1527 Maryland HwyOakland, MD 21550

This exceptional investment opportunity presents a thriving, multi-faceted business in Oakland, Maryland. The Riverside Grille and Suites, formerly known as Long Branch, boasts a prime location just ten minutes from Deep Creek Lake, offering significant potential for growth and profitability. The property encompasses two buildings totaling 9,730 square feet, built in 1993 and extensively renovated in 2023. The complex includes a fully renovated restaurant with updated dining, bar, and kitchen areas, generating substantial revenue. Accompanying the restaurant are twelve motel rooms, several of which have also undergone recent renovations. Adding to the income streams is a one-bedroom, one-bathroom apartment with an attached garage, ideal for nightly rentals or long-term occupancy. The property sits on a 4.62-acre lot, providing ample space for future expansion or development, and features over 700 feet of Little Youghiogheny River frontage. The property includes 100 parking spaces and is currently operating at 90% occupancy (as of October 12, 2023). This fee-simple ownership opportunity is priced at $1,200,000, representing a price per square foot of $123.33. Detailed financial information is available to qualified buyers upon execution of a non-disclosure agreement. The property is zoned for commercial use and offers multiple income streams, making it an attractive investment for both owner-users and investors seeking a turnkey operation in a desirable location.