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sales rep | Brivity IDX

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202 Center St , Frostburg, MD 21532
$230,000
Est. Payment: $1,262.95/mo
2624 Sqft
0.19 Acres
Status: active | Days on site: 71
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GATES1 - 3116125
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House Description

Equipped bar, restaurant and redevelopment opportunity in Frostburg’s University Corridor! Currently operating as The Beach Club of Frostburg, this approximately 1,984-square-foot commercial property offers an established location serving both the local community and the Frostburg State University market. The bar is currently operational, while the restaurant and commercial kitchen areas are unused and ready for a new owner to reactivate or repurpose. The sale includes the real estate, existing bar and restaurant equipment, three walk-ins, three freezers, a large commercial refrigerator, and additional furnishings and fixtures. An existing staff is also in place, offering the potential for a smooth transition to new ownership. Previously utilized for restaurant and bar service, private parties, special events and student-night entertainment, the property offers multiple income and operating possibilities. Situated on approximately 0.20 acres and zoned C1 University Corridor/Mixed Use, the location may also present an opportunity for a developer to explore conversion into student rental units or another residential or mixed-use concept serving the nearby university market. Any redevelopment or change in use would be subject to applicable zoning, permitting, parking, building, fire and occupancy requirements. Whether reopening the restaurant, introducing a new hospitality concept or pursuing a student-housing or mixed-use redevelopment plan, this is a unique opportunity to acquire an equipped commercial property in the Frostburg market. Buyer to independently verify all zoning, permitted uses, redevelopment possibilities, licensing requirements, equipment and property information.

Highlights

Listed by Jared P Fradiska , 3017071097 Gates Realty , 2405808494. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.19

Year Built

1920

County

Allegany

Area

Frostburg - Allegany County (MDAL8)

School District

Allegany County Public Schools

Listing ID

MDAL2015782

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Interior Features

Air Cond:Central A/C
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Garage Capacity:10
Zoning:C1
Sewer:Public Sewer
Parking Features:On Street,Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$1,263
Taxes
$258

Home Price

$230,000

Loan Details

30 yrs
7.312%

Down Payment

20%
$46,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,262.95

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,262.95 $258.08 $0.00 $1,521.03
Yearly $15,155.42 $3,097.00 $0.00 $18,252.42
Total $454,662.50 $92,910.00 $0.00 $547,572.50
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Frostburg, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS