4907 CORDELL AVE new to site

Bethesda,MD 20814

$ 450000

- Bed

- Bath

5250 SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,250 sqft

Price per Sqft $85

MLS Listing ID MDMC2167724

Originating Board BRIGHT

Year Built 1961

Annual Tax Amount $23,150

Tax Year 2024

Lot Size 2,625 Sqft

Acres 0.06

Property Sub-Type Retail

Property Description

Business Opportunity for an Established Restaurant with 4.5 Google Reviews

Overview:
Here's your chance to own a renowned Latin restaurant that has delighted patrons for over two decades. Five years at the current location. Located in a bustling neighborhood with consistent foot traffic, this restaurant boasts an impressive 4.5-star rating on Google, thanks to its authentic cuisine, warm ambiance, and exceptional service.

Highlights:

Strong Reputation: Successful operation and glowing reviews, the restaurant has built a loyal customer base and a strong brand presence.
- Prime Location: Situated in a high-visibility area with easy access and ample parking, making it a go-to destination for both locals and visitors.
- Authentic Cuisine: Renowned for its traditional dishes crafted from family recipes, offering a unique and memorable dining experience.
- Experienced Staff: A well-trained, experienced team ensures smooth operations and high-quality service, contributing to the restaurant's excellent reputation.
- Beautiful Ambiance: The restaurant's inviting atmosphere, featuring classic latin decor and live music on weekends, creates a lively and welcoming environment.
- Growth Potential: With the popularity of cuisine on the rise, there are opportunities to expand the menu, introduce catering services, or even open additional locations.

Financials:
- Strong annual revenue with consistent growth over the years.
- Detailed financial statements available upon request.

Ideal Buyer:
This opportunity is perfect for an entrepreneur or a seasoned restaurateur looking to step into a well-established business with a proven track record. With its solid foundation and potential for growth, this restaurant offers a lucrative investment for the right buyer.


Serious inquiries only.

Location

State MD

County Montgomery

Zoning CR3.0

Interior

Hot Water Natural Gas

Heating Other

Heat Source Electric

Exterior

Garage Spaces 2.0

Water Access N

Accessibility None

Total Parking Spaces 2

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Montgomery County Public Schools

Others

Tax ID 160700552890

Ownership Leasehold

SqFt Source Assessor

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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