20658 Wilkins Ave - Restaurant FOR SALE


Rock Hall, MD 21661
$1,695,000 USD
410-673-3344
20658 Wilkins Ave, Rock Hall, MD for Sale
$1,695,000 USD
Restaurant - FOR SALE
1/46
null | Request Cap Rate

20658 Wilkins Ave
Rock Hall, MD 21661


HIGHLIGHTS

  • Great location in Rock Hall
  • Wait for tables most evenings
  • Completely renovated in 2022
  • All FFE under 5 years old
  • Popular with locals and visitors
  • Sale is for business and real estate together

OVERVIEW

Rare opportunity to acquire both the real estate and established business of Blue Heron Oyster House & Inn, a highly popular neighborhood restaurant in the heart of Rock Hall. Opened in June 2022, Blue Heron has quickly developed a loyal following among residents and visitors, with waits for tables common during peak dining hours. The building was completely renovated inside and out in early 2022 and offers more than 4,000 square feet across two levels. The main level features an immaculate commercial kitchen, indoor and outdoor cold storage, dining and bar areas, and extensive indoor/outdoor service space. Furniture, fixtures and equipment are less than five years old, with a complete inventory available upon request. Indoor seating accommodates approximately 55 guests at tables plus 24 bar seats. Outdoor dining expands capacity with approximately 42 table seats and 26 additional seats at the tiki bar, bringing total seasonal seating capacity to approximately 147. More than 1,000 square feet on the second floor includes three inn rooms that are not currently being rented, providing an opportunity for a new owner to establish an additional lodging component and year-round revenue stream. An additional office and storage areas are also located upstairs. The property offers 24 on-site parking spaces, with additional parking currently available along Coleman Road and Route 20. Located just two blocks from Ferry Park Beach and within walking and biking distance of several Rock Hall marinas, Blue Heron is well positioned to serve both the local community and visitors to this popular Chesapeake Bay town. The restaurant currently operates approximately 27 hours per week, Wednesday through Sunday, and traditionally closes for a few weeks during the winter. Sale includes the real estate and operating business. Additional business information and FF&E inventory are available to qualified buyers upon execution of an NDA.

FOR SALE DETAILS

PRICE

$1,695,000 USD

PRICE/SF

$421 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Blue Heron Oyster House & Inn, Rock Hall, MD

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

C-1

APN/PARCEL ID

05-002192

ASK ABOUT THIS PROPERTY

Courtney ChipourasTTR Sotheby's International RealtyMore Info
410-673-3344

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Courtney ChipourasTTR Sotheby's International RealtyMore Info
410-673-3344

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