7416 Baltimore Ave

7416 Baltimore Ave , College Park, Maryland, 20740 | 15,000 sq.f | $ 4,500,000

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About This Restaurant

Investment Highlights

? Surrounded by dense & affluent neighborhoods ? Served on-site by Shuttle UM and close to other public transit ? Served by multiple points of access,

Executive Summary

Premier spot in downtown College Park, MD. Best visibility in the downtown area and is situated right next to the University of Maryland. Building is two floors totaling14,700 SF. Elevator accesses the 2nd level. Garage doors on both the first and second floor open fully to allow open air into the building. Has a full kitchen and bathrooms serving both floors. Presently has three separate bar areas. ADT car count is over 35,000 in front of the building. An abundance of new housing within a 5-minute walk of this location. Perfect for restaurants, live entertainment, brewery or destination venue.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    Building in Shell Condition
  • Property Type    Retail
  • Property Subtype    Storefront Storefront General Retail Restaurant Storefront
  • Building Size    15,000
  • Building Class    C
  • Year Built    1962
  • Price    4,500,000
  • Price Per SF    300
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    1.57
  • Land Acres    0.22 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Nearby Amenities & Transportation

Retail Chase Bank
Retail Bank of America
Retail Nando's
Retail Trader Joe's
Retail Crunch
Retail PNC Bank
Retail CAVA
Retail Panda Express
Retail Starbucks
Retail Noodles & Company

Property Taxes

Parcel Number 21-2326148 Improvements Assessment $0
Land Assessment $0 Total Assessment $3,673,033
Date Created: 2024-07-16 04:16:17 Last Updated: 2024-07-16 04:16:17
Address: 7416 Baltimore Ave , College Park, Maryland, 20740