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304 Evans Ave
Grasonville, MD 21638

Evans Avenue · Retail Property For Sale

Investment Highlights

  • Route 50/301 access is provided by an easy right in – right out intersection.
  • Winchester Liquors has operated on this site for over 40 years.
  • Currently in Initial Term of 10-year lease, ending July 31, 2023, with 10-year Renewal Term extending through July 31, 2033.

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,990 SF
Building Class
C
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.10 AC
Zoning
UC
Parking
10 Spaces (3.34 Spaces per 1,000 SF Leased)
Frontage
23 FT on Evans Ave

About 304 Evans Ave , Grasonville, MD 21638

Winchester Liquors has operated on this site for over 40 years. The owner/seller was the second proprietor for fifteen years, the current tenant has been in place for eight years. Loyal beach traffic has long been a strong, sustained source of business. At Exit 44B, Route 50/301 access is provided by an easy right in – right out intersection. This is the easternmost highway-oriented liquor store on Kent Island. The local trade area extends to Queenstown, Centreville, and Wye Mills. Closest competitors are 2.6 miles to the west, 9.5 miles to the east, and over 20 miles to the Easton market.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-003830
Land Assessment
$823,300
Improvements Assessment
$119,700
Total Assessment
$943,000
  • Listing ID: 19373905

  • Date on Market: 4/29/2020

  • Last Updated:

  • Address: 304 Evans Ave, Grasonville, MD 21638

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