26342 Oxford Road Oxford, MD $ 799,000
26342 Oxford Road
$ 799,000
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26342 Oxford Road

Oxford, MD, 21654
$ 799,000
Baths0.0 Sq 4,200

Monthly Estimate*

$ 5,581

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Studio

Commercial Property for sale in Oxford, MD

for $799,000. This 4,200 square foot building was built in 1940 on a lot size of 1.64.

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.

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Commercial Active

Price

$ 799,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,892

Style

Restaurant/Bar

Lot Size

1.64

Year Built

1940

Town/City

Oxford

County/Region

Talbot

MLS | Web ID

MDTA2005864

Features
Interior
Heating Fuel Central
Hot Water Electric
Heating Y/N Y
Street Suffix ROAD
Central Air Y/N Y
Total Restrooms 2
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General
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
Municipality Oxford
Business Type Restaurant/Bar
Accessibility Level Entry - Main
County TALBOT
New Construction N
Property Type Commercial Sale
Water Access Y/N N
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.
City OXFORD
Buyer Agent Compensation 3
Total Units 1
Lot Size Square Feet 71438.40
Waterfront Y/N N
Street Name OXFORD
Tax Annual Amount 2892.0
Price Per Sq Ft 321.27
Lease Considered Y/N Y
Vacation Rental Y/N N
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 N
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Exterior
Water Source Public
Inclusions All restaurant fixtures equipment bar and interior and exterior decorations are passed onto Tenant.
Type of Parking Parking Lot
Water View Y/N N
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 N
Water Oriented Y/N N
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Internal Only
Street Number 1 26342
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* Excluded Features
List By
Svn/Miller Commercial Real Estate

Broker

ross.benincasa@svn.com

Email

Affordability Calculator

$5,822
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,581
Monthly Property Taxes
$241
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/18/2023$799,000 Listed Price

Map


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26342 Oxford Road, Oxford, MD, 21654 is a Commercial Property for sale at $799,000 with 4,200 sqft and a lot size of 1.64. 26342 Oxford Road is a studio with 0.0 baths and was built in 1940. The property's zip code is 21654 which is in Oxford, MD