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Union Hotel & Tavern 1332 Susquehanna River Rd 4,000 SF Retail Building Port Deposit, MD 21904 $700,000 ($175/SF)
INVESTMENT HIGHLIGHTS
- Historic Property
- Commercial kitchen and bar equipment included
- Living Quarters Above Restaurant
- 3 Parcels included
- Outdoor Music and Bar Venue
EXECUTIVE SUMMARY
This offering includes three contiguous commercial parcels featuring the historic Union Hotel Restaurant, the Log Cabin Bar, and on-site parking. All parcels are zoned for commercial use and are being sold together as a portfolio. The property has not been in operation since 2019 and is a registered historic site, presenting a unique opportunity for redevelopment, adaptive reuse, or restoration under potential historic preservation tax incentives. Given the property’s current vacant status, there is no existing income to support a trailing CAP rate. A pro forma CAP rate may be developed based on market lease rates and future operating assumptions. This is a rare chance to acquire a historically significant property with commercial zoning and strong potential.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
4,000 SF
Year Built
1790
Price
$700,000
Price Per SF
$175
Tenancy
Single
Building Height
3 Stories
Building FAR
0.04
Lot Size
2.17 AC
Zoning
BG
Parking
100 Spaces (10 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $6,900 | Total Assessment | $397,400 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$6,900
Improvements Assessment
$0
Total Assessment
$397,400
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Union Hotel & Tavern | 1332 Susquehanna River Rd
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