119 & 121 S 2Nd Street
Oakland, MD, 21550 $ 599,000
Baths0.0 Sq 4,000 Monthly Estimate*
$ 3,981
Studio
for $599,000. This 4,000 square foot building was built in 1914 on a lot size of 0.12.
Here is an incredible opportunity to own a bullseye historic building, land and iconic outdoor fireplace that once housed the popular Sipside Lounge on 2nd Street in downtown Oakland! The possibilities of the property are endless, offering two great commercial spaces which are currently connected inside via a glass doorway. The other side currently houses an operating business - Flipside Sounds (vinyl record store since 2018). Flipside is amenable to tenant: landlord lease arrangement or vacating the premises depending on the wishes of the new owner. The former Sipside space is currently furnished with indoor and outdoor furniture such as tables, chairs, barstools, and lounge couches. Bar/restaurant hardware such as two refrigerators, icemaker, stainless steel sinks, requisite glassware and other barkeep items are also available in good working order. The property is just oozing with history; the foundation was built in 1877 and the building itself is circa 1909. The property was gutted and remodeled in 2018/ 19 to create an upscale- hipster interior. Unique details were incorporated into the rehab project, including two antique stained-glass windows, stage lighting, acoustic ceiling tile, two point-out storefront displays, custom wormy oak hand-built bar, climate-controlled wine storage loft, an indoor-outdoor performing arts sound system and a Bowers & Wilson Zeppelin sound system. Additionally, new flooring, bathrooms, ADA ramps, paint, electric, panel/breaker box, piping and four air conditioning units were also added. The upper level of the building offers 1900 square feet of potential (currently being used as storage) that could be converted to office space or a great studio apartment. If all this isn't enough, take a walk outside to the newly finished outdoor area; it will take your breath away! With approximately 2,600 square feet of covered and uncovered seating options, the hardest choice you need to make is where to sit. Perhaps you will prefer the handmade metal tables & chairs from India, or the cushioned lounge seating arrangement by the train tracks. And one of the neatest features and biggest draws to Sipside's open-air space is the massive stone woodburning fireplace from 1938 featuring the Oakland B&O Railroad as the backdrop. So many options here! Seating capacity is 42 inside and over 100 outside.
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FeaturesInteriorHeating Fuel Natural Gas
Flooring Laminate Plank
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
Total Restrooms 3
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GeneralSewer Public Sewer
Heating Hot Water
Cooling Multi Units
Utilities Natural Gas Available
Possession Settlement
Roof Shingle
Zoning C
Security Features Security System
Construction Materials Brick
Year Built 1914
View Street
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality Oakland
Business Type Restaurant/Bar Storage
Accessibility Ramp - Main Level
County GARRETT
New Construction N
Property Type Commercial Sale
Subdivision Name OAKLAND
Possible Use Beer/Wine/Liquor Food & Beverage Commercial Convenience Store Retail
Water Access Y/N N
Status ACTIVE
Directions Garrett Highway South to right on East Green street left on South Second street business is on the right.
City OAKLAND
Buyer Agent Compensation 3.5
Total Units 2
Lot Size Square Feet 5128.00
Waterfront Y/N N
Street Name 2ND
Tax Annual Amount 2729.0
Property Condition Excellent
Price Per Sq Ft 149.75
Historic Y/N Y
Vacation Rental Y/N N
Days on Market 630
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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ExteriorLot Features Cleared
Water Source Public
Inclusions Bowers Wilson Sound System (Zeppelin)
Type of Parking On Street Parking Lot
Foundation Details Block
Water View Y/N N
Building Area Total 4000.00
Lot Size Acres 0.12
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 16600.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByTaylor Made Deep Creek Vacations & SalesBroker
betsy@deepcreeksales.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,981
- Monthly Property Taxes
- $227
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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.
Learn more about how to save NearbyCommerical listings in Oakland, MD
Average List Price $1,118,750
Percent of Sale Price 87%
About Oakland, MD 1,854 Population
-11% Since 2002
$ 36,239 Median Income
46.74 Median Age
19% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
7/11/2023 | $599,000 | -9.10% | Price Down |
8/10/2022 | $659,000 | | Listed Price |