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1222 National Highway, Lavale, MD 21502

$2,000,000
  • 1222 National Highway, Lavale, MD 21502 Main Photo

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New to the Market
BEDS0 BATHS MLS#MDAL2016334
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLALLEGANY COUNTY PUBLIC SCHOOLS

Property Description

Established in 1996 and serving the Western Maryland community for 30 years, Texas Grillhouse presents an exceptional opportunity to acquire an established restaurant business AND the real estate it occupies! Offered at $2,000,000, this comprehensive sale includes approximately 1.36 acres, a 3,165-square-foot restaurant building, the operating business, equipment and associated business assets. Located at 1222 National Highway in LaVale, Maryland, Texas Grillhouse offers seating for approximately 147 guests indoors and an additional 36 outdoors. Just minutes from Frostburg State University and approximately 40 minutes from Deep Creek Lake, the restaurant is conveniently positioned to serve local residents, university students and visitors, and travelers heading to one of Maryland's most popular vacation destinations. 60 parking spaces including 3 handicapped spaces and a level entry for ADA compliance. For an experienced restaurant operator, this is an opportunity to acquire an existing operation with 30 years of history, established dining facilities, equipment and operational infrastructure already in place. For an entrepreneur or investor, the combination of commercial real estate and an operating business offers flexibility to continue the existing concept or explore future possibilities, subject to applicable approvals. The offering includes both the restaurant business, owned by Texas GrillHouse Inc., and the real estate, owned by LaVale Properties Inc., allowing a purchaser to acquire the complete operation and property together. Business and financial information will be made available to qualified purchasers following execution of a confidentiality agreement. Showings are by appointment only. Please do not approach employees or interrupt restaurant operations. Call today for your private showing.

1222 National Highway | MLS# MDAL2016334

This commercial property located at 1222 National Highway, Lavale, MD 21502 is currently listed for sale with an asking price of $2,000,000. National Highway is located within the ALLEGANY COUNTY PUBLIC SCHOOLS school district. Search Lavale real estate on www.gintergroup.com today.

Property Features

Property Type: Commercial -
Cooling: Central A/C
Fuel Type: Electric
Heating: 90% Forced Air
Lot Size: 1.36 Acres
Taxes: $11,258
Year Built: 1996

Feature Descriptions

Accessibility: Level Entry - Main
Exterior: Stucco
Lot Dimensions: 1.36 Acre(S)
Sewer: Public Sewer
Total Garage/Parking Spaces: 65
Units: 1
Water: Public

Local Schools

School District: ALLEGANY COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: The KW Collective
Agency Phone: 4435741600

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