205-209 Washington Street N

    HAVRE DE GRACE, MD 21078
    • $1,100,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: MDHR221646
    UPDATED: 60 min ago
    $1,100,000
    • 0
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1930
    County:

    School Ratings & Info

    Description

    Large 7200+ SF building on the main drag in downtown Havre de Grace. Formerly Laurrapin Grille, which was a staple in town, and now it is fully occupied with a restaurant tenant, Lagom. Their lease goes through January of 2021. The tenant pays $102,000 per year NNN. Buy and hold the property as an investment or buy and hold until lease expiration and open your own restaurant. Havre de Grace continues to grow as more and more people want to live in urban walk-able areas. The bar seats 20+, the dining room seats 100+ with water views from the rear room, and there are two restaurant grade kitchens in the building. Value add opportunity on the second level which is currently under-utilized.

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    ©2019 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. 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: 2019-03-24T21:53:15.773.
    www.marylandrealestatesearch.com/homes/92519478

    205-209 Washington Street N HAVRE DE GRACE, MD 21078

    • Price: $1,100,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: MDHR221646
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1930
    Built
    County:
    Harford
    School District:
    Harford County Public Schools
    Property Description
    Large 7200+ SF building on the main drag in downtown Havre de Grace. Formerly Laurrapin Grille, which was a staple in town, and now it is fully occupied with a restaurant tenant, Lagom. Their lease goes through January of 2021. The tenant pays $102,000 per year NNN. Buy and hold the property as an investment or buy and hold until lease expiration and open your own restaurant. Havre de Grace continues to grow as more and more people want to live in urban walk-able areas. The bar seats 20+, the dining room seats 100+ with water views from the rear room, and there are two restaurant grade kitchens in the building. Value add opportunity on the second level which is currently under-utilized.
    Exterior Features

    Construction Materials MasonryBrick Garage YN No Parking Features Free Parking Types On Street Property Condition As-Is Condition Riparian Rights YN No Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 7200.00 Cooling Central A/CCeiling Fan(S) Heating Forced Air Heating YN Yes Net Square Feet 7200.00

    Property Features

    Accessibility Features Ramp - Main Level Association YN No Business Type Restaurant Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural GasElectric Hot Water Electric Navigable Water YN N Net Operating Income 102000.00 New Construction YN No Original MLSNumber 301471079739 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 12073.0 Tax Assessment Amount 768600.0 Total Actual Rent 102000.00 Vacation Rental YN No Water Source Public Zoning Rb

    Listing courtesy of Re/Max American Dream.
    ©2019 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. 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: 2019-03-24T21:53:15.773.
     
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