- – beds
- – baths
- 7,376 sqft
- 14,640 sqft lot
- $111 per sqft
- 1950 build
Charming Beachside Restaurant & Mixed-Use Investment Property SBA Loan Eligible – Only 10% Down | Below-Market Interest Rates Welcome to an exceptional opportunity to own a thriving restaurant and mixed-use building located in the heart of Betterton, a charming waterfront town in Kent County, Maryland. This property is not just a place to dine, but a hub of community life, offering both a bustling restaurant business and multiple income-generating spaces. Property Highlights include: A spacious 2,392 sq. ft. dining area, the restaurant is fully equipped and ready to operate. It boasts a beer and wine license, which can easily be upgraded to a full liquor license. The current restaurant has great relationships with local camps. We are proud to have the opportunity to serve many\ of their over 700 campers and counselors each year. This brings in steady, seasonal business and strengthens its position as a go-to local eatery. In addition to the restaurant, the building features three apartments, each with its own unique charm and appeal: Apartment #1: This spacious 1-bedroom, 1.5-bath unit offers 1,761 sq. ft. of living space, featuring beautiful hardwood floors and a full kitchen. With its separate entrance (in addition to access through the restaurant), this apartment could serve as a banquet room for events, an office, or a private residence. It also includes a convenient laundry room. Apartment #2: A generously sized 3-bedroom, 2-bath apartment with 1,771 sq. ft. of living space. It features a private side entrance, a rear deck, expansive hardwood floors, and a full kitchen with a laundry room. This nearly new unit has barely been lived in, making it a fresh and inviting space. Apartment #3: A cozy 2-bedroom, 1-bath unit, offering 1,452 sq. ft. of living space. With rear private access and a patio area, this apartment is perfect for those seeking a peaceful retreat and is also accessible through the restaurant. History & Location: This property has a rich history, as was previously the Betterton Fire Hall and now offers 7,200 sq. ft. of usable space. It’s located in a prime location, just half a mile from the beach, offering the perfect blend of local charm and business opportunity. Whether you want to expand your restaurant business, invest in a mixed-use building, or simply live steps away from the water, this property offers something for everyone. Don’t miss out on this one-of-a-kind opportunity to be part of the thriving Betterton community! Due to the high volume of inquiries about this property, we request that you **DO NOT contact the restaurant owner directly. They are in high season and need to be able to answer their phone for take-out orders.** Serious inquiries only – this rare beachside investment won't last long!
Last checked:
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Last updated Jun 10, 2025
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MLS# MDKE2005220 —
The Building
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Year Built:1950
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Year Built Source:Estimated
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Year Major Reno/Remodel:2008
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Roof:Shingle
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New Construction:No
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Construction Materials:Concrete, Stucco
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Building Levels:2
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Building Units Total:3
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Structure Type:Detached
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Historic:No
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Architectural Style:Traditional
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Security Features:Sprinkler System - Indoor
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Window Features:Double Hung, Vinyl Clad
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Accessibility Features:None
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Foundation Details:Slab
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Interior Features:Ceiling Fan(s), Combination Dining/Living, Floor Plan - Open, Kitchen - Table Space, Recessed Lighting, Walk-in Closet(s)
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Flooring Type:Bamboo, Engineered Wood, Hardwood
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Fireplace:No
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Living Area SqFt Source:Estimated
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Living Area Units:Square Feet
Room Dimensions
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Total SqFt:7376
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Living Area SqFt:7,376 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:31-60 Days CD
Location
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Directions:Google Maps Via U.S.-301/US-50 E. to Exit onto Centreville Rd/MD-213 toward Centreville to Left at Lynch Rd/MD-561 to Right at Lambs Meadow Rd/MD-298 to Left at MD-292/Still Pond Rd to Left at Still Pond Road to Left at School St
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Latitude:39.36312000
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Longitude:-76.06383000
The Property
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Property Subtype:Triplex
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Property Type:Multi-Family
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.34
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Lot Size Source:Estimated
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Lot SqFt:14,640 Sqft
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Inclusions:ALL RESTAURANT EQUIPMENT, BEER & WINE LICENSE
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Exclusions:ONLINE STROMBOLI BUSINESS
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Zoning:C
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Zoning Description:Mixed Residential/Retail
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:Yes
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Water Access:No
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Distance To Water:Blocks
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Distance To Body Of Water:2
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Water Body Name:Sassafras River/Chesapeake Bay
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Water Body Type:River
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Navigable Water:No
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Tidal Water:No
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Land Lease:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (410) 877-5093
- Office phone:
- (410) 885-1606
Taxes
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Tax ID Number:1503021211
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Tax Year:2025
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Tax Annual Amount:$5,211
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Tax Assessed Value:$359,000
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Year Assessed:2025
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City/Town Tax:1141.00
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Total Taxes Payment Frequency:Annually
The Listing
Heating & Cooling
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Cooling Type:Ceiling Fan(s), Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Electric
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service
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Hot Water:Electric, Tankless
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Oven/Range - Gas, Refrigerator, Stove
Schools
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School District Name:Kent County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Betterton
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Pool:No Pool
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Spa:No
Parking
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Garage:No
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Type of Parking:Driveway, Parking Lot
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Parking Features:Handicap Parking, Paved Parking
Extra Units
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Vacation Rental:No
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One Bedroom Units:1
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Two Bedroom Units:1
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Three Bedroom Units:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/21/25
May 21, 2025
|
Listed / Active | BRIGHT | $825,000 |