3 Howell Point Rd Betterton, MD 21610
Estimated payment $4,752/month
Highlights
- Water Oriented
- Traditional Architecture
- Eat-In Kitchen
- Open Floorplan
- Engineered Wood Flooring
- 2-minute walk to Betterton Community Park
About This Home
Charming Beachside Restaurant & Mixed-Use Investment Property
SBA Loan Eligible – Only 10% Down | Below-Market Interest Rates
Welcome to an exceptional opportunity to own a thriving restaurant and mixed-use building located in the heart of Betterton, a charming waterfront town in Kent County, Maryland. This property is not just a place to dine, but a hub of community life, offering both a bustling restaurant business and multiple income-generating spaces.
Property Highlights include: A spacious 2,392 sq. ft. dining area, the restaurant is fully equipped and ready to operate. It boasts a beer and wine license, which can easily be upgraded to a full liquor license. The current restaurant has great relationships with local camps. We are proud to have the opportunity to serve many\ of their over 700 campers and counselors each year. This brings in steady, seasonal business and strengthens its position as a go-to local eatery. In addition to the restaurant, the building features three apartments, each with its own unique charm and appeal:
Apartment #1: This spacious 1-bedroom, 1.5-bath unit offers 1,761 sq. ft. of living space, featuring beautiful hardwood floors and a full kitchen. With its separate entrance (in addition to access through the restaurant), this apartment could serve as a banquet room for events, an office, or a private residence. It also includes a convenient laundry room.
Apartment #2: A generously sized 3-bedroom, 2-bath apartment with 1,771 sq. ft. of living space. It features a private side entrance, a rear deck, expansive hardwood floors, and a full kitchen with a laundry room. This nearly new unit has barely been lived in, making it a fresh and inviting space.
Apartment #3: A cozy 2-bedroom, 1-bath unit, offering 1,452 sq. ft. of living space. With rear private access and a patio area, this apartment is perfect for those seeking a peaceful retreat and is also accessible through the restaurant.
History & Location: This property has a rich history, as was previously the Betterton Fire Hall and now offers 7,200 sq. ft. of usable space. It’s located in a prime location, just half a mile from the beach, offering the perfect blend of local charm and business opportunity. Whether you want to expand your restaurant business, invest in a mixed-use building, or simply live steps away from the water, this property offers something for everyone. Don’t miss out on this one-of-a-kind opportunity to be part of the thriving Betterton community!
Due to the high volume of inquiries about this property, we request that you **DO NOT contact the restaurant owner directly. They are in high season and need to be able to answer their phone for take-out orders.** Serious inquiries only – this rare beachside investment won't last long!
Listing Agent
(410) 877-5093 amber@psre.net Patterson-Schwartz Real Estate License #RB-0020896 Listed on: 05/21/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,211
Year Built
- Built in 1950 | Remodeled in 2008
Lot Details
- 0.34 Acre Lot
- Property is in very good condition
Home Design
- Triplex
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- Walk-In Closet
- 7,376 Sq Ft Home
- Open Floorplan
- Ceiling Fan
- Recessed Lighting
- Vinyl Clad Windows
- Double Hung Windows
- Combination Dining and Living Room
- Fire Sprinkler System
- Dryer
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Stove
- Built-In Microwave
- Dishwasher
- Disposal
Flooring
- Engineered Wood
- Bamboo
Parking
- Handicap Parking
- Driveway
- Paved Parking
- Parking Lot
Outdoor Features
- Water Oriented
- River Nearby
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- 200+ Amp Service
- Tankless Water Heater
Community Details
- 3 Units
- 2-Story Building
- Betterton Subdivision
Listing and Financial Details
- Assessor Parcel Number 1503021211
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,213 | $359,000 | $99,700 | $259,300 |
| 2024 | $5,211 | $358,867 | $0 | $0 |
| 2023 | $5,209 | $358,733 | $0 | $0 |
| 2022 | $5,171 | $358,600 | $99,700 | $258,900 |
| 2021 | $5,207 | $358,600 | $99,700 | $258,900 |
| 2020 | $5,207 | $358,600 | $99,700 | $258,900 |
| 2019 | $5,283 | $363,800 | $99,700 | $264,100 |
| 2018 | $5,283 | $363,800 | $99,700 | $264,100 |
| 2017 | $5,961 | $363,800 | $0 | $0 |
| 2016 | -- | $410,000 | $0 | $0 |
| 2015 | -- | $410,000 | $0 | $0 |
| 2014 | $6,296 | $410,000 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | For Sale | $825,000 | -- | $112 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- | |
| Deed | $100,000 | -- |
Source: Bright MLS
MLS Number: MDKE2005220
APN: 03-021211
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