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$1,600,000

  • For Sale
  • Active
  • Commercial
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Garrett Inn is being offered for sale on appx 1+/- acre for $1,600,000.00 this beautifully maintained motel with 10 guest rooms and attached 3 bedroom living quarters is centrally located in the heart of Garrett County, MD and Deep Creek Lake. This income generating property easily cash flows at this sales price and all financials are available with a NDA. The adjoining acreage zoned Commercial is being offered at $575,000.00 and offers 4+/- acres that has a non-conforming home on it that could be used as a office for a rental community. This parcel of land has many uses that can be confirmed by zoning. Contact the listing agent for your private tour.

Full Property Details for 17848 Garrett Hwy

General

  • Price: $1,600,000
  • Taxes: $5,950 (2024)
  • Status: Active
  • Type: Commercial
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDGA2007238
  • Updated: 9/19/2024
  • Added to Site: 247 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.: $294.77
  • Assessment Year: 2024
  • County Tax: $5,950
  • County Tax Freq: Annually
  • Tax w/Assessment: $509,433
  • Tax Amount: $5,950
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Jason Mitchell Group, Michael Cumerlato

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Listing agent

— 17848 Garrett Hwy —

  • Michael Cumerlato

    Jason Mitchell Group

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 17848 Garrett Hwy

School District:Garrett County Public Schools
RatingNameGradesDistance
7
Broad Ford Elementary School
607 Harvey Winters Dr, Oakland, MD 21550
PK-55 mi
6
Southern Middle School, Oakland, MD
605 Harvey Winters Dr, Oakland, MD 21550
6-85 mi
6
Southern Garrett High School
345 Oakland Dr, Oakland, MD 21550
9-125.9 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 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/11/2024
Price Reduced
$1,600,000
-23.81%
MLS
5/13/2024
Listed
$2,100,000
764.2%
MLS
3/31/2003
Sold
$243,000
—
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 17848 Garrett Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,256
4%
$509,433
5%
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
—
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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with our affiliated lender
NMLS#: 1598647

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Listed by Jason Mitchell Group, Michael Cumerlato

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17848 Garrett Highway, Oakland, MD 21550 (MLS# MDGA2007238) is a Commercial property. 17848 Garrett Highway is currently listed for $1,600,000 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.

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