$400,000
( $86.81Per Sq Foot )
 $2,147 est/mo Sourced by Back At You

1501 Maryland Hwy , Oakland, MD 21550

Oakland, MD 21550

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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!

Details

MLS#MDGA2008470
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1998
Days On Site23
Listing Provided ByRailey Realty, Inc. | Nick Fratz-Orr

Features

SQ Feet4,608
ZoningC
Acreage0.93

Market Activity 21550

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Listings Checked: 3 minutes ago
StateMD
CountyGarrett
CityOakland
Zip Code21550
School DistrictGarrett County Public Schools
Listing VS Median (in 21550)
Price:
$400,000
low | high
Med:
$549,900
12.525% of Average
SqFt:
4,608
low | high
Med:
5,000
41.493055555556% of Average
$ / SqFt:
$87
low | high
Med:
$110
23.30304% of Average
On Site:
23
low | high
Med:
605.000000
3.801652892562% of Average
Sourced by Back At You
Listing Updated: January 13, 2025 at 11:01:34 PM PST