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17848 Garrett Highway, Oakland, MD 21550
$2,100,000
17848 Garrett Highway, Oakland, MD 21550View this property at 17848 Garrett Highway, Oakland, MD 21550
17848 Garrett HighwayOaklandMD21550
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Property Description
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.
Full Property Details
Full Property Details for 17848 Garrett Hwy
General
- Price: $2,100,000
- Taxes: $5,681 (2024)
- Status: Active
- Type: Commercial
- MLS ID: MDGA2007238
- Updated: 5/22/2024
- Added to Site: 26 day(s) ago
Business
- Business Type: Hotel/Motel
Parking
- Total Spaces: 10
- Parking Type: Private Garage, Driveway, Parking Lot
Location
- County: Garrett
- Driving Directions: Rt 219 to corner of Rt 219 and Sandflat rd
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Wall Unit
- Cooling Fuel: Electric
- Heating Type: Forced Air, Wall Unit, Other
- Heating Fuel: Electric, Propane - Leased, Other
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well
Structural Information
- Construction: Stone
- Foundation: Block
- Roof: Architectural Shingle, Metal
- Stories/Levels: 0
- Year Built: 1963
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 5.77
- Lot Size (Sq. Ft.): 251,341
- Lot Size Source: Assessor
- Zoning: GC
Financial Considerations
- Price Per Sq. Ft.: $386.88
- Assessment Year: 2024
- County Tax: $5,681
- County Tax Freq: Annually
- Tax w/Assessment: $509,433
- Tax Amount: $5,681
- Tax Year: 2024
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
Listed by Jason Mitchell Group, Michael Cumerlato
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Schools
Schools serving 17848 Garrett Hwy
School District:Garrett County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
607 Harvey Winters Dr, Oakland, MD 21550 | PK-5 | 5 mi | |
605 Harvey Winters Dr, Oakland, MD 21550 | 6-8 | 5 mi | |
345 Oakland Dr, Oakland, MD 21550 | 9-12 | 5.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 17848 Garrett Hwy
Date
Details
Price
Change
Source
5/13/2024
Listed
$2,100,000
764.2%
MLS
3/31/2003
Sold
$243,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 17848 Garrett Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2023
$6,021
11%
$486,367
5%
2022
$5,411
-5%
$463,300
1%
2020
$5,714
-19%
$458,767
1%
2017
$7,078
35%
$454,233
3%
2019
$5,249
3%
$440,400
2%
2018
$5,096
3%
$431,100
2%
2017
$4,963
—
$421,800
—
2016
$4,963
—
$421,800
—
2015
$4,986
1%
$421,800
—
2014
$4,945
—
$421,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 17848 Garrett Hwy
17848 Garrett Highway, Oakland, MD 21550 (MLS# MDGA2007238) is a Commercial property. 17848 Garrett Highway is currently listed for $2,100,000 and was received on May 13, 2024. Want to learn more about 17848 Garrett Highway? Do you have questions about finding other Commercial real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.