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1501 Maryland Highway

OAKLAND, MD 21550
  • $400,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: MDGA2008470
UPDATED: 22 min ago
$400,000
  • 0
    BEDS
  • 0.93
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1998
County:

School Ratings & Info

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!

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©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-01-20T12:53:27.82.
www.deepcreeksales.com/homes/159072383
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1501 Maryland Highway OAKLAND, MD 21550

  • Price: $400,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 22 min ago
  • ID#: MDGA2008470
0
Beds
0
Baths
0
½ Baths
0.93
Acres
1998
Built
County:
Garrett
School District:
Garrett County Public Schools
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!
Exterior Features

Construction Materials Block Garage YN No Parking Features Paved Parking Parking Types Parking Lot Roof Metal Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4608.00 Cooling Ductless/Mini-SplitWall Unit Heating Wall UnitHeat Pump(s) Heating YN Yes Net Square Feet 4608.00

Property Features

Acceptable Financing CashConventionalOther Accessibility Features Level Entry - Main Central Air YN No Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Electric Municipality Mt Lake Park Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 803467234388 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 5224.00 Vacation Rental YN No Water Source Public Zoning C

Listing courtesy of Railey Realty, Inc.: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Taylor-Made Deep Creek Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-01-20T12:53:27.82.
 
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Taylor-Made Deep Creek Real Estate
35 Towne Centre Way
McHenry MD, 21541