7418 BALTIMORE AVENUECollege Park, MD, 20740
$ 100,000Bedrooms-- Baths0.0 Sq 2,707
for $100,000. This 2,707 square foot building was built in 1930.
Real STEAL for this EXCELLENT business opportunity to take over this very famous, well-established tea shop/ restaurant/shop. Currently offers dining in for up to 45 people, carry-out & delivery services. Two new walk-in refrigerators less than 3 years old. Renovated bathroom and kitchen tiles. Check out the location! It is right next to UMD! You won't believe how affordable the monthly rent is! 2707 sf space. $750K tax income in 2018. Lots of potential for growth. Fantastic location offers plenty of pass by traffic for business and marketing. Business, Equipment & all current inventory included in the sale. This is selling the business/lease, not selling the franchise. All logos will be removed before closing. Owner will provide 2 weeks of training if required after sale. Landlord Approval of New Tenant to take over current 1 year Lease with option to renew for another 5 years. Call for more information and to schedule a showing, serious qualified inquiries only! Do not go without a scheduled appointment time and signed confidentiality form. Hurry! This won't last long! Priced to sell fast!
Heating Source Natural Gas
Heating System Forced Air Hot Water Heater: Gas
Sewer Public Sewer
Water Source Public Water
Parking 1-20 Assigned Parking Spaces
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 3.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in College Park, MD
Average List Price $587,225
Percent of Sale Price 487%
About College Park, MD
$ 64,663 Median Income
21.73 Median Age
15% Households with Children
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS School District