High-Visibility Retail | Former Restaurant 28275 Point Lookout Rd

28275 Point Lookout Rd , Leonardtown, Maryland, 20650 | 5,052 sq.f

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About This Restaurant

Investment Highlights

Auction Site: https://rimarketplace.com/auction/2015/high-visibility-retail-former-restaurant-tavern-leonardtown Approximately 900 sf 2 bedroom apartment on the level above. Former 3100 sf restaurant/tavern with bar remaining. No significant restaurant equipment remaining. Site is served by Well and Septic

Executive Summary

RI Marketplace Online Auction June 24-26, 2024Register to Bid on MarketplaceSVN, in conjunction with Real Insight Marketplace, present the rare opportunity to purchase a well-located, highly visible retail building on a busy corner. The 2-storybuilding was previously a restaurant/tavern with 2-bedroom apartment above it. The highest and best use(s)is/are to continue as its current use, or to use as a convenience store or daycare facility. This is an excellent opportunity for an owner/user.VMX is Village Mixed Use in the county, which provides opportunities for residential development and compatible commercial development at locations and at a scale designated by the Comprehensive Plan as village centers.Lynne ZinkFisher Auction Company Inc.

Property Details

  • Sale Type    Owner User
  • Sale Condition    Auction Sale
  • Property Type    Retail
  • Property Subtype    Bar
  • Building Size    5,052
  • Building Class    C
  • Year Built    1900
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    0.11
  • Land Acres    1.02 AC

Amenities

  • Monument Signage

Property Taxes

Parcel Number 03-017974 Improvements Assessment $211,000
Land Assessment $281,900 Total Assessment $3,187 (0.63/SF)
Date Created: 2024-07-16 04:16:17 Last Updated: 2024-07-16 04:16:17
Address: 28275 Point Lookout Rd , Leonardtown, Maryland, 20650