17848 Garrett Highway Oakland, MD $ 1,700,000
17848 Garrett Highway
$ 1,700,000
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17848 Garrett Highway

Oakland, MD, 21550
$ 1,700,000
Bedrooms-- Baths-- Sq 6,477

Monthly Estimate*

$ 10,467

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View a Virtual Tour

Commercial Property for sale in Oakland, MD

for $1,700,000. This 6,477 square foot building was built in 1963 on a lot size of 5.77.

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 Lakes year-round recreation. The property includes a beautifully kept 3-bedroom, 1.5-bath owners 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 potentialideal 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.

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Commercial Active

Price

$ 1,700,000

Property Type

Commercial

Taxes

$ 6,028

Style

Hotel/Motel

Lot Size

5.77

Year Built

1963

Town/City

Oakland

County/Region

Garrett

MLS | Web ID

MDGA2011286

Features
Interior
Heating Fuel Propane - Leased Electric
Flooring Carpet Ceramic Tile Concrete Vinyl
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
Entry Level 1
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General
Sewer Public Sewer
Heating Forced Air Wall Unit
Cooling Central A/C Multi Units
Possession Coin w/Sell Sett
Roof Metal
Zoning C
Construction Materials Stone Asphalt Cement Siding
Year Built 1963
View Mountain Street
Topography Level & gentle slope
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Gross Income 320000.00
Business Type Hotel/Motel
Accessibility Level Entry - Main
County GARRETT
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Automotive Bar/Tavern/Lounge Barber/Beauty Bed & Breakfast Beer/Wine/Liquor Car Wash Commercial Convenience Store Development Financial Florist/Nursery Food & Beverage F
Water Access Y/N N
Status ACTIVE
Directions 17848 Garrett Highway
City OAKLAND
Disclosures Agent Related to Owner Exempt - Disclosure/Disclaimer
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 251341.00
Tax Annual Amount 6028.0
Property Condition Very Good
Price Per Sq Ft Total AG 313.19
Vacation Rental Y/N N
Virtual Tour https://my.matterport.com/show/?m=FVL8mtUjGZy&mls=1
Location Type Business District
Standard Status Active
Year Built Source Assessor
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Exterior
Parking Features Lighted Parking Paved Parking Private
Lot Features Backs - Open Common Area Backs to Trees Premium Rear Yard Road Frontage SideYard(s) Subdivision Possible Year Round Access
Water Source Well
Inclusions See inclusions List
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 5428.00
Lot Size Acres 5.77
Road Surface Type Black Top
Lot Size Source Assessor
Waterfront Y/N N
Road Responsibility State
Land Assessed Value 145600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 17848
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* Excluded Features
List By
Railey Realty, Inc.

Broker

lucas@railey.com

Email

Affordability Calculator

$10,970
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,467
Monthly Property Taxes
$502
Monthly 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/11/2026$1,700,000 Listed Price

Map


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17848 Garrett Highway, Oakland, MD, 21550 is a Commercial Property for sale at $1,700,000 with 6,477 sqft and a lot size of 5.77. 17848 Garrett Highway was built in 1963. The property's zip code is 21550 which is in Oakland, MD