Bought with Jonathan D Bell • Railey Realty, Inc.
$1,450,000
$1,700,000
14.7%For more information regarding the value of a property, please contact us for a free consultation.
17848 GARRETT HWY Oakland, MD 21550
5.77 Acres Lot
Key Details
Sold Price $1,450,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDGA2011286
Sold Date 07/31/26
Year Built 1963
Annual Tax Amount $6,028
Tax Year 2025
Lot Size 5.770 Acres
Acres 5.77
Property Sub-Type Five Or More Units
Source BRIGHT
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.
Location
State MD
County Garrett
Zoning C
Interior
Hot Water Electric
Heating Forced Air, Wall Unit
Cooling Central A/C, Multi Units
Flooring Carpet, Ceramic Tile, Concrete, Vinyl
Heat Source Propane - Leased, Electric
Exterior
Garage Spaces 20.0
Water Access N
View Mountain, Street
Roof Type Metal
Street Surface Black Top
Accessibility Level Entry - Main
Road Frontage State
Total Parking Spaces 20
Garage N
Building
Lot Description Backs - Open Common Area, Backs to Trees, Premium, Rear Yard, Road Frontage, SideYard(s), Subdivision Possible, Year Round Access
Foundation Slab
Sewer Public Sewer
Water Well
New Construction N
Schools
School District Garrett County Public Schools
Others
Tax ID 1207003196
Ownership Fee Simple
Special Listing Condition Standard
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