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21065 Chesapeake Ave
Rock Hall, MD 21661

Waterman's Crabhouse · Retail Property For Sale

Investment Highlights

  • 30 deep water slips
  • Views of Rock Hall Harbor and the Chesapeake Bay
  • Seating for over 500
  • Renovated in 2004 with several recent equipment updates

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
9,437 SF
Building Class
C
Year Built/Renovated
1974/2004
Tenancy
Single
Building Height
2 Stories
Building FAR
0.24
Lot Size
0.89 AC
Zoning
MWD - Commercial--Marine Water Dependent
Parking
52 Spaces (5.51 Spaces per 1,000 SF Leased)

Amenities

  • Restaurant

About 21065 Chesapeake Ave , Rock Hall, MD 21661

Waterman's Crabhouse is a turn-key, iconic waterfront restaurant and bar located in the heart of Rock Hall Harbor. It offers both indoor and outdoor dining with spectacular sunset views over the Chesapeake Bay. Built in 1974 with major renovations in 2004, the property sits on 2 parcels for a combined .89 acres. The restaurant has been owned and operated by the same family for nearly 30 years. There is plenty of parking: 52 owned spots, 24 shared spots, and a leased, overflow lot. Coming by boat? There are 30 deepwater slips for those who want to dock and dine. The largest slips can accommodate up to an 85 foot boat with an 8 foot draft. Waterman's is one of the largest restaurants in the area. The inside dining room seats up to 120. The inside bar can seat 45. The outside deck accomodates 180 people plus another 200 under the tent. The outside bar seats 20. You'll also find a covered stage on the deck for live entertainment. Fully equipped kitchen. Upstairs you'll find a one bedroom apartment with kitchenette and full bathroom, currently used as the office. Ample storage space both inside and outside the restaurant. Buyers requesting P&L statements and FF&E list must sign NDA.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 05-021693
  • 05-017513
Land Assessment
$1,570,975
Improvements Assessment
$603,137
Total Assessment
$2,174,111
  • Listing ID: 25848164

  • Date on Market: 2022-06-03

  • Last Updated:

  • Address: 21065 Chesapeake Ave, Rock Hall, MD 21661

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