Skip To Content

527 Poplar Street

CAMBRIDGE, MD 21613
  • $799,000
  • STATUS: Active
  • ON SITE: 108 Days
  • ID#: MDDO2002488
UPDATED: 61 min ago
$799,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Here is a Turn-Key successful full-service restaurant and bar. Also included with the restaurant is an additional storefront that can be used to augment Jimmie and Sooks or can be used for additional income. Located in the historic downtown of Cambridge,Md. This restaurant is located just 2 hours east of Baltimore and Washington DC. In 2011 the building was completely renovated and brought up to code including state of the art, high-efficiency HVAC and Hood systems, complete upgrade/change out of all electric panels, wiring, outlets and fixtures including cost-saving LED bulbs. Also installed in 2011 were all new plumbing including lines, fixtures and grease trap, complete sprinkler system with four levels of coverage, fire alarm and security systems including 18 cameras and monitor, four bathrooms with six women stalls and four men stalls and all new surfaces including walls, flooring and ceilings. Additionally, numerous other renovations and additions were undertaken including a 1000 SF outdoor patio complete with landscaping and a pond with a waterfall. The average adjusted net income since opening is around $300,000. This is a marvelous turn-key opportunity in every facet of the business including not only all the assets required but also the operational resources essential in running a successful restaurant.

Monthly Payment Calculator



©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Newman Real Estate Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-13T11:01:16.703.
www.thinknewman.com/homes/128075896
Print Image

527 Poplar Street CAMBRIDGE, MD 21613

  • Price: $799,000
  • Status: Active
  • On Site: 108 Days
  • Updated: 61 min ago
  • ID#: MDDO2002488
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1920
Built
County:
Dorchester
School District:
Dorchester County Public Schools
Property Description
Here is a Turn-Key successful full-service restaurant and bar. Also included with the restaurant is an additional storefront that can be used to augment Jimmie and Sooks or can be used for additional income. Located in the historic downtown of Cambridge,Md. This restaurant is located just 2 hours east of Baltimore and Washington DC. In 2011 the building was completely renovated and brought up to code including state of the art, high-efficiency HVAC and Hood systems, complete upgrade/change out of all electric panels, wiring, outlets and fixtures including cost-saving LED bulbs. Also installed in 2011 were all new plumbing including lines, fixtures and grease trap, complete sprinkler system with four levels of coverage, fire alarm and security systems including 18 cameras and monitor, four bathrooms with six women stalls and four men stalls and all new surfaces including walls, flooring and ceilings. Additionally, numerous other renovations and additions were undertaken including a 1000 SF outdoor patio complete with landscaping and a pond with a waterfall. The average adjusted net income since opening is around $300,000. This is a marvelous turn-key opportunity in every facet of the business including not only all the assets required but also the operational resources essential in running a successful restaurant.
Exterior Features

Construction Materials BlockBrick Garage YN No Parking Types On StreetParking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 11117.00 Cooling Other Heating Other Heating YN Yes Inclusions All Existing Restaurant Equip And Furnishings. Net Square Feet 10315.00

Property Features

Acceptable Financing CashConventional Accessibility Features Level Entry - Main Assessment Year 2022 Business Type Other/General RetailRestaurant/BarApartment Building Central Air YN No Cooling Fuel Other Heating Fuel Other Hot Water Other Lease Considered YN Yes Municipality Cambridge Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 801511839436 Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 10828.00 Tax Assessment Amount 604200.00 Vacation Rental YN No Water Source Public Zoning C-2

Listing courtesy of Rinnier Development Co.


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Newman Real Estate Group | Keller Williams Flagship of Maryland. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-08-13T11:01:16.703.
 
https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_801511839436-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_801511839436-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/orig_boomver_1_801511839436-2.jpg
Logo
The Newman Real Estate Group | Keller Williams Flagship of Maryland
231 Najoles Rd., Suite 100
Millersville MD, 21108