Berlin, MD 21811 11021 Nicholas Lane # 1
$800,000
31 more
Presented By: Coldwell Banker/Bud Church Rea
SQFT • 4,000
SQFT • 4,000Home Details
Tremendous business opportunity in extremely high traffic area. Well established waterfront restaurant at the South gate entrance of Ocean Pines. Turn key business that includes everything. All equipment, all tables, good will etc etc. Purchase, change your liquor license and start running your own business immediately. Approximately 225 seats inside/outside overlooking a 3+- acre irrigated pond. List price is for the business, equipment, inventory and all good will. There is currently 7 years left on lease with an option to renew or purchase the real estate. Call listing agent for all details and your own private showing.
Presented By: Coldwell Banker/Bud Church Rea
Interior Features for 11021 Nicholas Lane # 1
Bathrooms
Total Restrooms2
Other Interior Features
SeatingCapacity225
Central Air Y/NNo
FlooringCarpet, Ceramic Tile, Wood
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 11021 Nicholas Lane # 1
Acceptable FinancingCash, Conventional
AccessibilityOther
Building FeaturesPrivate Restrooms
Business TypeRestaurant/Bar
CityBERLIN
Construction MaterialsBlock, Brick, Frame, Masonry, Stick Built, Stone
Cool FuelElectric
CoolingHeat Pump(s)
CountyWORCESTER
Current UseRestaurant
DirectionsRT 589 to south gate of Ocean Pines. Turn right on Nicholas Lane. Restaurant on the right next to Bank of Ocean City.
Electric200+ Amp Service
ExclusionsNone
HeatingForced Air
Historic Y/NNo
Legal SubdivisionSEC 10A VILLAGE SQUARE
Location TypeBusiness District
Lot Size Square Feet4570.00
Lot Size UnitsSquare Feet
MLS AreaWorcester East of Rt-113
New ConstructionNo
Possession0-30 Days CD
Possible UseRestaurant
Price Per Sq Ft Total AG200.0
Property ConditionVery Good
Property SubtypeServices
Property TypeBusiness Opportunity
Property UseInvestment
RoofArchitectural Shingle
Security Features24 hour security, Electric Alarm, Monitored
SewerPublic Sewer
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Tax Annual Amount5248.0
Tax Assessed Value594100.0
Tax Lot1
Tax Year2024
Unit Number1
UtilitiesCable TV Available, Electric Available, Natural Gas Available, Phone Available
Vacation Rental Y/NNo
ViewPond
Water Access Y/NNo
Year Built2010
Year Built SourceEstimated
ZoningCOMMERCIAL
Exterior for 11021 Nicholas Lane # 1
Building Area Total4000.00
Car Parking Spaces100
Door FeaturesDouble Entry
Fencing Y/NY
Foundation DetailsSlab
InclusionsAll equipment
Land Assessed Value0.00
Land Use CodeCC
Lot Dimensions0.00 x 0.00
Lot FeaturesLandscaping, Pond, Rip-Rapped
Lot Size Acres0.10
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking FeaturesPaved Parking
Road ResponsibilityCity/County
Road Surface TypeBlack Top
Soil TypesUnknown
Total Loading Docks0
Total Parking Spaces100
Traffic CountGreater than 30000
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NYes
Waterfront Y/NNo
Additional Details
Price History
