1527 Maryland Highway Oakland, MD ^$ 950,000

1527 Maryland Highway

^$ 950,000

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1527 Maryland Highway

Oakland, MD, 21550

^$ 950,000

Studio Baths0.0 Sq 4,200

Monthly Estimate*

^$ 6,636

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Studio

Commercial Property for sale in Oakland, MD

for $950,000. This 4,200 square foot building was built in 1993 on a lot size of 1.2.

Restaurant and bar opportunity in Oakland, MD! Over 4200 square feet of prime restaurant space on one level between Oakland and Deep Creek Lake. The recently upgrade Riverside Grille, formerly Long Branch Saloon offers approval for up to 299 guests, excellent for regular dining and special events. Many recent upgrades to the interior dining areas, bar areas and kitchen. Continue operating as Riverside Grille or convert to your space of choice. Final acreage subject to final approval. Showings by appointment only. Call today for a private showing!

Commercial Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Restaurant/Bar

Lot Size

1.2

Year Built

1993

Town/City

Oakland

County/Region

Garrett

MLS | Web ID

MDGA2006980

Features

Interior

Heating Fuel Propane - Owned

Flooring Concrete Wood Vinyl

Hot Water Electric

Total Stories 1

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Forced Air

Cooling Central A/C

Possession Settlement

Roof Metal

Zoning C

Construction Materials Wood Siding

Year Built 1993

Property SubType Other

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality Mt Lake Park

Business Type Restaurant/Bar

Waterfront Features None

Accessibility Other

County GARRETT

New Construction N

Property Type Commercial Sale

Possible Use Beer/Wine/Liquor Commercial Convenience Store Hotel/Motel Investment Laundromat Medical/Dental Mini-Storage Mixed Use Multi-Family Parking Professional Service

Water Access Y/N N

Status ACTIVE

Directions 1527 Maryland Highway Oakland MD 21550 in GPS.

City OAKLAND

Buyer Agent Compensation 4

Body of Water Little Youghiogheny River

Total Units 1

Lot Size Square Feet 52272.00

Waterfront Y/N Y

Street Name MARYLAND HIGHWAY

Tax Annual Amount 0.0

Price Per Sq Ft 226.19

Acceptable Financing Cash Conventional Other

Historic Y/N N

Vacation Rental Y/N N

Days on Market 9

Location Type Highway

Standard Status Active

Year Built Source Estimated

Buyer Agent Compensation Type % Of Gross

Exterior

Lot Features Cleared Additional Lot(s) Front Yard Road Frontage

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 4200.00

Lot Size Acres 1.20

Water Body Type Creek

Lot Size Units Square Feet

Lot Size Source Estimated

Navigable Water Y/N N

Water Oriented Y/N Y

Internal Only

Street Number 1 1527

* Excluded Features

List By

Railey Realty, Inc.

Broker

nick@railey.com

Affordability Calculator

$6,636

Per Month

Monthly Principal & Interest: $6,636
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Oakland, MD

Average List Price ^$559,759

Percent of Sale Price 41%

About Oakland, MD

1,854 Population

-11% Since 2002

^$36,239 Median Income

46.74 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/5/2024	$950,000		Listed Price

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1527 Maryland Highway, Oakland, MD, 21550 is a Commercial Property for sale at $950,000 with 4,200 sqft and a lot size of 1.2. 1527 Maryland Highway is a studio with 0.0 baths and was built in 1993. The property's zip code is 21550 which is in Oakland, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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.

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1527 Maryland Highway

Commercial Property for sale in Oakland, MD

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