Bugeye Grill 14464-14470 Solomons Island Rd

14464-14470 Island Rd , Solomons, Maryland, 20688 | 10,600 sq.f | $ 2,200,000

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About This Restaurant

Investment Highlights

17 Boat Slips Restaurant & Tiki Bar

Executive Summary

Offering includes 14470, 14464, and 14467 Solomons Island Road S. which includes the main building where the Bugeye Restaurant is located and the Tiki Bar area behind the main building, two duplex buildings, 17 slip marina on Back Creek, and a parcel adjacent to the public parking on the Patuxent side with pier.

Property Details

  • Sale Type    Investment
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    10,600
  • Building Class    B
  • Year Built    1988
  • Price    2,200,000
  • Price Per SF    208
  • Cap Rate    9
  • NOI    198,000
  • Percent Leased    100
  • Building Height    2 Stories
  • Building FAR    0.65
  • Land Acres    0.38 AC

Property Taxes

Parcel Number 01-022105 01-196731 01-015885 Improvements Assessment $761,000
Land Assessment $742,600 Total Assessment $1,503,600
Date Created: 2024-07-16 04:16:17 Last Updated: 2024-07-16 04:16:17
Address: 14464-14470 Island Rd , Solomons, Maryland, 20688