1709 Transportation Blvd - Restaurant FOR SALE


Crofton, MD 21114
$4,800,000 USD
202-536-3717
1709 Transportation Blvd, Crofton, MD for Sale
$4,800,000 USD
Restaurant - FOR SALE
1/12
null | Request Cap Rate

1709 Transportation Blvd
Crofton, MD 21114


HIGHLIGHTS

  • 2.46 Acres with potential to add a 10,000 sq ft building
  • Large two level well maintained building with full commercial kitchen
  • 70,000 VPD with high average household income

OVERVIEW

Marcus & Millichap is proud to present for sale 1709 Transportation Drive, a prime retail property located in Crofton, MD currently occupied by Nautilus Diner. This well maintained, two story, freestanding building fully equipped with a large commercial kitchen, baking line, 4 walking coolers and 2 walking freezers. The offering includes both the real estate and all existing restaurant equipment, making it a turnkey opportunity for an operator or investor. The property sits on a generous 2.46 acres parcel, providing the buyer with the potential to develop an additional 10,000 sq ft building on the excess land. Proposed plans are available upon request. With parking ratio of 15.7 per 1,000 SF, the site offers ample parking to accommodate a variety of high-traffic commercial uses. Strategically positioned along a high-visibility corridor with over 70,000 vehicles per day (VPD), the property also benefits from prominent exposure via a large digital pylon sign directly on Robert Crain Highway. Surrounded by a strong mix of national retailers--including Aldi, Fresh Market, Wegmans, Dick’s Sporting Goods, Target, HomeGoods, Old Navy, and many more--the property is ideally located within a vibrant retail hub. Zoned W1, the site allows for a variety of uses, including retail, office, and light industrial, offering tremendous flexibility for future repositioning. Demographics in the area underscore the strength of the location, with over 104,000 residents within a 3-mile radius and an average household income exceeding $156,000. For additional information, including the proposed development plans, please contact the listing agent.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$635 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

R&D, Manufacturing, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

119

LAND DETAILS

LAND ACRES

2.46 AC

LAND SF

107,158 SF

ZONING

W1

APN/PARCEL ID

02-000-90083444

ASK ABOUT THIS PROPERTY

Bei LiuMarcus & MillichapMore Info
202-536-3717

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Bei LiuMarcus & MillichapMore Info
202-536-3717

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.