8831 Chesapeake Avenue North Beach, MD ^$ 870,000

8831 Chesapeake Avenue

^$ 870,000

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8831 Chesapeake Avenue

North Beach, MD, 20714

^$ 870,000

Studio Baths0.0 Sq 1,368

Monthly Estimate*

^$ 6,077

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Studio

Commercial Property for sale in North Beach, MD

for $870,000. This 1,368 square foot building was built in 1999 on a lot size of 0.08.

The well known and often visited DAIRY FREEZE is being offered for purchase for the first time in over TWENTY YEARS! Its many attributes include direct ROAD FRONTAGE on Chesapeake Avenue with over 8,000 cars passing daily, WATER VIEWS of the Chesapeake Bay, INDOOR and OUTDOOR DINING, a WALKUP SERVICE WINDOW, Two WALK-IN REFRIGERATION units, a large KITCHEN that can easily accommodate a variety of food/restaurant uses and on-site STAFF PARKING. This is a turn-key sale for one of the few restaurant spaces in the Chesapeake/North Beach area as well as the Dairy Freeze business. Furniture, Fixtures and Equipment are included.

Commercial Active

Price

^$ 870,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,559

Style

Restaurant/Bar

Lot Size

0.08

Year Built

1999

Town/City

North Beach

County/Region

Calvert

MLS | Web ID

MDCA2015124

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Street Suffix AVENUE

Central Air Y/N Y

Total Restrooms 2

General

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Central A/C

Possession Settlement

Zoning C

Construction Materials Stucco

Year Built 1999

View Street Water

Property SubType Retail

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality North Beach

Business Type Restaurant/Bar

Accessibility 32 + wide Doors 2+ Access Exits

County CALVERT

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions See GPS

City NORTH BEACH

Buyer Agent Compensation 3

Zoning Description Commercial

Total Units 1

Lot Size Square Feet 3500.00

Waterfront Y/N N

Street Name CHESAPEAKE

Tax Annual Amount 4559.0

Price Per Sq Ft 635.96

Vacation Rental Y/N N

Days on Market 22

Location Type Free Standing

Standard Status Active

Year Built Source Assessor

Legal Subdivision NORTH CHES BEACH

Tax Lot 13B

Buyer Agent Compensation Type % Of Gross

Exterior

Lot Features Corner

Water Source Public

Inclusions In addition to the Real Property this sale includes the Dairy Freeze Business and in inclusive of all FFE and inventory at time of sale.

Type of Parking On Street Driveway

Water View Y/N Y

Building Area Total 1368.00

Lot Size Acres 0.08

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 112000.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 8831

* Excluded Features

List By

Century 21 Commercial New Millennium

Broker

james.marcum@c21nm.com

Affordability Calculator

$6,457

Per Month

Monthly Principal & Interest: $6,077
Monthly Property Taxes: $380
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in North Beach, MD

Average List Price ^$870,000

Percent of Sale Price 0%

About North Beach, MD

2,097 Population

10% Since 2002

^$75,061 Median Income

39.52 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
3/27/2024	$870,000		Listed Price

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8831 Chesapeake Avenue, North Beach, MD, 20714 is a Commercial Property for sale at $870,000 with 1,368 sqft and a lot size of 0.08. 8831 Chesapeake Avenue is a studio with 0.0 baths and was built in 1999. The property's zip code is 20714 which is in North Beach, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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8831 Chesapeake Avenue

Commercial Property for sale in North Beach, MD

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