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3737 Chesapeake Beach Rd
Chesapeake Beach, MD 20732
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 3,356 SF +/- Commercial Building situated on 0.36 acres +/-
- 1 vacancy = ~800 +/- SF Available
- 1 in-place tenant (Papa John’s)
- Opportunity to convert 2nd floor into to residential unit
EXECUTIVE SUMMARY
Just Listed For Sale ($850,000) or Lease ($1500/month, NNN). This stand-alone property is conveniently located on one of the main arterial roadways entering Chesapeake Beach & North Beach, MD. The 3,356 SF +/- building consists of some in-place income (Papa John's operator) with the ability to occupy or lease an available 800 SF retail space (formerly a pick-up/drop-off Dry Cleaners). Ideal for a small coffee shop or some other soft good retail to serve the neighborhood.
Additional income and upside/value comes on the 2nd floor with the ability to convert to residential apartment(s).
Calvert County Zoning: Town of Chesapeake Beach (TC)
Link to Uses: https://ecode360.com/attachment/CH3001/CH3001-290a%20Table%201%20Land%20Use%20Class.pdf
Contact Listing Agent for more details.
Additional income and upside/value comes on the 2nd floor with the ability to convert to residential apartment(s).
Calvert County Zoning: Town of Chesapeake Beach (TC)
Link to Uses: https://ecode360.com/attachment/CH3001/CH3001-290a%20Table%201%20Land%20Use%20Class.pdf
Contact Listing Agent for more details.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,356 SF
Building Class
C
Year Built
1920
Price
$850,000
Price Per SF
$253.28
Percent Leased
76%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.21
Lot Size
0.37 AC
Zoning
TC - TC Zoning in the District of Chesapeake Beach, MD
Frontage
100’ on Chesapeake Beach Rd
AMENITIES
- 24 Hour Access
- Corner Lot
- Signage
- Wheelchair Accessible
- Monument Signage
PROPERTY TAXES
| Parcel Number | 03-047083 | Improvements Assessment | $724,100 |
| Land Assessment | $186,000 | Total Assessment | $910,100 |
PROPERTY TAXES
Parcel Number
03-047083
Land Assessment
$186,000
Improvements Assessment
$724,100
Total Assessment
$910,100
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