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Pending

1501 Maryland Hwy

1501 Maryland Hwy, Oakland, MD 21550

$400,000
Riverside Suites offers 12 rooms and an additional 1BR, 1BA apartment with kitchen and garage! Two of the 12 rooms have been renovated with a third room under construction for renovations to be completed. The apartment offers its own electric and can be rented separately from the hotel, creating multiple income opportunities. Excellent exposure from Maryland Highway creates opportunity for strong occupancy rates. Paved Driveway. ADA Compliant room on main level. Front desk is open 7 days per week. Looking for your next investment opportunity? Call today to schedule a private showing! Riverside Grill and additional 2.82 acre commercial lot also for sale separately or together. Lots of opportunities with this property!

4,608 Sq.Ft. LIVING AREA

0.93 Acres lot

Nick Fratz-Orr

Nick Fratz-Orr

Features & Amenities

Interior

  • APPLIANCES Electric Water Heater

Area & Lot

  • Status Pending
  • Living Area4,608 Sq.Ft.
  • Lot Area0.93 Acres
  • MLS® IDMDGA2008470
  • TypeCommercial
  • YEAR BUILT1998

Exterior

  • water SourcePublic
  • roofMetal
  • HEAT TYPEElectric
  • sewerPublic Sewer

Financial

  • Sales Price$400,000
  • Real Estate Tax $5,224/yr
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Schedule a Showing

I would love to show you my beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 1501 Maryland Hwy, Oakland, MD 21550. We are reviewing your request and will be in touch shortly!

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If you or anyone you know could benefit from my real estate services, please contact me directly. I would be happy to speak with you to discuss how I may benefit you and help you achieve your real estate goals.

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