17848 Garrett Highway Oakland, MD $ 2,100,000
17848 Garrett Highway
$ 2,100,000
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17848 Garrett Highway

Oakland, MD, 21550
$ 2,100,000
Baths0.0 Sq 5,428

Monthly Estimate*

$ 14,669

17848 Garrett Highway, Oakland, MD 21550 - Image 1
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17848 Garrett Highway, Oakland, MD 21550 - Image 10
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Studio

Commercial Property for sale in Oakland, MD

for $2,100,000. This 5,428 square foot building was built in 1963 on a lot size of 5.77.

Garrett Inn Motel is being offered for sale. This adorable owner run motel consist of 10 rooms and 2 homes. This Rt. 219 fronting property is located only 2 miles from the heart of Deep Creek Lake and 5 from Oakland. Centrally located to expand operations to mimic the very popular Sunset Village or Blue Moon Rising. With the almost 6 acres of ground that is zoned General Commercial is affords you the oppurtunity to add several units (14-20) depending on the design and County approval. This property is already connected to Public sewer and has the ability to add a community water syetem (approval by the County and State) to accommodate expansion. Contact the Listing agent to go over all the possible uses and business this property allows.

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Commercial Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,782

Style

Hotel/Motel

Lot Size

5.77

Year Built

1963

Town/City

Oakland

County/Region

Garrett

MLS | Web ID

MDGA2007238

Features
Interior
Heating Fuel Electric Propane - Leased Other
Hot Water Electric
Heating Y/N Y
Street Suffix HIGHWAY
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air Wall Unit Other
Cooling Central A/C Wall Unit
Possession 31-60 Days CD
Roof Architectural Shingle Metal
Zoning GC
Construction Materials Stone
Year Built 1963
Electric 200+ Amp Service
Property SubType Other
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Hotel/Motel
Accessibility Level Entry - Main
County GARRETT
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Rt 219 to corner of Rt 219 and Sandflat rd
City OAKLAND
Buyer Agent Compensation 2.5
Total Units 3
Lot Size Square Feet 251341.00
Waterfront Y/N N
Street Name GARRETT
Tax Annual Amount 5782.0
Price Per Sq Ft 386.88
Acceptable Financing Cash Conventional Other
Lease Considered Y/N N
Vacation Rental Y/N N
Virtual Tour https://www.dropbox.com/scl/fi/brxxlgcr7scp1p00kvr6m/DJI_0026.MP4?rlkey=ihjngzgyyqs4pbg88ckixei7q&dl=0
Days on Market 3
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Well
Type of Parking Private Garage Driveway Parking Lot
Foundation Details Block
Water View Y/N N
Building Area Total 5428.00
Lot Size Acres 5.77
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 145600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 17848
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* Excluded Features
List By
Jason Mitchell Group

Broker

mcumerlato@jasonmitchellgroup.com

Email

Affordability Calculator

$15,151
Per Month
97%
3%
0%
Monthly Principal & Interest
$14,669
Monthly Property Taxes
$482
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2024$2,100,000 Listed Price

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17848 Garrett Highway, Oakland, MD, 21550 is a Commercial Property for sale at $2,100,000 with 5,428 sqft and a lot size of 5.77. 17848 Garrett Highway is a studio with 0.0 baths and was built in 1963. The property's zip code is 21550 which is in Oakland, MD