142 Church St

142 Church St , New Windsor, Maryland, 21776 | 4,750 sq.f | $ 1,100,000

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About This Restaurant

Investment Highlights

Executive Summary

This highly profitable, turnkey restaurant is in a centrally located section of New Windsor with high traffic count and visibility. Prime corner location attracting a clientele from near and far. Established in 2013, Uncle Matty's has been serving delicious food and drink for 9 years. This 4,750 sq. ft. mixed use property consists of a fully equipped restaurant with a liquor license, a 56 person dining room, 10 person bar and 16 person outdoor seating area. Voted the Best Burger in Baltimore in 2022! The second level consists of a luxury 2 bedroom, 2 bath apartment with outdoor deck. The property was fully renovated in 2019. New Windsor is a quintessential Norman Rockwell town with a mix of Georgian, Victorian and Neo-Classical architecture just outside of Westminster. The property can be conveyed as a going enterprise so the new owner can capitalize on the restaurant's loyal customer base. The seller is committed to the continued success of the business and is willing to transition with the buyer.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    4,750
  • Building Class    B
  • Year Built    1879
  • Price    1,100,000
  • Price Per SF    232
  • Cap Rate    25
  • NOI    275,000
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    1.57
  • Land Acres    0.07 AC

Amenities

  • Signage

Property Taxes

Parcel Number 11-011144 Improvements Assessment $53,000
Land Assessment $256,700 Total Assessment $309,700
Date Created: 2024-07-16 04:16:17 Last Updated: 2024-07-16 04:16:17
Address: 142 Church St , New Windsor, Maryland, 21776