1342 Lake Avenue, Pasadena, MD, 21122

1342 Lake Avenue Pasadena, MD 21122

1342 Lake Avenue, Pasadena, MD, 21122
1342 Lake Avenue, Pasadena, MD, 21122 1342 Lake Avenue, Pasadena, MD, 21122 1342 Lake Avenue, Pasadena, MD, 21122 1342 Lake Avenue, Pasadena, MD, 21122
FOR SALE
Property Type:
Restaurant
Amount:
Please Call Broker for Price

Last Verified:
Feb 20, 2024

Highlights

  • Includes 7-day tavern license for beer/wine/liquor and carryout
  • Turn key with tables, chairs, restaurant, and kitchen equipment
  • Includes outdoor seating area
  • Rented apartments generate $900/month and $1,700/month
  • No required food sales correlation for liquor license
  • Been in the same family for 75+ years
  • Includes large, un-utilized space for immediate expansion of the kitchen or one of the apartments

Description

"Lakeshore Tavern" on 1.8+/- acres

Close to many amenities.


Year Built: 1940
Building Size: 3710sq ft
Lot Size: 0 acres


Documents

lake-ave-1342

Map of 1342 Lake Avenue, Pasadena, MD, 21122

Presented by:
Lee & Associates | Chesapeake Region, LLC

Request additional information
Stephen Weiss


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.