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$350,000 Just Listed
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Property Description
Turnkey bar and restaurant opportunity in Frostburg's University Corridor! Currently operating as The Beach Club of Frostburg, this approximately 1,984-square-foot commercial property offers an established location serving both the local community and Frostburg State University market. The bar remains operational, while the restaurant and commercial kitchen areas are currently unused and ready for a new owner to reactivate and build upon the existing business. The sale includes the real estate, liquor license, existing bar and restaurant equipment, walk-ins, freezers, a large commercial refrigerator, and additional furnishings and fixtures. An existing staff is also in place, offering the potential for a smooth transition to new ownership. Previously utilized for restaurant and bar service, private parties, special events and student-night entertainment, the property offers multiple income and operating possibilities. Situated on approximately 0.20 acres and zoned C1 University Corridor/Mixed Use, the location supports restaurants, cafés and other neighborhood- and university-oriented uses. Whether continuing the current bar operation, reopening the restaurant or introducing an entirely new concept, this is a rare opportunity to acquire an equipped, established commercial property with a liquor license in the Frostburg market. Buyer to verify all zoning, licensing, equipment and permitted-use information.
Full Property Details
Full Property Details for 202 Center St
General
- Price: $350,000
- Taxes: $3,097 (2026)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSMidAtlantic
- MLS ID: MDAL2015782
- Updated: 9/4/2026
- Added to Site: 2 day(s) ago
Business
- Business Type: Restaurant/Bar
Parking
- Total Spaces: 10
- Parking Type: On Street, Parking Lot
Location
- Area: Frostburg - Allegany County (MDAL8)
- County: ALLEGANY
- Driving Directions: GPS
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Other
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Cedar
- Basement: Yes
- Stories Description: Main
- Building Size: 2624
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size Source: Estimated
- Zoning: C1
Financial Considerations
- Price Per Sq. Ft.: $133.38
- Assessment Year: 2025
- City/TownTax: $1,302
- City/TownTax Freq: Annually
- County Tax: $1,795
- County Tax Freq: Annually
- Tax w/Assessment: $180,400
- Tax Amount: $3,097
- Tax Year: 2026
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 1
Listed by Gates Realty, Jared P Fradiska
Get Pre-Approved Today
Schools
Schools serving 202 Center St
School District:Allegany County Public Schools
| Name | Grades | Distance |
|---|---|---|
Beall Elementary School, Frostburg, MD 3 East College Avenue, Frostburg, MD 21532 | PK-5 | 0.3 mi |
Mount Savage Middle School 13201 New School Road Northwest, Mount Savage, MD 21545 | 6-8 | 4.3 mi |
Mountain Ridge High School 100 Doctor Gasmick Lane, Frostburg, MD 21532 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 202 Center St
Date
Details
Price
Change
Source
9/04/2026
Listed
$350,000
775%
MLS
7/24/2019
Sold
$40,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 202 Center St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,891
—
$180,400
-3%
2025
$1,891
27%
$186,000
12%
2023
$1,490
—
$166,767
13%
2023
$1,490
18%
$147,533
15%
2020
$1,259
—
$128,300
—
2021
$1,259
-15%
$128,300
-14%
2020
$1,483
-1%
$149,900
1%
2019
$1,493
2%
$148,800
1%
2018
$1,469
4%
$147,700
1%
2017
$1,412
5%
$146,600
5%
2016
$1,343
5%
$138,967
6%
2015
$1,285
8%
$131,333
6%
2014
$1,188
—
$123,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 202 Center St
202 Center Street, Frostburg, MD 21532 (MLS# MDAL2015782) is a Commercial Service property. 202 Center Street is currently listed for $350,000 and was received on September 04, 2026. Want to learn more about 202 Center Street? Do you have questions about finding other Commercial Service real estate for sale in Frostburg? You can browse all Frostburg real estate or contact a Coldwell Banker agent to request more information.

