Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1900
Sq.Footage
5,328
Located in the heart of Oakland, Maryland, this mixed-use commercial property presents an excellent opportunity for investors or owner-operators seeking both immediate income and future upside. The property consists of a street-level retail/commercial storefront and four residential apartment units. Currently, three of the four apartments are occupied, providing immediate rental income, while the commercial storefront is vacant and ready for a new tenant or owner-user. The vacant retail space offers significant value-add potential, allowing a buyer to establish their own business, lease the space to a commercial tenant, or reposition the property to maximize cash flow. With residential income already in place, the property provides a strong foundation while offering additional upside through lease-up of the commercial space and the remaining apartment. Property Highlights: * Mixed-use investment property * Street-level commercial storefront * Four residential apartments * Three apartments currently occupied * One apartment available for lease or occupancy * Commercial space currently vacant * Immediate rental income with additional upside potential * Located in Oakland, Maryland near local businesses, schools, and services * Opportunity for owner-user or investor Whether you’re looking to expand your investment portfolio, establish a business location with supplemental rental income, or capitalize on a value-add opportunity, this property offers flexibility, income, and long-term potential in Garrett County. Schedule your private tour today and explore the possibilities this unique mixed-use property has to offer.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
None, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Other
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Vinyl Siding
-
Parking
Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.14
-
Lot Size(square feet)
6,000
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$439,000
-
Tax Amount
$4,948
-
Sq. Footage
5,328
-
Price/SqFt
$82
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
GARRETT
Elementary School
Middle School
High School
Listing Courtesy of Michael Cumerlato, Jason Mitchell Group
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Salesperson, Realtor
Candice Hutslar
Call Candice today to schedule a private showing.
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