2511 Hammonds Ferry RdLansdowne, MD 21227
- Other commercial real estate
- 2,238 SF
Property Details for 2511 Hammonds Ferry Rd
- Year built
- 1929
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 2,238 SF
- Zone code
- BL
- Property type
- Other commercial real estate
- APN
- 13-1305770080
- APU
- 131305770080
Description
This exceptional investment opportunity presents a fully renovated bar and restaurant located at 2511 Hammonds Ferry Rd, Halethorpe, MD 21227. The property, situated on a 0.16-acre lot, boasts 2,238 square feet of space spread across two stories within a single building constructed in 1929 and extensively renovated in 2021. The main level comprises a fully equipped restaurant and bar, complete with a seven-day Class D liquor license permitting both on and off-premises sales. A dedicated private parking lot adds to the convenience. The second floor offers a residential apartment currently utilized for events and administrative purposes. This turnkey operation comes with existing management and staff in place, ensuring a smooth transition for the new owner. The asking price is $595,000. Financial details regarding the impressive return on investment are available upon request. This is a rare chance to acquire a thriving, established business in a desirable location. The property's recent renovation ensures modern amenities and efficiency, minimizing immediate capital expenditure needs. The combination of a strong income stream, established clientele, and prime location makes this a compelling investment prospect.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $552,351
- Hospitality
- $505,950
- Educational
- $420,945
- Medical
- $435,422
- Retail
- $654,803
Location Insight
- City
- Halethorpe
- County
- Baltimore
- State
- Maryland
- Latitude
- 39.2463
- Longitude
- -76.6645
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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