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    7418 Baltimore Avenue

    COLLEGE PARK, MD 20740
    • $100,000
    • STATUS: Active
    • ON SITE: 37 days
    • ID#: MDPG573044
    UPDATED: 162 min ago
    $100,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Business Opportunity
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Real STEAL for this EXCELLENT business opportunity to take over this very famous, well-established tea shop/ restaurant/shop. Currently offers dining in for up to 45 people, carry-out & delivery services. Two new walk-in refrigerators less than 3 years old. Renovated bathroom and kitchen tiles. Check out the location! It is right next to UMD! You won't believe how affordable the monthly rent is! 2707 sf space. $750K tax income in 2018. Lots of potential for growth. Fantastic location offers plenty of pass by traffic for business and marketing. Business, Equipment & all current inventory included in the sale. This is selling the business/lease, not selling the franchise. All logos will be removed before closing. Owner will provide 2 weeks of training if required after sale. Landlord Approval of New Tenant to take over current 1 year Lease with option to renew for another 5 years. Call for more information and to schedule a showing, serious qualified inquiries only! Do not go without a scheduled appointment time and signed confidentiality form. Hurry! This won't last long! Priced to sell fast!

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-08-07T23:51:10.11.
    www.eriksells.com/homes/107403689
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    7418 Baltimore Avenue COLLEGE PARK, MD 20740

    • Price: $100,000
    • Status: Active
    • Updated: 162 min ago
    • ID#: MDPG573044
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1930
    Built
    County:
    Prince Georges
    School District:
    Prince George's County Public Schools
    Property Description
    Real STEAL for this EXCELLENT business opportunity to take over this very famous, well-established tea shop/ restaurant/shop. Currently offers dining in for up to 45 people, carry-out & delivery services. Two new walk-in refrigerators less than 3 years old. Renovated bathroom and kitchen tiles. Check out the location! It is right next to UMD! You won't believe how affordable the monthly rent is! 2707 sf space. $750K tax income in 2018. Lots of potential for growth. Fantastic location offers plenty of pass by traffic for business and marketing. Business, Equipment & all current inventory included in the sale. This is selling the business/lease, not selling the franchise. All logos will be removed before closing. Owner will provide 2 weeks of training if required after sale. Landlord Approval of New Tenant to take over current 1 year Lease with option to renew for another 5 years. Call for more information and to schedule a showing, serious qualified inquiries only! Do not go without a scheduled appointment time and signed confidentiality form. Hurry! This won't last long! Priced to sell fast!
    Exterior Features

    Construction Materials Other Garage YN No Parking Types None Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 2707.00 Heating Forced Air Heating YN Yes

    Property Features

    Accessibility Features Other Association YN No Business Type Supermarket/Grocery StoreShopping CenterRestaurant/BarHair Salon And Spa Central Air YN No Current Use Restaurant Heating Fuel Natural Gas Hot Water Natural Gas Navigable Water YN N New Construction YN No Original MLSNumber 304189577599 Ownership Interest Leasehold Possession 0-30 Days CdImmediateNegotiableSettlement Property Sub Type Retail Sale Type StandardThird Party Approval Sewer Public Sewer Tax Annual Amount 750000.00 Tax Assessment Amount 0.00 Vacation Rental YN No Water Source Public Zoning Commercial

    Listing courtesy of Bmi Realtors Inc..


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Long & Foster. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-08-07T23:51:10.11.
     
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