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11070 Cathell Road, Ocean Pines, MD 21811
$385,000
11070 Cathell Road, Ocean Pines, MD 21811View this property at 11070 Cathell Road, Ocean Pines, MD 21811
11070 Cathell RoadOcean PinesMD21811
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Property Description
Paul & Vinny's Pizzeria is being offered for purchase. This is a leasehold interest and includes all of the furniture, Equipment and Goodwill of the Existing Business (not the real estate). Located in Ocean Pines, MD with attractive $1,160/month lease rate. Indoor dining and carry-out with potential to expand to deliver and include beer and wine. Voted #5 in the State of Maryland by The Washington Post for serving the best New York Style Pizza.
Full Property Details
Full Property Details for 11070 Cathell Rd
General
- Price: $385,000
- Taxes: (2023)
- Status: Active
- Type: Business
- MLS ID: MDWO2020388
- Updated: 4/26/2024
- Added to Site: 13 day(s) ago
Business
- Name: Paul & VInny's Pizzeria
- Business Type: Restaurant/Bar
Parking
- Total Spaces: 70
- Parking Type: Parking Lot
Location
- Area: Worcester East of Rt-113
- Municipality: OCEAN PINES
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: Located in Ocean Pines, MD behind the Royal Farms
- City Limits: Yes
School Information
- School District: Worcester County Public Schools
Heating & Cooling
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Other
- Water: Other
Structural Information
- Construction: Brick
- Stories/Levels: 0
- Aprox. Leasable: 1,500 Sq. Ft.
- Current Bldg. Use: Other
- Year Built: 2006
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Financial Considerations
- Price Per Sq. Ft.: $256.67
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 6%
- Ownership: Leasehold
Listed by Rinnier Development Co, William Rinnier
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Schools
Schools serving 11070 Cathell Rd
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
11318 Showell School Rd, Berlin, MD 21811 | PK-4 | 1.6 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 4 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 3 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11070 Cathell Rd
Date
Details
Price
Change
Source
4/17/2024
Listed
$385,000
-83.72%
MLS
3/14/2014
Sold
$2,365,000
—
Public Record
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
Tax History for 11070 Cathell Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$23,439
8%
$2,449,200
5%
2021
$21,792
—
$2,331,800
2%
2021
$21,792
2%
$2,277,167
2%
2021
$21,270
-16%
$2,222,533
3%
2020
$25,307
3%
$2,167,900
3%
2019
$24,514
2%
$2,107,033
3%
2018
$23,937
2%
$2,046,167
3%
2017
$23,361
—
$1,985,300
—
2016
$23,361
-47%
$1,985,300
-56%
2015
$43,984
-16%
$4,469,800
-18%
2014
$52,403
—
$5,424,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11070 Cathell Rd
11070 Cathell Road, Ocean Pines, MD 21811 (MLS# MDWO2020388) is a Business property. 11070 Cathell Road is currently listed for $385,000 and was received on April 17, 2024. Want to learn more about 11070 Cathell Road? Do you have questions about finding other Business real estate for sale in Ocean Pines? You can browse all Ocean Pines real estate or contact a Coldwell Banker agent to request more information.