100 Delaware AveHurlock, MD 21643

Property Details for 100 Delaware Ave

Year built

1962

Construction

BRICK

Lot size

0.38 AC

Property size (Sq ft)

1,071 SF

Property type

Retail properties

Property subtype

Drive through restaurants

APN

15-003960

APU

15003960

Description

This exceptional retail opportunity presents a 1,200 square foot established carry-out restaurant situated on a highly visible 0.38-acre corner lot in Hurlock, Maryland. The property boasts an enviable location near several major employers, ensuring a consistent flow of potential customers. The high traffic count makes this an ideal location for a variety of businesses, capitalizing on the existing customer base and strong visibility. The sale includes all existing restaurant equipment, offering a turnkey operation for a new owner. The building is ready for immediate occupancy, allowing for a swift transition and commencement of operations. This is a rare chance to acquire a well-established business in a prime location with significant growth potential. The asking price is $225,000, and a deposit can be made upon the commencement of ownership. The property's strategic location and existing infrastructure provide a solid foundation for continued success. This is a unique opportunity to own a thriving business in a desirable Maryland town. The property's corner lot provides excellent visibility and accessibility, further enhancing its appeal to potential customers. The inclusion of all equipment simplifies the transition process for the new owner, minimizing start-up costs and maximizing efficiency. Don't miss this chance to own a piece of Hurlock's thriving commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $339,471

  6.5%

  $313,357

  7%

  $290,975

• Comparable approach

  Method

  Valuation

  Relative Method

  $169,789

  Geo Method

  $169,789

• Alternative Use

  Use

  Valuation

  Residential

  $264,329

  Hospitality

  $242,124

  Educational

  $201,444

  Medical

  $208,372

  Retail

  $313,357

Location Insight

City

Hurlock

County

Dorchester

State

Maryland

Latitude

38.6295

Longitude

-75.8595

CBSA code

15700

CBSA name

CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].