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12 Broad St, Berlin, MD 21811

$1,000,000

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Sold Price: $1,000,000
List Price: $1,440,000
Status: CLOSED
Days on Market: 428
Closing Date: Sep 24, 2026
MLS#: MDWO2032286
Subtype: Commercial Sale
Year Built: 1910
Lot Size: 4,500
Acres: 0.10
Subdivision: None Available
MLS Area Major: Worcester West of Rt-113

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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.

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Additional Information

Zoning: C
Flooring: Hardwood
Heating: Other
Air Conditioning: Central Air
School District: Worcester County Public Schools