20960 Maryland Highway Bloomington, MD $ 389,900
20960 Maryland Highway
$ 389,900
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20960 Maryland Highway

Bloomington, MD, 21523
$ 389,900
Baths0.0 Sq 8,352

Monthly Estimate*

$ 2,724

20960 Maryland Highway, Bloomington, MD 21523 - Image 1
20960 Maryland Highway, Bloomington, MD 21523 - Image 2
20960 Maryland Highway, Bloomington, MD 21523 - Image 3
20960 Maryland Highway, Bloomington, MD 21523 - Image 4
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20960 Maryland Highway, Bloomington, MD 21523 - Image 10
Studio

Commercial Property for sale in Bloomington, MD

for $389,900. This 8,352 square foot building was built in 1965 on a lot size of 1.25.

Exceptional Investment Opportunity! Explore this robust, all-brick currently vacant apartment complex located in the peaceful Sheppards Park Subdivision, nestled in the Bloomington area of Garrett County, Maryland, just west of the Allegany County border. This notable property encompasses a single tax parcel and boasts an apartment complex originally constructed in 1965. It features 13 units, including 11 two-bedroom, one-bath apartments, and two efficiency apartments, offering a diverse range of living options. Additionally, the complex provides ample private parking for tenants and visitors. Occupying a substantial 1.25 acres of land, this property represents a significant investment in a sought-after location. Strategically positioned just a 25-minute drive from the scenic Deep Creek Lake area, the property benefits from the driving economic force of the McHenry-Deep Creek Lake area, which experiences all four seasons. The nearby Wisp Ski Resort serves as a major employer during the winter months, while the lake itself offers a plethora of summertime recreational activities. Route 219, a crucial north/south route, provides easy access to Interstate-68 to the north, a major east/west transportation artery. The property is conveniently located two hours east of the Baltimore/Washington area, one hour west of Morgantown, West Virginia, and two hours north of Pittsburgh, Pennsylvania, making it an attractive option for those seeking both recreational activities and natural beauty, as well as easy access to major urban centers.

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Commercial Active

Price

$ 389,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,659

Style

Apartment Building

Lot Size

1.25

Year Built

1965

Town/City

Bloomington

County/Region

Garrett

MLS | Web ID

MDGA2006422

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Street Suffix HIGHWAY
Central Air Y/N N
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General
Sewer Private Sewer
Heating Baseboard - Electric
Cooling None
Possession Settlement
Zoning R003
Construction Materials Brick
Year Built 1965
Property SubType Five Or More Units
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility None
County GARRETT
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City BLOOMINGTON
Buyer Agent Compensation 3
Total Units 12
Lot Size Square Feet 54450.00
Waterfront Y/N N
Street Name MARYLAND
Tax Annual Amount 3659.0
Price Per Sq Ft 46.68
Vacation Rental Y/N N
Days on Market 102
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 8352.00
Lot Size Acres 1.25
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 31200.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 20960
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* Excluded Features
List By
Rg Realty, Inc.

Broker

roberto@rgrealtyinc.com

Email

Affordability Calculator

$3,028
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,724
Monthly Property Taxes
$305
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/6/2024$389,900 Listed Price

Map


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20960 Maryland Highway, Bloomington, MD, 21523 is a Commercial Property for sale at $389,900 with 8,352 sqft and a lot size of 1.25. 20960 Maryland Highway is a studio with 0.0 baths and was built in 1965. The property's zip code is 21523 which is in Bloomington, MD