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1527 Maryland

OAKLAND, MD 21550
  • $1,500,000
  • STATUS: Active
  • ON SITE: 113 Days
  • ID#: MDGA2000636
UPDATED: 55 min ago
$1,500,000
  • 0
    BEDS
  • 4.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1993
County:

School Ratings & Info

Description

Established Operating Restaurant & Bar with Fire Marshall approved occupancy of 299, combined with a 2- story (12) room Motel & attached apartment on 4.62 Acres with plenty of room for expansion. Double State Highway entrance access points are a real plus for current usage and future expansion. All land is Zoned Commercial and has access to additional Water and Sewer Taps. Current owner retiring and has kept this property in excellent condition. Additional uses to compliment the current operations could be a on site Brewery, additional Motel Space, Separate Commercial Building for Retail or Other Commercially approved uses in the Mountain Lake Zoning. Selling turn key with all Motel furnishings, Restaurant equipment and furniture allowing the new owners to take over same day as closing. Shown by appointment.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sky Group of Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T15:52:50.117.
www.theskygroup.com/homes/120207560
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1527 Maryland OAKLAND, MD 21550

  • Price: $1,500,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 55 min ago
  • ID#: MDGA2000636
0
Beds
0
Baths
0
½ Baths
4.62
Acres
1993
Built
County:
Garrett
School District:
Garrett County Public Schools
Property Description
Established Operating Restaurant & Bar with Fire Marshall approved occupancy of 299, combined with a 2- story (12) room Motel & attached apartment on 4.62 Acres with plenty of room for expansion. Double State Highway entrance access points are a real plus for current usage and future expansion. All land is Zoned Commercial and has access to additional Water and Sewer Taps. Current owner retiring and has kept this property in excellent condition. Additional uses to compliment the current operations could be a on site Brewery, additional Motel Space, Separate Commercial Building for Retail or Other Commercially approved uses in the Mountain Lake Zoning. Selling turn key with all Motel furnishings, Restaurant equipment and furniture allowing the new owners to take over same day as closing. Shown by appointment.
Exterior Features

Construction Materials Wood Siding Garage YN No Location Type Highway Lot Features ClearedAdditional Lot(S)Front YardRoad Frontage Parking Types Parking Lot Property Condition Excellent Riparian Rights YN No Roof Metal Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 9730.00 Cooling Central A/C Flooring ConcreteWoodVinyl Heating Forced Air Heating YN Yes Inclusions All Furnishings in Motel Rooms. All EquipmentTablesChairsKitchen Supplies. Food & Liquor Inventory To Be Calculated Separately Net Square Feet 9730.00

Property Features

Accessibility Features Other Assessment Year 2021 Association YN No Business Type Hotel/MotelRestaurant/Bar Central Air YN Yes Cooling Fuel Electric Heating Fuel Propane - Owned Hot Water Electric Lease Considered YN No Municipality Mt Lake Park Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 800933218102 Ownership Interest Fee Simple Possession Coin W/Sell Sett Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 0.00 Tax Assessment Amount 257000.00 Vacation Rental YN No Water Source Public Zoning C

Listing courtesy of Railey Realty, Inc..


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Sky Group of Long & Foster Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T15:52:50.117.
 
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The Sky Group of Long & Foster Real Estate
7700 Old Georgetown Rd, Suite 120
Bethesda MD, 20814