Property
Freeland, MD 21053 21603 Middletown Road
$1,825,000
91 more
Presented By: Keller Williams Keystone Realty
SQFT • 6,519
SQFT • 6,519Home Details
Turnkey Bar, Restaurant & Liquor Store with Rental Income in Freeland, MD!
Fully operational 96-seat bar and restaurant with liquor license, gaming revenue, and solar powerplus liquor store, 3 apartments, and a detached 2-bed house, all fully leased. Zoned BL with tons of future use potential, this income-generating property offers multiple revenue streams and is perfect for an owner-operator or investor seeking cash flow from day one. Must see to Appreciate all of it!
Presented By: Keller Williams Keystone Realty
Interior Features for 21603 Middletown Road
Other Interior Features
Central Air Y/NYes
Heating FuelNatural Gas, Geo-thermal
Heating Y/NYes
Hot WaterNatural Gas
General for 21603 Middletown Road
Acceptable FinancingCash, Conventional
Accessibility2+ Access Exits
Business TypeApartment Building, Restaurant/Bar, Other/General Retail
Cap Rate12.29
CityFREELAND
Construction MaterialsFrame
Cool FuelGeothermal, Electric
CoolingCentral A/C
CountyBALTIMORE
DirectionsTake I-83 (from either Baltimore or York), use Exit 36 (if coming from Baltimore) or Exit 4 (if coming from York), follow MD-439 for several miles, then turn onto Middletown Rd and continue about 2.5 mi
ExclusionsPersonal Property
Heating90% Forced Air, Solar - Active
Lease Considered Y/NNo
Lot Size Square Feet157687.00
Lot Size UnitsSquare Feet
New ConstructionNo
Number Of Units Total2
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG279.99
Property SubtypeRetail
Property TypeCommercial Sale
Property UseOwner User
SewerSeptic Exists
Standard StatusActive
StatusACTIVE
Tax Annual Amount6104.0
Tax Assessed Value524333.0
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1920
Year Built SourceAssessor
ZoningBL
Exterior for 21603 Middletown Road
Building Area Total6518.00
Car Parking Spaces108
Land Assessed Value188000.00
Land Use CodeC
Lot Dimensions5.00 x
Lot Size Acres3.62
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces110
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourceWell
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Charles Torres
Owner