17012 Mcmullen Hwy Sw, Cumberland, MD 21502

$575,000

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List Price: $575,000
Price Change: ▼ $75,000 1784582650
Days on Market: 128
Status: ACTIVE
MLS#: MDAL2014224
Lot Size (Acres): 1.69
Year Built: 2000
County: Allegany
School District: Allegany County Public Schools

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Property Description

DIPLOMAT INN - TURNKEY INVESTMENT OPPORTUNITY WITH OWNER'S RESIDENCE. STRATEGICALLY LOCATED BETWEEN CUMBERLAND AND KEYSER, THIS CORRIDOR SEES REGULAR COMMUTER, COMMERCIAL AND RECREATIONAL TRAFFIC - PROVIDING A BUILT-IN CUSTOMER BASE AND STRONG VISIBILITY. THIS PROPERTY FEATURES 16 GUEST ROOMS PLUS ATTACHED 4 BEDROOM, 2.5 BATH HOME - PERFECT FOR AN OWNER/OPERATOR OR ON-SITE MANAGER. EXCELLENT ROAD FRONTAGE AND AMPLE PARKING AND EASY ACCESS. THIS PROPERTY LENDS ITSELF TO A WIDE RANGE OF CREATIVE AND INCOME-PRODUCING USES INCLUDING TRADITIONAL MOTEL/BOUTIQUE ROADSIDE INN, EXTENDED-STAY OR WORKFORCE HOUSING, SHORT-TERM RENTAL CONVERSION (AIRBNB STYLE UNITS), CONTRACT HOUSING (TRAVEL NURSES, CONSTRUCTION CREWS, UTILITY WORKERS), TRANSITIONAL HOUSING OR ASSISTED LIVING CONVERSION, OUTDOOR RECREATION HUB (TARGETING HUNTERS, ANGLERS, AND CYCLISTS), BED & BREAKFAST WITH OWNER OCCUPANCY, CORPORATE OR GOVERNMENT LODGING CONTRACTS OR MIXED-USE REDEVELOPMENT. UNLIMITED POSSIBILITIES FOR THIS APPROX 1.69 ACRE COMMERCIAL PARCEL ON A HIGH-VISIBILITY, HIGH-TRAFFIC STATE HIGHWAY.

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