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116 E OAK STREETOAKLAND, MD 21550

Commercial · 0.57 Acres
$250,000 ACTIVE

116 E OAK STREET Overview

Time on Site:
31 days
Visits:
4

Commercially zoned 0.57 acre level building lot in downtown Oakland, MD. Conveniently located off E Oak St and Town Park Lane with easy access to local shops, restaurants, and businesses along S Second St and E Alder St. Public utilities available on-site. Great opportunity for commercial development in a central location! Call today for more information!

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116 E OAK STREET Facts & Features

  • Type Commercial
  • Lot 0.57 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Year Built: 1942

Business Information

  • Business Type: Other

Location/Region

  • Country: US
  • County: GARRETT
  • County Or Parish: GARRETT
  • In City Limits: Yes
  • Subdivision Name: OAKLAND

Parking Information

  • Total Parking Spaces: 0
  • Type of Parking: On Street,Parking Lot

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax: 241.00
  • City/Town Tax Payment Frequency: Annually
  • County Tax: 580.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $821.00
  • Tax Assessed Value: 51200.00
  • Tax Year: 2025

General Information

  • Municipal Trash: Yes
  • Property Sub Type: Land for Commercial Use
  • Property Type: Commercial Sale
  • School District Name: GARRETT COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: C

Interior

Building Information

  • Cooling Fuel: None
  • Heating Fuel: Natural Gas Available
  • Total Drive In Doors: 0

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Central Air: No
  • Hot Water: None

General Information

  • Accessibility Features: None
  • Cooling: None
  • Heating: None

Exterior

Building Information

  • Total Loading Docks: 0

Lot Information

  • Lot Features: Level
  • Lot Size Acres: 0.57
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 24829.00
  • Lot Size Units: Square Feet
  • Road Responsibility: City/County
  • Water Source: Public Hook-up Available

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Other

General Information

  • Sewer: Public Hook/Up Avail
  • Water Access: No

116 E OAK STREET Neighborhood

Community

21550 (OAKLAND) Demographics

47
Median Age
70
Population Density (per sq. mile)
32%
College Educated
$55,478
Estimated Median Income
4,874
Estimated Total Home Owners
1,269
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

116 E OAK STREET Monthly Cost

$
$ %
%
$
$
Alex Reilley
Kevin Schulthies
Our Website
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

116 E OAK STREET Market Data

Based on the last 30 days in this zip code

$673,720
Average List Price
$311
Average Price per Square Foot
20
Properties Sold
135
Average Days on Market
118
Properties for Sale
Calculations provided by Reliance Network

116 E OAK STREET History

Date Event Value Agent
5/30/2026Source: BRIGHT MLS Added to Database
May 30, 2026
Listing provided courtesy of Railey Realty, Inc.- MLS# MDGA2011988MLS ProviderContact Information: 3013872000