Address
26342 Oxford Road, Oxford, MD
Price
$ 799,000
Property Attributes
- MLS#MDTA2005864
- TypeCommercial
- CountyTALBOT
- CityOxford
- Zip21654
- StyleRestaurant/Bar
- Year Built1940
- Taxes$ 2892
- Price$ 799,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4200
- Lot Size1.64 Acres
Data Source:
Bright MLS
Property Description
Local landmark restaurant in Oxford, Maryland is available For Sale for investors. New 5-year lease. Situated at the entrance to the idyllic town of Oxford, Latitude 38 has served locals and tourists alike for over 33 years. Within walking distance to most marinas and boatyards, the restaurant has become a staple amongst the town's residents, weekenders, and visitors. The restaurant interior was renovated in the spring of 2022 offering 128 seats and a gorgeous 20 chair bar. Many upgrades throughout the facility, including new kitchen equipment, HVAC, and other remodeled elements. Home to coastal living and lifestyle enthusiasts, the Town of Oxford is the "Gold Coast" of the Chesapeake Bay region.
| Price History | |
|---|---|
| 7/18/2023 | Listed $799,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Heat Pump(s) |
| Cooling | Central A/C,Ductless/Mini-Split |
| Utilities | Water Available,Sewer Available,Cable TV Available,Above Ground |
| Possession | Settlement |
| Zoning | C-2 GENERAL COMMERCIAL |
| Construction Materials | Other |
| Year Built | 1940 |
| Property SubType | Retail |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Restaurant/Bar |
| Accessibility | Level Entry - Main |
| County | TALBOT |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Investment |
| Status | ACTIVE |
| Directions | From Easton Bypass (Rt 322),turn south unto Oxford Road (Rt 333). Proceed 8.4 miles. Property will be on the right. |
| ModificationTimestamp | 2024-05-08T03:06:21 |
| City | OXFORD |
| Buyer Agent Compensation | 3 |
| Total Units | 1 |
| Lot Size Square Feet | 71438.40 |
| Tax Assessed Value | 288500.0 |
| Waterfront Y/N | No |
| Street Name | OXFORD |
| Tax Annual Amount | 2892.0 |
| Price Per Sq Ft | 321.27 |
| Lease Considered Y/N | Yes |
| Vacation Rental Y/N | No |
| Days on Market | 297 |
| Location Type | Free Standing |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | * |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Central |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | ROAD |
| Central Air Y/N | Yes |
| Total Restrooms | 2 |
Exterior Features
| Water Source | Public |
|---|---|
| Inclusions | All restaurant fixtures,equipment,bar,and interior and exterior decorations are passed onto Tenant. |
| Total Parking Spaces | 20 |
| Type of Parking | Parking Lot |
| Land Use Code | CC |
| Water View Y/N | No |
| Building Area Total | 2487.00 |
| Lot Size Acres | 1.64 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 148600.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 20 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21654
Price
Taxes
Visits
Year Built
Walkscore
© BRIGHT, All Rights Reserved
