The Tiki Bar Property - Potential for Mixed-Use Waterfront Development

Solomons, MD (Calvert County)

Tiki Bar Solomons
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Asking Price: $3,300,000

Gross Revenue: $1,665,958

Price/Sq. Ft.: N/A

NOI: N/A

Building SF: N/A

FF&E: N/A

Year Built: N/A

The Tiki Bar Property - Potential for Mixed-Use Waterfront Development

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Property Description

Offering to qualified investors an opportunity to purchase the world famous, iconic - Tiki Bar at Solomons Island, Maryland. Known to many as "the gem of the Chesapeake," this landmark site has drawn adventurous souls in search of island refuge and tiki ambiance for over 36 years. Liquor License in place.

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Detailed Information

Location:
Solomons, MD
Type:
Other Business Real Estate
Building Status:
Established
Facilities:
- 85 Charles Street - Total Area: 3.04 Acres, Tiki Bar Building, Total Square Footage: 5703 Sq.Ft., (Tiki Bar, 1st Floor: 3,384 Sq.Ft., Office (2nd Floor):2,319 Sq. Ft.) - 75 Charles Street Total Land Area: 0.74 Acres, Total Square Footage: 5,466 Sq. Ft. (T-Shirt Shop & Cigar/Tobacco Shop: 1,170 Sq. Ft., Island Sushi: 1,389 Sq. Ft., Grill Sergeant BBQ: 864 Sq. Ft., Storage Area: 2,043 Sq. Ft.)
Location Description:
Located in the Solomons Town Center, 75 & 85 Charles Street, The Tiki Bar offers the chance to own a one of a kind property that includes +11,000 SF of restaurants, shops and open air bar. The 3.31 acre site offers a panoramic view of Mill Creek and Back Creek and is improved with out-door seating, a transient pier for patrons arriving by boat, and supporting land for parking.
Business Website:
http://www.tikibarsolomons.com/
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Contact the Seller

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Jeffrey Hider, CBI, CBC, CBB

Property Listed By:
Jeffrey Hider

The THOR Group LLC

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers.

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