Homes for sale - 1501 MARYLAND HWY, Oakland, MD 21550

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Josue Ruiz

Samson Properties

josh@realtorforvirginia.com +1(703) 975-0021

$ 400,000

Est. payment | -/mo

4,608 SqFt

Save

$ 400,000

Est. payment | -/mo

Save

4,608 SqFt

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 4,608 sqft

Price per Sqft $86

MLS Listing ID MDGA2008470

Originating Board BRIGHT

Year Built 1998

Annual Tax Amount $5,224

Tax Year 2024

Lot Size 0.930 Acres

Acres 0.93

Property Description

Riverside Suites offers 12 rooms and an additional 1BR, 1BA apartment with kitchen and garage! Two of the 12 rooms have been renovated with a third room under construction for renovations to be completed. The apartment offers its own electric and can be rented separately from the hotel, creating multiple income opportunities. Excellent exposure from Maryland Highway creates opportunity for strong occupancy rates. Paved Driveway. ADA Compliant room on main level. Front desk is open 7 days per week. Looking for your next investment opportunity? Call today to schedule a private showing! Riverside Grill and additional 2.82 acre commercial lot also for sale separately or together. Lots of opportunities with this property!

Location

State MD

County Garrett

Zoning C

Interior

Hot Water Electric

Heating Wall Unit, Heat Pump(s)

Cooling Ductless/Mini-Split, Wall Unit

Heat Source Electric

Exterior

Garage Spaces 13.0

Water Access N

Roof Type Metal

Accessibility Level Entry - Main

Total Parking Spaces 13

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Garrett County Public Schools

Others

Tax ID 1216016535

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

Listed by Nick Fratz-Orr • Railey Realty, Inc.

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(703) 975-0021

josh@realtorforvirginia.com

14291 Park Meadow Drive Suite 500, Chantilly, VA, 20151

1501 MARYLAND HWY Oakland, MD 21550