crk Dr, Westminster, MD 21158-4445

    $430,000
    Estimated value
    4,672 sqft 1.10 AC lot
    View details
    596 Jermor Ln
    DRIVE-THRU RESTAURANT, FAST FOOD

    596 Jermor Ln, Westminster, MD 21157-6126

    $355,000
    Estimated value
    3,000 sqft 0.40 AC lot
    View details
    505 Jermor Ln
    BAR, TAVERN

    505 Jermor Ln, Westminster, MD 21157-6126

    $695,000
    Estimated value
    17,107 sqft 2.50 AC lot
    View details
    Baltimore Blvd
    RESTAURANT

    Baltimore Blvd, Westminster, MD 21157

    $430,000
    Estimated value
    3,588 sqft 0.69 AC lot
    View details
    505 1st 40th Vlg Rd
    RESTAURANT

    505 1st 40th Vlg Rd, Westminster, MD 21157

    $290,000
    Estimated value
    2,456 sqft 0.43 AC lot
    View details
    624 Baltimore Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    624 Baltimore Blvd, Westminster, MD 21157-6104

    $225,000
    Estimated value
    1,499 sqft 0.57 AC lot
    View details
    6 Baltimore Blvd
    DRIVE-THRU RESTAURANT, FAST FOOD

    6 Baltimore Blvd, Westminster, MD 21157-4634

    $375,000
    Estimated value
    3,758 sqft 1.45 AC lot
    View details
    20 Distillery Rd
    RESTAURANT

    20 Distillery Rd, Westminster, MD 21157-5021

    $305,000
    Estimated value
    5,560 sqft 0.13 AC lot
    View details
    15 Baltimore Blvd
    RESTAURANT

    15 Baltimore Blvd, Westminster, MD 21157-4649

    $415,000
    Estimated value
    4,348 sqft 1.10 AC lot
    View details
    20 Liberty St
    BAR, TAVERN

    20 Liberty St, Westminster, MD 21157-4905

    $245,000
    Estimated value
    2,788 sqft 0.14 AC lot
    View details
    2820 Littlestown Pike
    RESTAURANT

    2820 Littlestown Pike, Westminster, MD 21158-2247

    $575,000
    Estimated value
    3,200 sqft 0.57 AC lot
    View details
    65 Main St
    RESTAURANT

    65 Main St, Westminster, MD 21157-4839

    $265,000
    Estimated value
    4,960 sqft 0.27 AC lot
    View details
    250 Englar Rd
    DRIVE-THRU RESTAURANT, FAST FOOD

    250 Englar Rd, Westminster, MD 21157-2929

    $300,000
    Estimated value
    1,288 sqft 6.44 AC lot
    View details

    Westminster, MD Restaurants Market Trends and Statistics

    Explore 29 restaurants for sale in Westminster, MD on our real estate platform. These investment opportunities span a total of 1,808 square feet of properties for sale, with an estimated market value of $599,997.

    Sale prices for restaurant properties in Westminster, MD average $599,997 — 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

    Conventional restaurants 3

    Demographics Overview

    Population 63K
    Population Growth (5Y) +7.9%
    Median Household Income $104,968
    College Educated 50.6%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    21157 $771K

    Taxes & Financing

    Tax Rate (average for all types) 1.51%
    Property Tax per SF $21.64 per SF
    Tax Rate vs County Average 0.15 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Carroll County

    New Delisted

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