8952 Deal Is RdDeal Island Historic District, MD 21821

For Sale
$515,000

Profitable Waterfront Bar & Grill, General Store

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional waterfront business opportunity, located in the Deal Island Historic District of Somerset County, Maryland (zip code 21821), presents a unique chance to acquire a well-established retail establishment. The property, situated at 8952 Deal Island Rd, encompasses 2,400 square feet on a 0.643-acre lot and is zoned C3. Originally built in 1987 and renovated in 2003, the property includes all furniture, fixtures, and equipment. The business, operating as a bar, grill, and general store, has a proven track record of success, generating cash revenue organically without any advertising. The sale price is $515,000, translating to $214.58 per square foot. The business model excludes lottery and cigarette sales. The restaurant boasts a full bar, kitchen, ample refrigeration, and outdoor seating. A key advantage is the property's prime waterfront location, directly adjacent to county-owned land and a public boat ramp, ensuring high visibility and convenient access for customers. The previous operator, in business since 1987, ceased operations in Spring 2023 due to unrelated health concerns. This presents a turnkey opportunity for a new owner to capitalize on the existing infrastructure and loyal customer base. The lease is a NNN (Net, Net, Net) lease.

Highlights

  • Turnkey waterfront bar, grill, and general store with all FF&E included.
  • Established business operating since 1987, closed temporarily due to owner's health issues.
  • Proven cash-flow business model with no prior advertising.
  • No lottery or cigarette sales.
  • Features full bar, kitchen, ample refrigeration, and outdoor seating.
  • Prime waterfront location adjacent to county-owned land and public boat ramp.

Property Details for 8952 Deal Is Rd

Property type
Other specialty properties, Other retail properties
Square Feet
2,400 SF
Year Built/Renovated
1987/2003
Lot Size (sq. ft)
28,009 SF

Location Insight

City
Deal Island Historic District
County
Somerset
State
Maryland
Latitude
38.1291407
Longitude
-75.9501682
8952 Deal Is Rd, Deal Island Historic District, Maryland

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8952 Deal Is Rd
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