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325 Front St 10,500 SF Retail Building Perryville, MD 21903 $2,100,000 ($200/SF)
Investment Highlights
- Complete turnkey opportunity with established customer base
- $300,000 in furniture, fixtures & equipment included in sale & $15,000 inventory included in asking price (See inventory list provided)
- 2000sf concrete deck with multiple outdoor sails/coverings & outdoor lighting & handicap ramp
- Renovated: 2020 (Full overhaul interior & exterior) Power: 3 Phase Roof: New 2020 HVAC: New 2020 --multiple 5-ton units
- (2) Bars (2) Event Rooms (5) Bathrooms (1) Office (83) Parking Spaces & Street Parking
Executive Summary
TURNKEY BREWERY & RESTAURANT IN CECIL COUNTY, MARYLAND. This 10,500SF building was fully renovated in 2020. 2 Parcels totaling 1.02 Acres of TC zoning. The business has been successfully operating with an established customer base. The Business & Real Estate are being sold at Real Estate value only, which creates a tremendous opportunity for a Buyer. Modern, fully renovated facilities requiring minimal additional investment. Established customer base and operational systems in place. A complete turnkey opportunity for experienced hospitality operators.
The craft brewing industry continues to show strong growth, and this well-positioned establishment offers both brewing and dining revenue opportunities. The recent renovations and modern infrastructure provide a tremendous foundation for continued success and potential expansion. $300,000 in FF&E included in the sale.. Huge parking lot with 83 parking spaces. Public Water & Sewer. Walking distance from all of downtown Perryville. 5mins from I-95 and Rt 40.
The craft brewing industry continues to show strong growth, and this well-positioned establishment offers both brewing and dining revenue opportunities. The recent renovations and modern infrastructure provide a tremendous foundation for continued success and potential expansion. $300,000 in FF&E included in the sale.. Huge parking lot with 83 parking spaces. Public Water & Sewer. Walking distance from all of downtown Perryville. 5mins from I-95 and Rt 40.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
B
Year Built
1949
Price
$2,100,000
Price Per SF
$200
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
1.02 AC
Zoning
TC
Parking
83 Spaces (7.9 Spaces per 1,000 SF Leased)
Somewhat walkable
20/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-021674 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,299,700 |
Property Taxes
Parcel Number
07-021674
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,299,700
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325 Front St
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