119 2nd St, Oakland, MD 21550-1519

This exceptional downtown Oakland property presents a unique investment opportunity. The 4,000 square foot building, constructed circa 1909 on a foundation dating back to 1877, boasts a rich history as the former Sipside Lounge. A complete renovation in 2018-2019 transformed the space into a stylish, upscale establishment, incorporating unique details such as antique stained-glass windows, custom woodwork, and a state-of-the-art sound system. The property includes two distinct commercial spaces, currently connected by a glass doorway. One space is occupied by a thriving vinyl record store, amenable to a lease arrangement or relocation. The other, the former Sipside Lounge, retains its bar and restaurant fixtures, including refrigerators, an ice maker, and ample seating. The building also features a 1900 square foot upper level, currently used for storage, with potential for conversion into office space or a residential apartment. The outdoor area is equally impressive, offering approximately 2,600 square feet of covered and uncovered seating, including handmade metal tables and chairs, cushioned lounge seating, and a stunning 1938 stone wood-burning fireplace with a railroad backdrop. The property includes new flooring, bathrooms, ADA ramps, updated electrical and plumbing, four air conditioning units, and two point-of-sale storefront displays. With a seating capacity of 42 inside and over 100 outside, this property offers immense potential for a variety of commercial ventures. The 0.12-acre lot provides ample space for outdoor activities and expansion. This is a truly remarkable property with endless possibilities.