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1501 Maryland Hwy

$400,000

1501 Maryland Hwy, Oakland, Md 21550

Active
Last Updated: 02/08/2025

4,608 sqft

Building Size

1998

Year Built

Details:
Building Size:    4,608 sqft
Year Built:    1998
Price Per Sqft:    $86.81
Zoning:    C
Roof:    Metal
Highlights:
  • Days on Market: 42
  • Parking Features: Paved Parking
  • Heating: Wall Unit, Heat Pump(s)
Description:

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!

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