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$225,000 -$50,000 (-18.18%) Price Reduced

  • For Sale
  • Active
  • Retail
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Charming store offers a unique investment opportunity for someone seeking to own a piece of the community while running a business. With a manageable size and endless possibilities this property is just waiting on you to open your dream business. Offers road frontage and plenty of parking and a nice level lot. Seller will discount the sales price by $25,000 if an acceptable contract is reached by June 1, 2026!

Full Property Details for 5423 Gorman Rd

General

  • Price: $225,000
  • Taxes: $880 (2025)
  • Status: Active
  • Type: Retail
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDGA2010906
  • Updated: 10/7/2026
  • Added to Site: 278 day(s) ago

Business

  • Business Type: Other/General Retail

Interior

  • Flooring: Laminated

Parking

  • Total Spaces: 9
  • Parking Type: Parking Lot

Location

  • County: GARRETT
  • Driving Directions: Garrett Highway South, left on Sand Flat Road, right on Rt 135, left on Gorman Road, store is located on the right.

Heating & Cooling

  • Cooling Type: Ductless/Mini-Split
  • Cooling Fuel: Electric
  • Heating Type: Wall Unit
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Septic Exists
  • Water: Well

Structural Information

  • Construction: Frame
  • Building Size: 720
  • Year Built: 2021
  • Year Built Source: Assessor
  • Property Condition: Very Good

Unit Information

  • # Tenants: Single
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 1.93
  • Lot Size (Sq. Ft.): 84,071
  • Lot Size Source: Assessor
  • Zoning: C
  • Lot Description: Backs to Trees

Financial Considerations

  • Price Per Sq. Ft.: $312.5
  • Assessment Year: 2025
  • County Tax: $880
  • County Tax Freq: Annually
  • Tax w/Assessment: $77,700
  • Tax Amount: $880
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Taylor-Made Deep Creek Sales, Elizabeth S Spiker Holcomb

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Listing agent

— 5423 Gorman Rd —

  • Elizabeth S Spiker Holcomb

    Taylor-Made Deep Creek Sales

Listing Office Email: terah@deepcreeksales.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5423 Gorman Rd

School District:Garrett County Public Schools
NameGradesDistance
Yough Glades Elementary School
70 Wolf Acres Drive, Oakland, MD 21550
PK-53.7 mi
Swan Meadow School
6709 Garrett Highway, Oakland, MD 21550
1-84.9 mi
Southern Middle School, Oakland, MD
605 Harvey Winters Drive, Oakland, MD 21550
6-84.3 mi
Southern Garrett High School
345 Oakland Drive, Oakland, MD 21550
9-123.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5423 Gorman Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/07/2026
Price Reduced
$225,000
-18.18%
MLS
1/04/2026
Listed
$275,000
819.73%
MLS
11/18/2019
Sold
$29,900
—
Public Record
Get Price Alerts and Save Property
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 for 5423 Gorman Rd

Year
Property Taxes
Change
Tax Assessment
Change
2026
$936
—
$78,767
1%
2025
$940
1%
$77,700
4%
2024
$929
4%
$74,433
5%
2023
$891
12%
$71,167
5%
2022
$793
129%
$67,900
1%
2020
$347
-54%
$67,433
24%
2020
$757
-12%
$54,500
188%
2017
$858
19%
$18,900
-65%
2019
$721
—
$54,500
—
2018
$721
-8%
$54,500
-9%
2014
$780
—
$59,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Taylor-Made Deep Creek Sales, Elizabeth S Spiker Holcomb

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5423 Gorman Road, Oakland, MD 21550 (MLS# MDGA2010906) is a Retail property. 5423 Gorman Road is currently listed for $225,000 and was received on January 04, 2026. Want to learn more about 5423 Gorman Road? Do you have questions about finding other Retail real estate for sale in Oakland? You can browse all Oakland real estate or contact a Coldwell Banker agent to request more information.

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