2 BLUE HILL ROAD Hancock, MD $ 875,000
2 BLUE HILL ROAD
$ 875,000
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2 BLUE HILL ROAD

Hancock, MD, 21750
$ 875,000
Bedrooms-- Baths0.0 Sq 9,750

Monthly Estimate*

$ 4,172

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Commercial Property for sale in Hancock, MD

for $875,000. This 9,750 square foot building was built in 1953 on a lot size of 3.07 Acre(s).

~Hancock Motel~ ( former American Best Value Inn), was founded 3 years ago and is located in Hancock, Washington County, Maryland, the Borderlines with Pennsylvania state and West Virginia state. Great opportunity to own this 19-room motel that features: 25 parking spots with an option to add 10 additional spots. 70% room occupancy Thursday-Sunday and during bike season. UPGRADED locks, flat screen TVs, Furniture and Mattresses. COMPLIMENTARY hair dryer, toiletries, microwave, cable channels. AVAILABLE continental breakfast each morning for motel guests in the cafe. The main building includes: 4 Bedrooms, 2 Full Bathrooms and Kitchen on Main Level; 4 Bedrooms, 5 Full Bathrooms and Kitchen on Upper Level; 2 Bedrooms, 1 Full Bathroom and Laundry on Lower Level.CONVENIENTLY located within driving distance to major attractions.Considering a US INVESTMENT VISA? Hancock Motel is EB5 opportunity by investing $900, 000 and creating 10 full time positions for workers in the United States. Potential income by adding a medical spa, mini-golf, smart store, paintball field, restaurant and many more.Main building potential rent income is 42, 000 per year. The owners live onsite , but if the future owner is not planning to live there, they can rent the main building and have an additional income.

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Commercial Active

Price

$ 875,000

Property Type

Commercial

Taxes

$ 8,841

Style

5+ Family

Lot Size

3.07 Acre(s)

Year Built

1953

Town/City

Hancock

County/Region

Washington

MLS | Web ID

MDWA172932

Features
Interior
Sewer Public Sewer
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Exterior
Parking 1-20 Assigned Parking Spaces Parking Lot Paved
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Miscellaneous
Utilities TV-Cable
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* Excluded Features
List By
Bay View Realty

Broker

Affordability Calculator

$4,909
Per Month
85%
15%
0%
Monthly Principal & Interest
$4,172
Monthly Property Taxes
$737
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 3.99% 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
WASHINGTON COUNTY PUBLIC SCHOOLS School District
Pricing History
DatePricePrice ChangeDescription
9/11/2020$875,000 -7.89% Price Down
7/7/2020$950,000 Listed Price

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2 BLUE HILL ROAD, Hancock, MD, 21750 is a Commercial Property for sale at $875,000 with 9,750 sqft and a lot size of 3.07 Acre(s). 2 BLUE HILL ROAD has 0.0 baths and was built in 1953. The property's zip code is 21750 which is in Hancock, MD