Oakland, MD Real Estate Search

Oakland, MD Commercial Homes for Sale

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Newest Oakland, MD Commercial Properties for Sale

$1,700,000
Prime Commercial Opportunity – The Garrett Inn 5.76 Commercial Acres Near Deep Creek Lake! Exceptional commercial investment opportunity featuring The Garrett Inn, a well-established and immaculately maintained 10 Room motel property just minutes from Deep Creek Lake’s year-round recreation. The property includes a beautifully kept 3-bedroom, 1.5-bath owner’s residence (could also be rented out if the new buyer's do not need to live on property) and attached motel office, offering a spacious kitchen, dining area, and lower-level family room. The residence connects directly to 10 spacious motel guest rooms. Each tastefully decorated and fully equipped with large TVs, mini-refrigerators, coffee makers, and full-size bathrooms. The motel enjoys over 80% occupancy, reflecting its strong reputation and consistent demand. Guests benefit from a centrally located ice and refreshment room, while the property also features a separate 2-bedroom 1-bathroom rental cottage for additional income. Situated on 5.76 acres, the property offers approximately 4 acres of undeveloped land behind the motel, creating outstanding commercial expansion potential—ideal for short-term rental cabins, additional motel units, storage units or potential lot development (subject to local zoning approvals). Additional features include two detached garage/storage buildings and a highly convenient location with restaurants and shopping directly across the street. A rare opportunity to own an established hospitality property with strong income, expansion potential, and prime access to Deep Creek Lake attractions.

17848 Garrett Hwy, Oakland

Listing courtesy of Railey Realty, Inc.. Contact:

$439,000
Located in the heart of Oakland, Maryland, this mixed-use commercial property presents an excellent opportunity for investors or owner-operators seeking both immediate income and future upside. The property consists of a street-level retail/commercial storefront and four residential apartment units. Currently, three of the four apartments are occupied, providing immediate rental income, while the commercial storefront is vacant and ready for a new tenant or owner-user. The vacant retail space offers significant value-add potential, allowing a buyer to establish their own business, lease the space to a commercial tenant, or reposition the property to maximize cash flow. With residential income already in place, the property provides a strong foundation while offering additional upside through lease-up of the commercial space and the remaining apartment. Property Highlights: * Mixed-use investment property * Street-level commercial storefront * Four residential apartments * Three apartments currently occupied * One apartment available for lease or occupancy * Commercial space currently vacant * Immediate rental income with additional upside potential * Located in Oakland, Maryland near local businesses, schools, and services * Opportunity for owner-user or investor Whether you’re looking to expand your investment portfolio, establish a business location with supplemental rental income, or capitalize on a value-add opportunity, this property offers flexibility, income, and long-term potential in Garrett County. Schedule your private tour today and explore the possibilities this unique mixed-use property has to offer.

401 Dave Turney St, Oakland

Listing courtesy of Jason Mitchell Group. Contact: 4105335486

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