Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1232 Mount Harmony Rd Owings, MD 20736

    Sponsored
    For Sale
    $199,000

    Prime Owings location, established business, high potential.

    Property size:
    3,521 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property, located at 1232 E Mount Harmony Road in Owings, Maryland, presents a unique investment opportunity. The 3,521 square foot building currently operates as a thriving tavern and restaurant, boasting a substantial 600 square foot deck overlooking a generous 0.54-acre lot. Ample parking is provided with approximately 25 spaces. The property includes a full liquor license permitting both on and off-premises sales, along with keno and a convenient drive-up window. A major renovation undertaken in 1998 significantly upgraded the building's infrastructure, encompassing window replacements, insulation improvements, electrical rewiring, roof repair, and septic system upgrades. While a subsequent renovation was initiated but left incomplete, this presents a chance to customize and further enhance the property. The property is being sold "as-is" at a reduced price reflecting the unfinished renovation. The substantial lot size (23,723 square feet) offers considerable potential for expansion or future development. This established business, situated in a desirable location, offers a compelling blend of immediate income generation and long-term growth prospects. The property's existing infrastructure and operational features provide a solid foundation for a new owner to capitalize on its considerable potential.

    Property Features for 1232 Mount Harmony Rd

    General Information

    Property type
    Mixed-use properties
    Square Feet
    3,521 SF
    Lot Size
    23,522 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Auto Parts Store Kitchen & Bath Storage Facility Garden Center Discount Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Owings
    County
    Calvert
    State
    Maryland
    Longitude
    -76.58247
    Latitude
    38.70279

    Nearby Similar for Sale

    • $199,000

      Tavern/Restaurant with Development Potential

      Two-story tavern/restaurant on a large lot with parking.
      1232 E Mount Harmony Rd, Owings, MD 20736
      View Details
    • $639,900

      Specialty Property in Owings, MD

      Specialty property available for sale in Owings, Maryland.
      520 E Chesapeake Beach Rd, Owings, MD 20736
      View Details
    • $635,000

      Owings Specialty Property For Sale

      Specialty property available for purchase in Owings, Maryland.
      114 Delores Dr, Owings, MD 20736
      View Details
    • $750,000
      2,240 SF

      Retail Property in Owings, MD

      Retail property for sale with 2,240 square feet of space.
      2020 Chaneyville Rd, Owings, MD 20736
      View Details
    • $725,000

      Cross Point Drive Property

      Specialty property available for sale in Owings, Maryland.
      56 Cross Point Dr, Owings, MD 20736
      View Details
    • $810,000

      CHANEYVILLE Rd, Owings, MD Property

      Property for sale at 3446 CHANEYVILLE Rd, Owings, MD
      3446 Chaneyville Rd, Owings, MD 20736
      View Details
    • $825,000

      LAKE SHORE Drive Property

      Property on LAKE SHORE Drive, Owings, MD for sale.
      7818 Lake Shore Dr, Owings, MD 20736
      View Details
    • $609,000

      Specialty Property for Sale

      Specialty property available for purchase in Owings, Maryland.
      9230 Sam Owings Rd, Owings, MD 20736
      View Details
    • $825,000

      Specialty Property for Sale

      Specialty property available for purchase.
      6030 Clairemont Dr, Owings, MD 20736
      View Details
    • $700,000
      7,300 SF

      Owings Winery & Event Venue

      Charming winery, event space, & brewery potential.
      3485 Chaneyville Rd, Owings, MD 20736
      View Details
    • $750,000
      2,240 SF

      Owings Industrial Corner Lot

      High-traffic location, 2240 sq ft automotive shop
      2020 Chaneyville Rd, Owings, MD 20736
      View Details
    • $4,500,000
      3,876,840 SF

      Owings Golf Course Investment Opportunity

      Prime Golf Course, 23 Acres, MD
      6215 Scaggs Rd, Owings, MD 20736
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Prime Owings location, established business, high potential.
    Where is this mixed-use property located?
    The property is located at 1232 Mount Harmony Rd Owings, MD.
    What is the asking price?
    The asking price for this property is $199,000.
    (240) 925-2224
    Request Owner's contact information
    1232 Mount Harmony Rd Owings, MD 20736
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1232 Mount Harmony Rd
    Owings, MD 20736
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1232 Mount Harmony Rd Owings, MD 20736
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.