19530 Garrett Hwy - Freestanding FOR SALE


Oakland, MD 21550
$2,500,000 USD
800-544-2425
19530 Garrett Hwy, Oakland, MD for Sale
$2,500,000 USD
Freestanding - FOR SALE
1/29
null | Request Cap Rate

19530 Garrett Hwy
Oakland, MD 21550


OVERVIEW

6.6 Acres zoned Town Center TC. Two 2 Commercial Buildings 81'x50' & 64'x50' 3- Existing Leases totaling $84,000 + annually gross rental income. Leases on Bright Documents. Prime Commercial Location at Deep Creek Lake! A rare opportunity positioned at the high-visibility corner of Rt. 219 & Glendale Road—one of the most traveled intersections in the Deep Creek Lake market. This property features two commercial buildings, 81'x50' & 64'x50' both currently leased providing immediate rental income and stability. Additional income from Cellular Tower Lease and Billboard. Situated on 6.6 acres zoned TC – Town Center, the site allows for a wide array of approved commercial uses including restaurant, motel/hotel, convenience store/gas station, retail, and more. With valuable State Highway access, this location delivers exceptional visibility, traffic flow, and commercial potential. Ample acreage allows for future expansion or redevelopment, making this an ideal investment for both current income and long-term growth. Excellent commercial exposure and endless possibilities at Deep Creek Lake’s core business hub!

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$769 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building #1

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

M-1

APN/PARCEL ID

18-051974

ASK ABOUT THIS PROPERTY

Rich OrrRailey RealtyMore Info
800-544-2425

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Rich OrrRailey RealtyMore Info
800-544-2425

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.