For Sale
$199,000

1232 Mount Harmony Rd Owings, MD 20736

Prime Owings location, established business, high potential.

Overview

Added:
Feb 3
Days on market:
84
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 Details for 1232 Mount Harmony Rd

Property type
Mixed-use properties
Square Feet
3,521 SF
Year Built
1930
Lot Size (sq. ft)
23,522 SF

Location Insight

City
Owings
County
Calvert
State
Maryland
Latitude
38.70279
Longitude
-76.58247

FAQs

What type of property is this?
Mixed-use property - Prime Owings location, established business, high potential.
Where is the 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.
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1232 Mount Harmony Rd
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