$950,000 508 Railroad Avenue Centreville, MD

MLS: MDQA143982   Type: Commercial   County: Queen Annes   City: Centreville   Zip: 21617   Style: Restaurant/Bar,,Medical     Taxes: $4,576

Mortgage $4,460 /mo



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This property is a must see. The Architecture and Landscaping are first class. This is truly a turn key on going operation. for a Ice Cream, Sandwich shop, Includes Real Estate, Business, Building and Equipment. Offers both inside dining (48) seats, and outside patio's having more SF then interior seating plus a walkup window. Beer and Wine License was issued. The traffic count is over 4,000. cars per day most of which are local. This part of town is the future growth of Centreville with the new YMCA to start construction in the near future. Planning and Zoning across the street, Acme on the other side of street QAC High School and Middle School across the street. The quality of construction, 43 parking spaces and location as an iconic site lends this property to many other options such as a Medical site, Coffee drive thru . The options are endless. Do not miss this opportunity. If you do need Restaurant equipment price will be reduced to $850,000.

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Price History

5/23/2020 Listed $1,200,000
6/8/2020 17% - $1,000,000
9/25/2020 5% - $950,000

Acceptable Financing Negotiable, Lease Purchase, Contract, Conventional, Seller Financing
Accessibility 32 + wide Doors, Level Entry - Main, No Stairs
Business Type Restaurant/Bar, Other, Medical
Construction Materials Vinyl Siding, Brick
Cool Fuel Electric
Cooling Central A/C, Ceiling Fan(s)
Electric Generator, Single Phase
Heating Central
Historic Y/N N
Location Type Free Standing
New Construction N
Ownership Fee Simple
Parking Features Handicap Parking, Lighted Parking, Paved Parking, Unassigned
Possession Settlement
Price Per Sq Ft 510.75
Property SubType Retail
Property Type Commercial Sale
Property Use Owner User
PropertyCondition Excellent
Real Estate Owned Y/N N
Security Features Electric Alarm, Exterior Cameras, Fire Detection System, Main Entrance Lock, Motion Detectors, Security System, Smoke Detector, Sprinkler System - Indoor
Sewer Public Sewer
Tax Annual Amount 4576.0
Tax Year 2019
Utilities Phone, Propane
Vacation Rental Y/N N
Water Access Y/N N
Zoning C-2

Interior Features

Central Air Y/N Y
Heating Fuel Electric
Heating Y/N Y
Hot Water Electric
Total Restrooms 2

Exterior Features

Building Area Total 1860.00
Car Parking Spaces 43
Fencing Y/n N
Inclusions All furniture and fixtures which are owned.
Lot Features Corner, Irregular, Premium, Road Frontage
Lot Size Acres 0.49
Lot Size Source Estimated
Lot Size Square Feet 21562.00
Navigable Water Y/N N
Total Parking Spaces 43
Type of Parking On Street, Parking Lot
Water Oriented Y/N N
Water Source Public
Water View Y/N N
Waterfront Y/N N

Property Schools

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Property vs Zip Code Avg (21617)

Price 950K Avg 708K

Sqr Feet 1,860 Avg 83,776

Cost / Sqr Ft $511 Avg $8

Taxes $4,576 Avg $3,370

Acres 0.49 Avg 1.08

Visits 53 Avg 40

Days on Site 196 Avg 288

Walkscore® 47 Avg 41

Data Provided by Walkscore ® not using MLS data

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Location & Address

Mark Murad
14526 Lee Road, Suite 100
Chantilly, VA