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$725,000 Sale Pending

  • For Sale
  • Pending
  • Commercial Service
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Locally Famous Neighborhood Restaurant and Bar building with 100 indoor seats, and additional outdoor seating. Plenty of parking are included in the sale of this fully equipped building with Keno and more. Sit back and relax as you let the current tenants continue the areas popular spot, or take over with your own establishment once the lease expires in 1.5 years. Tenant has option for 5 year renew that could make this a passive property, but tenant is willing to forgo option if new owner wishes to operate establishment as owner operator.

Full Property Details for 7456 Gumboro Rd

General

  • Price: $725,000
  • Taxes: $3,962 (2023)
  • Status: Pending
  • Type: Commercial Service
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWC2012596
  • Updated: 12/17/2025
  • Added to Site: 696 day(s) ago

Business

  • Business Type: Restaurant/Bar

Interior

  • Flooring: Concrete

Parking

  • Total Spaces: 26
  • Parking Type: Parking Lot

Location

  • Area: Wicomico Northeast (23-02)
  • Municipality: PITTSVILLE
  • County: WICOMICO
  • Driving Directions: Route 50 West Turn Right win Friendship Rr.
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Zoned, Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Bottled Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Phone, Propane, Sewer Available, Water Available

Structural Information

  • Construction: Brick
  • Foundation: Block
  • Roof: Asphalt
  • # Loading Docks: 1
  • Building Size: 3900
  • Year Built: 1900
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 1.4
  • Lot Size (Sq. Ft.): 60,984
  • Lot Size Source: Estimated
  • Street/Road Desc.: US Highway/Interstate
  • Zoning: C
  • Lot Description: Cleared, Corner

Financial Considerations

  • Price Per Sq. Ft.: $185.9
  • Tax w/Assessment: $395,000
  • Tax Amount: $3,962
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 7456 Gumboro Rd —

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NMLS#: 1598647

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NMLS#: 1598647

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Schools serving 7456 Gumboro Rd

School District:Wicomico County Public Schools
NameGradesDistance
Pittsville Elementary & Middle School
34404 Old Ocean City Road, Pittsville, MD 21850
3-80.4 mi
Willards Elementary School
36161 Richland Road, Willards, MD 21874
PK-23.1 mi
Parkside High School
1015 Beaglin Park Drive, Salisbury, MD 21804
9-129.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7456 Gumboro Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/23/2024
Listed
$725,000
9.85%
MLS
1/10/2022
Sold
$660,000
—
Public Record
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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 7456 Gumboro Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,910
—
$622,700
22%
2024
$4,910
25%
$508,967
29%
2023
$3,942
37%
$395,233
40%
2022
$2,868
7%
$281,500
3%
2019
$2,681
-2%
$273,067
3%
2021
$2,749
2%
$264,633
3%
2020
$2,701
-1%
$256,200
—
2019
$2,715
—
$256,200
—
2018
$2,715
-16%
$256,200
-15%
2017
$3,233
—
$302,100
—
2016
$3,233
—
$302,100
—
2015
$3,233
-7%
$302,100
-11%
2014
$3,485
—
$340,000
—
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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7456 Gumboro Road, Pittsville, MD 21850 (MLS# MDWC2012596) is a Commercial Service property. 7456 Gumboro Road is currently listed for $725,000 and was received on February 23, 2024. This property is listed by Shawn Kotwica from our Ocean City - 123rd Office.Want to learn more about 7456 Gumboro Road? Do you have questions about finding other Commercial Service real estate for sale in Pittsville? You can browse all Pittsville real estate or contact a Coldwell Banker agent to request more information.

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