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$350,000

  • Sold
  • Closed
  • Business
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This stately "Manor" is located in beautiful Western Maryland in the town of Oakland and only a short drive to the popular 4 season resort area of Deep Creek Lake! The structure was built in 1868 for Federal Judge Wilton J. Lambert as his summer home. In changing hands of ownership over the years the property changed uses and names. In 1959 Lou and Cecilia Cornish repurchased the property and renovated the interior and opened a restaurant and cocktail lounge. The operation of this type of business has remained the same until mid 2020. The "Manor" offers beautiful, historical charm in a victorian package with gorgeous tiffany lighting. The main floor design features 3 indoor dining rooms, a quaint, charming bar and large covered outdoor dining. The kitchen and food prep areas include ample dry and refrigeration storage. They are located in the back of the house on this level as well. Rest room facilities are found on the main floor. The upper level offers 4 private dining rooms and large guest receiving area which have been popular for those special evenings and for meeting venues. An office, storage room and full bath can be found on this floor as well. The elegant wrap around front porch also provides additional seasonal dining or a great place to enjoy a cocktail before or after a meal. Mature trees lend a park-like feeling to the grounds that surround the "Manor" and there is also plenty of parking. Total land with the property consists of two parcels for a total of 5.49 acres. Also, you will find a detached carriage house with a three car garage on the ground level and a one bedroom apartment on the upper level. This is a perfect living opportunity for a chef/operator. Restaurant equipment and most furnishings to convey with sale.

Full Property Details for 830 Memorial Dr

General

  • Sold For: $350,000
  • Taxes: $5,598 (2021)
  • Status: Closed
  • Type: Business
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDGA133788
  • Added to Site: 1, 952 day(s) ago

Business

  • Business Type: Banquet Facility/Lodge, Bed and Breakfast, Professio

Interior

  • Flooring: Carpet, Hardwood, Other

Rooms

Bathrooms

  • Restrooms: 3

Parking

  • Total Spaces: 38
  • Parking Features: Handicap Parking, Lighted Parking, Paved Parking, Private
  • Parking Type: Parking Lot

Location

  • Municipality: Oakland
  • County: Garrett
  • Development Name: Oakland
  • Subdivision: Oakland
  • Driving Directions: FROM 2 VACATION WAY TURN RIGHT ONTO RT 219 SOUTH AND FOLLOW TO TOWN OF OAKLAND. AT SECOND TRAFFIC LIGHT TURN LEFT ONTO MEMORIAL DRIVE AND FOLLOW TO PROPERTY ON LEFT.
  • Location Details: Free Standing
  • City Limits: Yes

School Information

  • Elementary School: Call School Board
  • Middle School: Southern Middle
  • High School: Southern Garrett

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Radiant
  • Heating Fuel: Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Cable TV, Natural Gas Available, Phone, Phone Connected, Sewer Available

Structural Information

  • Construction: Wood Siding
  • Foundation: Block, Stone
  • Roof: Shingle
  • Entry Floor Number: 1
  • Stories/Levels: 2
  • Year Built: 1868
  • Year Built Source: Assessor
  • Property Condition: Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Property View: Trees/Woods, Street
  • Lot Size (Acres): 2.75
  • Lot Size (Sq. Ft.): 119,790
  • Lot Size Source: Assessor
  • Lot Features: Additional Lot(s), Front Yard, Landscaping, Partly Wooded, Road Frontage, SideYard(s)
  • Zoning: COMMERCIAL
  • Lot Description: Additional Lot(s), Front Yard, Landscaping, Partly Wooded, Road Frontage, SideYard(s)

Financial Considerations

  • Price Per Sq. Ft.: $81.32
  • Assessment Year: 2021
  • City/TownTax: $1,611
  • City/TownTax Freq: Annually
  • County Tax: $3,987
  • County Tax Freq: Annually
  • Tax w/Assessment: $346,100
  • Tax Amount: $5,598
  • Tax Year: 2021
  • Owner Pays: All Utilities
  • Landlord Pays: All Utilities

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: MOST RESTAURANT EQUIPMENT & FURNISHINGS. EQUIPMENT LIST AVAILABLE.

Listed and Sold by Railey Realty, Inc., Terry L Boggs

Listing agent

— 830 Memorial Dr —

  • Terry L Boggs

    Railey Realty, Inc.

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 830 Memorial Dr

School District:Garrett County Public Schools
NameGradesDistance
Broad Ford Elementary School
607 Harvey Winters Drive, Oakland, MD 21550
PK-50.8 mi
Southern Middle School, Oakland, MD
605 Harvey Winters Drive, Oakland, MD 21550
6-80.8 mi
Southern Garrett High School
345 Oakland Drive, Oakland, MD 21550
9-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 830 Memorial Dr

Date
Details
Price
Change
Source
3/31/2023
Sold
$350,000
-29.86%
MLS
11/21/2022
Price Reduced
$499,000
-14.7%
MLS
8/13/2022
Price Reduced
$585,000
-13.33%
MLS
10/18/2020
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Railey Realty, Inc., Terry L Boggs

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830 Memorial Drive, Oakland, MD 21550 (MLS# MDGA133788) is a Business property that was sold at $350,000 on March 31, 2023. Want to learn more about 830 Memorial Drive? Do you have questions about finding other Business real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.