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3 S 3rd Street, Oakland, MD 21550
$329,000
3 S 3rd Street, Oakland, MD 21550View this property at 3 S 3rd Street, Oakland, MD 21550
3 S 3rd StreetOaklandMD21550
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Property Description
Elegant multi-use property in downtown Oakland! Everyone recognizes this iconic location with a prime corner lot on Center St & Garrett Hwy/3rd St and located beside city hall. Fully renovated and restored, the first floor offers a classy and highly adaptable workspace ( 1500sf) with multiple offices, common areas & conference rooms. Upstairs, you will find a recently renovated 3BR, 2BA luxury apartment - currently generating $1,650/mth rental income. Gourmet kitchen, contemporary stylings with brick & hardwood accents - you may just want to live here full-time instead of renting it out. The wrap-around covered porch is a welcoming feature as you enter the building and also perfect for the Autumn Glory parade. Property is zoned commercial though could potentially be converted to other uses. Call for a private showing!
Full Property Details
Full Property Details for 3 S 3rd St
General
- Sold For: $329,000
- Taxes: $4,350 (2023)
- Status: Closed
- Type: Commercial
- MLS ID: MDGA2005632
- Added to Site: 272 day(s) ago
Business
- Business Type: Professional, Other
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 5
- Parking Type: Driveway
Location
- Municipality: Oakland
- County: Garrett
- Development Name: None Available
- Subdivision: None Available
- Driving Directions: Directly across from Pizza Hut & beside city hall in downtown Oakland
- City Limits: Yes
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Hot Water, Baseboard - Electric, Baseboard - Hot Water
- Heating Fuel: Electric, Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Roof: Architectural Shingle
- Stories/Levels: 0
- Year Built: 1938
- Year Built Source: Assessor
- Property Condition: Very Good
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.12
- Lot Size (Sq. Ft.): 5,227
- Lot Size Source: Assessor
- Zoning: C
Financial Considerations
- Price Per Sq. Ft.: $75.78
- Assessment Year: 2023
- City/TownTax: $1,252
- City/TownTax Freq: Annually
- County Tax: $3,098
- County Tax Freq: Annually
- Tax w/Assessment: $265,267
- Tax Amount: $4,350
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
Listed by Taylor Made Deep Creek Vacations & Sales, Jay L Ferguson
Sold by Taylor Made Deep Creek Vacations & Sales, Jay L Ferguson
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Schools
Schools serving 3 S 3rd St
School District:Garrett County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
607 Harvey Winters Dr, Oakland, MD 21550 | PK-5 | 1.5 mi | |
605 Harvey Winters Dr, Oakland, MD 21550 | 6-8 | 1.4 mi | |
345 Oakland Dr, Oakland, MD 21550 | 9-12 | 0.9 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 3 S 3rd St
Date
Details
Price
Change
Source
1/08/2024
Sold
$329,000
-17.73%
MLS
9/25/2023
Price Reduced
$399,900
-6.98%
MLS
8/17/2023
Listed
$429,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3 S 3rd Street, Oakland, MD 21550 (MLS# MDGA2005632) is a Commercial property that was sold at $329,000 on January 08, 2024. Want to learn more about 3 S 3rd Street? 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.