How many Restaurant listings are available for sale in Saint Michaels?
Currently, there are 0 Restaurant listings for sale near Saint Michaels, MD. The restaurant listings on LoopNet are constantly refreshed, ensuring new properties are frequently introduced.
How much does it cost to buy a Restaurant for sale in Saint Michaels?
The average price per square foot for restaurants for sale is about $214 and varies based on factors such as location, age of the building, need to renovate and more.
The cost of restaurants for sale in Saint Michaels, MD is also influenced by the size of the dining and kitchen areas, the availability of commercial-grade equipment, outdoor seating, etc.
What is the average size of a Restaurant available for sale in Saint Michaels?
The average size of restaurants available for sale in Saint Michaels, MD is approximately 6,243 SF. The largest space available is 9,678 SF and the smallest is 2,100 SF.
The size of restaurant you'll need will depend on factors such as service style, seating capacity, inclusion of special features such as a bar, etc.
What are the benefits of buying a Restaurant space in Saint Michaels?
Buying a restaurant space in Saint Michaels, MD offers several benefits that can appeal to prospective restaurateurs and investors:
- Ownership Benefits: Provides control over the property and greater flexibility in terms of business decisions
- Long-Term Cost Stability: Eliminates uncertainty of potential rent increases
- Additional Revenue Streams: Opportunities to diversify revenue through catering, private events, etc.
- Community Engagement: Foster connections with the local community and build a loyal customer base
- Investment Opportunity: Offers potential for capital appreciation and rental income in the future