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9200 Chesapeake AveNorth Beach, MD 20714Price: $2,375,000

  • Price: $2,375,000
  • 71 Days on Market
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Federal 30-year interest rate: 3.56% last updated on Jan 20, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,375,000List Price
  • 0.13Acreage

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Incredible opportunity awaits! Own an established turn-key hospitality complex - restaurant and guest quarters- situated one block from the Chesapeake Bay in the historic and charming resort town of North Beach,MD,a beach community near multiple wedding venues and the cities of Annapolis,Alexandria,Baltimore,and Washington DC. The Westlawn Inn is an award-winning family owned and operated fine dining restaurant,bar,and live music venue. Built in 1926 and renovated by the current owners in 2004,the Arts & Crafts style building has the look and feel reminiscent of days gone by. The restaurant currently provides more than 80 indoor seats in dining rooms on two levels,and more than 40 additional seats on the wraparound veranda. Adjoining the restaurant,The Guest Quarters at the Inn is a newly constructed vacation rental site. This spacious five-unit building boasts special hand-crafted detailed trim work that reflects the historic architecture of the restaurant,while providing modern amenities. The Guest Quarters has an established clientele and has multiple 2022 bookings already in place. Also,a major attribute included with this unique property are two multi-car off-street parking lots which are a major premium in this small town. A single-family cottage (currently a residence but also zoned as commercial) is also part of the complex and is currently on a yearly lease. This structure presents considerable opportunity to add to the possibilities of the corner property. The essence and charm of North Beach draws both tourism and local resident support and provides a relaxing and friendly lifestyle with easy access to an outstanding boardwalk,marinas,water park,antique shops,and more. Included in the purchase price are the following addresses: 9200 Chesapeake Avenue,9206 Chesapeake Avenue,4101 7th Street and 4038 7th Street. Please contact us today for detailed property information.

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Listed by Laura E Peruzzi of RE/MAX One

Copyright 2022 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Next Step Realty | W Home Group participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated January 27, 2022. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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