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12 Broad StreetBerlin, MD 21811Price: $1,440,000

  • Price: $1,440,000
  • 350 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
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12 Broad Street Berlin MD 2181112 Broad Street Berlin MD 21811
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  • 0.1Acreage
  • 1910Year Built
  • 230Price Per Square Foot
  • 2023Assessment Year
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.
Listed by William Rinnier of Rinnier Development Co

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Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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Location Information

  • UsmAreaBerlin - Worcester West of Rt-113

Parking

  • Parking TypesOn Street, Parking Lot

Basic Information

  • Date Listed07/30/2025

Location

  • Address12 Broad Street
  • Building Number12
  • CountyWorcester
  • DirectionsBroad Street, located in downtown Berlin, MD
  • In City Limits YNYes
  • IncorporatedcitynameBerlin
  • StateMD
  • SubdivisionNone Available
  • TownBerlin
  • Zip21811

Exterior

  • RoofBuilt-Up

Amenities

  • Accessibility AmenitiesOther

Other

  • Cap Rate7
  • Historic YNYes

Basic Information

  • Broker NameRinnier Development Co
  • List Price$1,440,000
  • MLS Area MajorWorcester West of Rt-113
  • MLS NumberMDWO2032286
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot230
  • StatusACT

Building

  • Building Area SourceEstimated
  • Building Area Total6268
  • Construction MaterialsBlock
  • Total Garage And Parking Spaces15
  • Year Built1910

Interior

  • FlooringHardwood

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelOther
  • Heat SystemOther
  • Heating FuelOther
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterOther
  • Water SourcePublic

Tax Information

  • Assessment Year2023
  • City Town Tax$1,272
  • City Town Tax Payment FrequencyAnnually
  • County Tax$1,523
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$624,300
  • Tax Year2023
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.1
  • Business TypeRestaurant/Bar
  • Lot Size SourceEstimated
  • Lot Size Square Feet4,500
  • New Construction YNN
  • Property SubTypeRetail
  • Road ResponsibilityPublic
  • Road Surface TypeUS Highway/Interstate
  • ZoningC

Legal

  • PossessionSettlement
  • Sale TypeStandard

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 14, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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