North Beach, MD 20714,9200 CHESAPEAKE AVE
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North Beach, MD 20714,9200 CHESAPEAKE AVE
North Beach, MD 20714,9200 CHESAPEAKE AVE
North Beach, MD 20714,9200 CHESAPEAKE AVE
North Beach, MD 20714,9200 CHESAPEAKE AVE

$1,800,000

Est. payment /mo

$1,995,000

9.8%
Est.Price: ?

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9200 CHESAPEAKE AVE North Beach, MD 20714

4,236 SqFt

SOLD DATE : 07/19/2022

Key Details

Sold Price $1,800,000

Property Type Commercial

Sub Type Five Or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 4,236 sqft

Price per Sqft $424

MLS Listing ID MDCA2002738

Sold Date 07/19/22

Originating Board BRIGHT

Year Built 1940

Annual Tax Amount $6,153

Tax Year 2022

Lot Size 5,750 Sqft

Acres 0.13

Property Description

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. 100% interest purchased by a partner.

Location

State MD

County Calvert

Zoning OTHER

Interior

Hot Water Propane

Heating Heat Pump(s)

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 15.0

Water Access N

Accessibility Other

Road Frontage City/County

Total Parking Spaces 15

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Calvert County Public Schools

Others

Tax ID 0503050823

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Laura E Peruzzi • RE/MAX One
Bought with Laura E Peruzzi • RE/MAX One

Phil Di Ruggiero

License Partner | Team Leader | License ID: DC SP98360490

+1(202) 725-2250

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