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$1,000,000
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Property Description
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. This property is an equipped restaurant with outside tiki bar and patio. It is ready for an operator to take advantage of this well known Berlin location.
Full Property Details
Full Property Details for 12 Broad St
General
- Sold For: $1,000,000
- Taxes: (2023)
- Status: Closed
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2032286
- Added to Site: 428 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.: $229.74
- 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
Sold by Non Subscribing Office, NON MEMBER
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Schools
Schools serving 12 Broad St
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Buckingham Elementary School 100 Buckingham Road, Berlin, MD 21811 | PK-4 | 0.4 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 0.6 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 1.9 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 2 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
Date
Details
Price
Change
Source
9/24/2026
Sold
$1,000,000
-30.56%
MLS
5/06/2026
Price Reduced
$1,440,000
-12.46%
MLS
7/30/2025
Listed
$1,645,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12 Broad Street, Berlin, MD 21811 (MLS# MDWO2032286) is a Commercial Service property that was sold at $1,000,000 on September 24, 2026. 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.

