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1527 Maryland Highway, Oakland, MD 21550
$1,300,000Just Listed
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1527 Maryland Highway, Oakland, MD 21550View this property at 1527 Maryland Highway, Oakland, MD 21550
1527 Maryland HighwayOaklandMD21550
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Property Description
Opportunity to own an iconic property in Oakland! Riverside Grill, Inn and Suites, formerly Long Branch, is now for sale. Those property offers multiple income streams through both the motel and restaurant. The restaurant has been seen a large renovation to the interior dining, bar area and kitchen areas. The motel offers 12 rooms which several have just seen renovations. There is a 1BR/1BA apartment with full garage attached to the motel which could be an excellent nightly suite or long term rental. Also included is a 2.5+/- acre commercial lot with many possibilities. Top it off with over 700' of frontage on the Little Youghiogheny River offering the true Riverside setting. Looking to conquer your restaurant, motel and entrepreneurial goals? Call today to discuss the possibility of this fantastic property!
Full Property Details
Full Property Detailsfor 1527 Maryland Hwy
General
- Price: $1,300,000
- Taxes: (2023)
- Status: Active
- Type: Business
- MLS ID: MDGA2007496
- Updated: Today (6/21/2024)
- Added to Site: Today
Business
- Business Type: Hotel/Motel, Restaurant/Bar
Interior
- Flooring: Concrete, Wood, Vinyl
Parking
- Total Spaces: 85
- Parking Type: Parking Lot
Location
- Municipality: Mt Lake Park
- County: Garrett
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: 1527 Maryland Highway, Oakland, MD 21550
- Location Details: Highway
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Propane - Owned
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Wood Siding
- Roof: Metal
- Stories/Levels: 0
- Year Built: 1993
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Property View: Creek/Stream
- Lot Size (Acres): 4.62
- Lot Size (Sq. Ft.): 201,247
- Lot Size Source: Estimated
- Lot Features: Cleared, Additional Lot(s), Front Yard, Road Frontage
- Zoning: C
- Lot Description: Cleared, Additional Lot(s), Front Yard, Road Frontage
Water Features
- Water Front: Yes
- Water View: Yes
- Water Access: Yes
- Water Front Type: Creek
- Water Front Name: Little Youghiogheny
Financial Considerations
- Price Per Sq. Ft.: $133.61
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Investment: Yes
Quickly Find Out More
Listed by Railey Realty, Inc., Nick Fratz-Orr
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— 1527 Maryland Hwy —
Nick Fratz-Orr
Railey Realty, Inc.
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with our affiliated lender
NMLS#: 1598647
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Schools
Schoolsserving 1527 Maryland Hwy
School District:Garrett County Public Schools
| Rating | Name | Grades | Distance |
|---|---|---|---|
607 Harvey Winters Dr, Oakland, MD 21550 | PK-5 | 1.3 mi | |
605 Harvey Winters Dr, Oakland, MD 21550 | 6-8 | 1.3 mi | |
345 Oakland Dr, Oakland, MD 21550 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided byGreatSchools. Ratings are on a scale of 1-10.Learn more about GreatSchools ratings.School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales Historyfor 1527 Maryland HwyGet Price Alerts and Save Property
Date
Details
Price
Change
Source
6/21/2024
Listed
$1,300,000
62.5%
MLS
10/17/2023
Sold
$800,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax Historyfor 1527 Maryland Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$4,356
11%
$277,133
7%
2022
$3,934
-4%
$259,200
1%
2020
$4,094
1%
$257,000
2%
2020
$4,058
11%
$252,600
-1%
2017
$3,672
-6%
$254,800
1%
2019
$3,890
—
$252,600
—
2018
$3,899
-2%
$252,600
-3%
2017
$3,987
—
$259,500
—
2016
$3,997
—
$259,600
—
2015
$3,996
-2%
$259,600
—
2014
$4,076
—
$260,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Costfor 1527 Maryland Hwy
Listed by Railey Realty, Inc., Nick Fratz-Orr
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- Lots/Land
- Active
- Updated 2 days ago
1
Acres
Listed by Railey Realty, Inc., Nick Fratz-Orr
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- Single Family
- Active
- Updated 1 day ago
4
Beds
6
Total Baths
3,902
Sq. Ft.
Listed by Taylor Made Deep Creek Vacations & Sales, Eric John Crawford
Save
- Single Family
- Active
- Updated 14 hours ago
3
Beds
3
Total Baths
Listed by Jason Mitchell Group, Michael Cumerlato
Save
- Lots/Land
- Active
- Updated 6 days ago
2
Acres
Listed by Coldwell Banker Home Town Realty, Rhonda G Augenstein
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Price Reducednear 1527 Maryland Hwy
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- Single Family
- Active
- Updated 3 days ago
2
Beds
2
Total Baths
1,232
Sq. Ft.
Listed by ExecuHome Realty, Vicki L Eisenhardt
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- Single Family
- Active
- Updated 2 days ago
5
Beds
4
Total Baths
2,630
Sq. Ft.
Listed by Railey Realty, Inc., Michael Fenton
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- Single Family
- Active
- Updated 1 day ago
5
Beds
6
Total Baths
4,624
Sq. Ft.
Listed by Railey Realty, Inc., Jonathan D Bell
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- Single Family
- Active
- Updated 2 days ago
3
Beds
2
Total Baths
2,496
Sq. Ft.
Listed by Railey Realty, Inc., Kelsey Lynn Meyers
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- Single Family
- Closed
3
Beds
2
Total Baths
1,100
Sq. Ft.
Listed by Railey Realty, Inc., Bill G Weissgerber Jr.
Sold by Railey Realty, Inc., Jonathan D Bell
Save
- Single Family
- Closed
6
Beds
4
Total Baths
4,316
Sq. Ft.
Listed by Taylor Made Deep Creek Vacations & Sales, Randy Edward Ritchie
Sold by Railey Realty, Inc., Michael Fenton
Save
- Single Family
- Closed
5
Beds
5
Total Baths
3,955
Sq. Ft.
Listed and Sold by Railey Realty, Inc., Richard B Orr
Save
- Lots/Land
- Closed
1.5
Acres
Listed and Sold by Railey Realty, Inc., Russell W Bounds
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1527 Maryland Highway, Oakland, MD 21550 (MLS# MDGA2007496) is aBusiness property.1527 Maryland Highway is currently listed for $1,300,000 and was received on June 21, 2024.Want to learn more about 1527 Maryland Highway?Do you have questions about finding otherBusinessreal estate for salein Oakland?You can browse all Oakland real estate orcontact a Coldwell Banker agent to request more information.
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