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Simone Velvel

simone@thevelvelgroup.com +1(703) 507-7614

Listed by Shawn Kotwica • Coldwell Banker Realty

$725,000

Est. payment - /mo

1.4 Acres Lot

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Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Pending

Purchase Type For Sale

MLS Listing ID MDWC2012596

Year Built 1900

Annual Tax Amount $3,962

Tax Year 2023

Lot Size 1.400 Acres

Acres 1.4

Property Sub-Type Special Purpose

Source BRIGHT

Property Description

Locally Famous Neighborhood Restaurant and Bar building with 100 indoor seats, and additional outdoor seating. Plenty of parking are included in the sale of this fully equipped building with Keno and more. Sit back and relax as you let the current tenants continue the areas popular spot, or take over with your own establishment once the lease expires in 1.5 years. Tenant has option for 5 year renew that could make this a passive property, but tenant is willing to forgo option if new owner wishes to operate establishment as owner operator.

Location

State MD

County Wicomico

Area Wicomico Northeast (23-02)

Zoning C

Interior

Hot Water Bottled Gas

Heating Heat Pump(s)

Cooling Zoned, Central A/C

Flooring Concrete

Heat Source Electric

Exterior

Garage Spaces 26.0

Utilities Available Cable TV, Phone, Propane, Sewer Available, Water Available

Water Access N

Roof Type Asphalt

Street Surface US Highway/Interstate

Accessibility 2+ Access Exits

Total Parking Spaces 26

Garage N

Building

Lot Description Cleared, Corner

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Wicomico County Public Schools

Others

Tax ID 2304006879

Ownership Fee Simple

Special Listing Condition Standard

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Nearby Locations

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland 20895, USA

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