1527 Maryland Hwy Oakland, MD 21550-6354
Property profile & analytics
1527 Maryland Hwy Oakland, MD 21550-6354
- Warehouses
- 384 SF
- 0.47 lot acres
Property ID
US40-1476949
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 1527 Maryland Hwy
- Year built
- 1993
- Construction
- BRICK
- Lot size
- 0.47 lot acres
- Property size
- 384 SF
- Zone code
- C
- Property type
- Warehouses
- APN
- 16-017795
- APU
- 16017795
Description
This exceptional mixed-use property in Oakland, Maryland presents a unique investment opportunity. The iconic Riverside Grill, Inn and Suites (formerly Long Branch) boasts multiple income streams derived from both its established restaurant and motel operations. The restaurant has undergone a significant renovation, encompassing the dining area, bar, and kitchen, creating a modern and inviting space for patrons. The motel comprises twelve rooms, several of which have recently been renovated. A significant asset is a one-bedroom, one-bathroom apartment with an attached full garage, offering potential for nightly rentals or long-term occupancy. Adding to the property's appeal is a substantial 2.8+ acre commercial lot, ripe with development possibilities. The property's prime location provides over 700 feet of frontage on the Little Youghiogheny River, creating a truly picturesque riverside setting. The total building size is 9,730 square feet, situated on a 4.62-acre lot. This property is ideally suited for an entrepreneur seeking to establish or expand their restaurant, motel, and other commercial ventures. The asking price for this remarkable property is $1,100,000. This is a rare chance to acquire a well-established and versatile property with significant income potential and substantial development opportunities.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,005,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Garrett
- State
- Maryland
- Longitude
- -79.3711
- Latitude
- 39.3974
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,356
$0.00
$0.00
$277,133
-
$35,200
$277,800
$313,000
