14575 Solomons Island Rd S.

Solomons, MD

Retail for Sale - $2,950,000 - 12,500 Sq. Ft. on 0.31 acres

K&M Commercial Real Estate

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Agent Info

NameKayvan Mehrbakhsh
CompanyK&M Commercial Real Estate

Property Info

CIMLS #960353
Location14575 Solomons Island Rd S.
Solomons MD 20688
Last UpdatedJune 25th, 2018
TypeRetail
Price$2,950,000
Building12,500 Sq. Ft.
Land0.31 acres
DemographicsView data

Contact


Property Description

K&M Commercial as the Exclusive Brokerage Firm is happy to present this NNN Investment Restaurant with the Pier Restaurant Group for SALE. Unique property located on the historic island of Solomon which sits on Solomon's pier. The only restaurant on the island with dock access and views. Property is situated where the Patuxent River meets the Chesapeake Bay. Newly renovated and updated. Landlord holds a license to pier granted by War Department of 1933. For more information, please call 703-734-2822.

Location Description:

Located at the point of Solomon's Pier with views of the Patuxent River. Solomon's Island and Pier is a historic island surrounded by docks, beach homes, and multiple shops and restaurants. Approximately 90 minutes from Washington DC.

Highlights:

>> New 10 Year Lease with Options with The Pier Restaurant Group

>> 7.3% Cap Rate

>> 1% Annual Escalations

>> Newly Renovated and Updated Restaurant and Pier

>> Located on Patuxent River

>> Only Restaurant on Island with Pier Views and Access

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Location