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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDGA2010848
Year Built 1990
Annual Tax Amount $13,000
Tax Year 2024
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
The Black Bear Restaurant – Deep Creek Lake, Maryland
A rare opportunity to own one of Deep Creek Lake's most recognizable commercial properties. The Black Bear Restaurant, totaling approximately 11,000 square feet, is strategically located in the heart of Deep Creek Lake, just minutes from Wisp Ski Resort, year-round recreation, lodging, and high visitor traffic.
Property Highlights
±11,000 SF commercial building
Highly visible, central Deep Creek Lake location
Flexible layout capable of housing multiple businesses (restaurant, retail, entertainment, office, or mixed-use concepts)
Strong year-round traffic from lake tourism, ski season, and local residents
Close proximity to Wisp Ski Resort, hotels, vacation rentals, and major attractions
Ample parking and excellent access
Value-Add & Expansion Potential
Ideal for redevelopment or repositioning into multiple income-producing tenants
Tesla / EV charging stations possible, adding future-forward value and increased traffic
Perfect for a flagship restaurant, brewery, retail hub, or entertainment venue
Large footprint allows for creative concepts and adaptive reuse
Financing Opportunity
Owner financing available, providing flexibility and an easier path to acquisition for qualified buyers
Investment Appeal
Deep Creek Lake continues to see strong growth as a four-season destination, making this property well-suited for investors, operators, or developers seeking long-term upside in a high-demand resort market.
Location
State MD
County Garrett
Zoning COMMERCIAL
Interior
Hot Water Electric
Cooling Central A/C
Heat Source Propane - Leased
Exterior
Garage Spaces 52.0
Utilities Available Cable TV, Under Ground
Water Access N
Roof Type Metal
Accessibility 2+ Access Exits
Total Parking Spaces 52
Garage N
Building
Sewer Grinder Pump
Water Public
New Construction N
Schools
School District Garrett County Public Schools
Others
Tax ID NO TAX RECORD
Ownership Condominium
Acceptable Financing Cash, Seller Financing, Bank Portfolio
Listing Terms Cash, Seller Financing, Bank Portfolio
Financing Cash,Seller Financing,Bank Portfolio
Special Listing Condition Standard
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