8305 Ocean Gateway
Easton, Maryland MD 21601-7149
Leased For: $90,000
Listing ID MDTA2002220
Status CLOSED
Sold Date 6/08/2022
Price/SqFt $25.00
SqFt 3,830
Acres 0.660
Year Built 2007

Property Description:

Former Pizza Hut building, Corner Lot on US 50 (Ocean Gateway). 35,000 cars go by the front and 11,000 cars go by the side of this property everyday. 3,850 square foot building with a large kitchen with multiple Hoods, Walk Ins - Refrigerator and Freezer, and Sinks. More than ample electrical supply, two large commercial bathrooms, and an accessory storage building make this property a clean shell for the next operator. Fresh opportunity for a Fast Food / Casual to secure a corner location in Easton MD.

Primary Features

County: Talbot
Price/SqFt: 25
Property Sub Type: Retail
Property Type: Commercial Lease
Year Built: 2007
Zoning: COMMERCIAL

Interior

Approximate Retail SqFt: 3850
Central Air: yes
Contiguous SqFt Available: N
Cooling Type: Central A/C
Flooring Type: Concrete, Carpet
Heating: yes
Heating Type: Forced Air

External

Building Units Total: 1
Car Parking Spaces: 37
Construction Materials: Block, Brick Veneer, Composition, CPVC/PVC, Fiber Cement, Metal Siding, Mixed
Electric Service: 3 Phases, 200+ Amp Service
Fencing: N
Foundation Details: Concrete Perimeter, Slab
Heating Fuel: Electric
Hot Water: Natural Gas
Lot Features: Corner, Road Frontage, Other
Lot Size Source: Assessor
Lot Size Units: Square Feet
Lot SqFt: 28749
Navigable Water: no
New Construction: no
Parking Features: Paved Parking, Lighted Parking
Road Responsibility: State
Road Surface Type: US Highway/Interstate, Black Top
Roof: Metal, Other
Sewer Septic: Public Sewer
Tidal Water: no
Total Garage and Parking Spaces: 38
Truck/Trailer Parking Spaces: 1
Type of Parking: Parking Lot
Utilities: Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone, Sewer Available, Under Ground, Water Available, Other
Water Access: no
Water Oriented: no
Water Source: Public

Location

Country: US
In City Limits: yes
Location Type: Corner Lot/Unit
Municipality: Easton
Traffic Count: 5000-9999, Greater than 30000
Views: Street
Water View: no
Waterfront: no
Zoning Description: Town of Easton Commercial

Additional

Accessibility Features: Other
Base Off Market Date: 2022-06-08T00:00:00+00:00
Building Classification: Class A
Business Type: Restaurant/Bar, Other
Current Use: Vacant, Restaurant
Days on Market: 105
Leasable Area SqFt: 3850
Municipal Trash: yes
Property Condition: Excellent
Property Manager: N
Year Built Source: Assessor

Financial

Association Recreation Fee: N
Automatically Update Tax Values: yes
Existing Lease Type: Triple Net
Final Lease Type: Triple Net
Ground Rent Exists: no
Inclusions: All existing fixtures.
Possession: Settlement
Purchase Optional: no
Riparian Rights: no
Tax Data Updated: no
Tax Opportunity Zone: N
Tenant Pays: Utilities - All, Taxes, HVAC Maintenance, Lawn/Tree/Shrub Care, Appliances/Equipment - Some, Light Bulbs/Filters/Fuses/Alarm Care, Snow Removal, Trash Removal
Vacation Rental: no

Zoning Info


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Contact - Listing ID MDTA2002220

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Charles Peacock

810 South Bond Street
Baltimore, MD 21231
Phone: 410-522-1632
Phone Alt: 410-241-5945
Fax: 866-543-3175

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