1232 Mount Harmony Rd Owings, MD 20736
- Mixed-use properties
- 3,521 SF
- 0.54 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 1232 Mount Harmony Rd
- Year built
- 1930
- Lot size
- 0.54 lot acres
- Property size
- 3,521 SF
- Property type
- Mixed-use properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Owings
- County
- Calvert
- State
- Maryland
- Longitude
- -76.58247
- Latitude
- 38.70279
