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$1,645,000

  • For Sale
  • Active
  • Commercial Service
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The Globe is located in historic Berlin, MD. The tenant is a restaurant operator under a 3 year Triple Net (NNN) lease with two 3 year options to renew. The annual rent increases by 3% each year. Full property details can be provided upon request with a confidentially agreement. Sale price is listed at $1,645,000.00 with a 7% cap rate. The tenant operates under "Oaked at The Globe." Do not disturb the tenant or inspect the property without coordination with the listing agent.

Full Property Details for 12 Broad St

General

  • Price: $1,645,000
  • Taxes: (2023)
  • Status: Active
  • Type: Commercial Service
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2032286
  • Updated: 3/6/2026
  • Added to Site: 247 day(s) ago

Business

  • Business Type: Restaurant/Bar

Interior

  • Flooring: Hardwood

Parking

  • Total Spaces: 15
  • Parking Type: On Street, Parking Lot

Location

  • Area: Worcester West of Rt-113
  • Municipality: BERLIN
  • County: WORCESTER
  • Driving Directions: Broad Street, located in downtown Berlin, MD
  • Historic District: Yes
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Other
  • Heating Type: Other
  • Heating Fuel: Other
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Block
  • Roof: Built-Up
  • Building Size: 6268
  • Year Built: 1910
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Size (Sq. Ft.): 4,500
  • Lot Size Source: Estimated
  • Street/Road Desc.: US Highway/Interstate
  • Zoning: C

Financial Considerations

  • Price Per Sq. Ft.: $262.44
  • Assessment Year: 2023
  • City/TownTax: $1,272
  • City/TownTax Freq: Annually
  • County Tax: $1,523
  • County Tax Freq: Annually
  • Tax w/Assessment: $624,300
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Rinnier Development Co, William Rinnier

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Listing agent

— 12 Broad St —

  • William Rinnier

    Rinnier Development Co

Listing Office Email: brinnier@rinnier.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 12 Broad St

School District:Worcester County Public Schools
NameGradesDistance
Buckingham Elementary School
100 Buckingham Road, Berlin, MD 21811
PK-40.4 mi
Berlin Intermediate School
309 Franklin Avenue, Berlin, MD 21811
4-60.6 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-81.9 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12 Broad St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/30/2025
Listed
$1,645,000
186.09%
MLS
11/05/2019
Sold
$575,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 12 Broad St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$11,141
4%
$624,300
-2%
2021
$10,725
—
$635,400
5%
2021
$10,725
6%
$605,267
5%
2021
$10,105
6%
$575,133
6%
2020
$9,576
8%
$545,000
—
2019
$8,867
—
$545,000
—
2018
$8,867
-4%
$545,000
-4%
2017
$9,258
—
$569,000
—
2016
$9,258
4%
$569,000
—
2015
$8,888
-1%
$569,000
-1%
2014
$8,963
—
$573,800
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Rinnier Development Co, William Rinnier

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12 Broad Street, Berlin, MD 21811 (MLS# MDWO2032286) is a Commercial Service property. 12 Broad Street is currently listed for $1,645,000 and was received on July 30, 2025. Want to learn more about 12 Broad Street? Do you have questions about finding other Commercial Service real estate for sale in Berlin? You can browse all Berlin real estate or contact a Coldwell Banker agent to request more information.

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