5423 Gorman Road Oakland, MD ^$ 275,000

5423 Gorman Road

^$ 275,000

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Recently Listed

5423 Gorman Road

Oakland, MD, 21550

^$ 275,000

Bedrooms-- Baths-- Sq 720

Monthly Estimate*

^$ 1,693

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Commercial Property for sale in Oakland, MD

for $275,000. This 720 square foot building was built in 2021 on a lot size of 1.93.

Charming store offers a unique investment opportunity for someone seeking to own a piece of the community while running a business. With a manageable size and endless possibilities this property is just waiting on you to open your dream business. Offers road frontage and plenty of parking and a nice level lot.

Commercial Active

Price

^$ 275,000

Property Type

Commercial

Taxes

^$ 880

Style

General Retail

Lot Size

1.93

Year Built

2021

Town/City

Oakland

County/Region

Garrett

MLS | Web ID

MDGA2010906

Features

Interior

Heating Fuel Electric

Flooring Laminated

Hot Water Electric

Heating Y/N Y

Central Air Y/N N

General

Sewer Septic Exists

Heating Wall Unit

Cooling Ductless/Mini-Split

Possession Settlement

Zoning C

Construction Materials Frame

Year Built 2021

Property Subtype Retail

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Business Type Other/General Retail

Accessibility Ramp - Main Level

County GARRETT

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Garrett Highway South left on Sand Flat Road right on Rt 135 left on Gorman Road store is located on the right.

City OAKLAND

Number Of Units Total 1

Lot Size Units Square Feet

Lot Size Square Feet 84071.00

Tax Annual Amount 880.0

Property Condition Very Good

Price Per Sq Ft Total AG 381.94

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Exterior

Lot Features Backs to Trees

Water Source Well

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 720.00

Lot Size Acres 1.93

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 31800.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 5423

* Excluded Features

List By

Taylor Made Deep Creek Vacations & Sales

Broker

betsy@deepcreeksales.com

Affordability Calculator

$1,767

Per Month

Monthly Principal & Interest: $1,693
Monthly Property Taxes: $73
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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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Nearby

Trends
Schools

Commerical listings in Oakland, MD

Average List Price ^$1,494,280

Percent of Sale Price 443%

About Oakland, MD

1,854 Population

-11% Since 2002

^$36,239 Median Income

46.74 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/4/2026	$275,000		Listed Price

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5423 Gorman Road, Oakland, MD, 21550 is a Commercial Property for sale at $275,000 with 720 sqft and a lot size of 1.93. 5423 Gorman Road was built in 2021. The property's zip code is 21550 which is in Oakland, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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5423 Gorman Road

Commercial Property for sale in Oakland, MD

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