17848 Garrett Hwy, Oakland, MD 21550
- $1,700,000
- List Price
- $1,700,000
- Days on Market
- 103
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- MDGA2011286
- Lot Size (Acres)
- 5.77
- Year Built
- 1963
- County
- Garrett
- School District
- Garrett County Public Schools
Property Description
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.
Additional Information
- Taxes
- $6028
- School District
- Garrett County Public Schools
- Flooring
- Carpet, Ceramic Tile, Concrete, Vinyl
- View
- Mountain, Street
- Heating
- Forced Air, Wall Unit
- Heating Fuel
- Propane - Leased, Electric
- Cooling
- Central A/C, Multi Units
- Roof
- Metal
- Water
- Well
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Railey Realty, Inc.. Contact: