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142 Church St

4,750 SF Retail Building New Windsor, MD 21776 $1,547,040 CAD ($326 CAD/SF) 25% Cap Rate

Executive Summary

This highly profitable, turnkey restaurant is in a centrally located section of New Windsor with high traffic count and visibility. Prime corner location attracting a clientele from near and far. Established in 2013, Uncle Matty's has been serving delicious food and drink for 9 years. This 4,750 sq. ft. mixed use property consists of a fully equipped restaurant with a liquor license, a 56 person dining room, 10 person bar and 16 person outdoor seating area. Voted the Best Burger in Baltimore in 2022! The second level consists of a luxury 2 bedroom, 2 bath apartment with outdoor deck. The property was fully renovated in 2019. New Windsor is a quintessential Norman Rockwell town with a mix of Georgian, Victorian and Neo-Classical architecture just outside of Westminster. The property can be conveyed as a going enterprise so the new owner can capitalize on the restaurant's loyal customer base. The seller is committed to the continued success of the business and is willing to transition with the buyer.

Attachments

142.Church.Flier
Commercial-Real-Estate-Non-Disclosure-Agreement-Template
142Church.description

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,750 SF
Building Class
B
Year Built
1879
Price
$1,547,040 CAD
Price Per SF
$326 CAD
Cap Rate
25%
NOI
$386,760 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.57
Land Acres
0.07 AC
Zoning
commercial - Carroll County Village Center District with liquor license.
Frontage
100 ft on Main Street

Amenities

  • Signage

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Uncle Mattys Eatery
  • -
  • 3,250 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Uncle Mattys Eatery - 3,250 SF - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-011144
Land Assessment
$74,159 CAD
Improvements Assessment
$359,182 CAD
Total Assessment
$433,342 CAD
  • Listing ID: 28681648

  • Date on Market: 2022-11-14

  • Last Updated:

  • Address: 142 Church St, New Windsor, MD 21776

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