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 |