17848 Garrett Hwy, Oakland, MD 21550

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Sold Price
$1,450,000
List Price
$1,700,000
Closing Date
Jul 31, 2026
Status
CLOSED
MLS#
MDGA2011286
Lot Size (Acres)
5.77
Year Built
1963
County
Garrett
School District
Garrett County Public Schools

Property Description

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 Lake’s year-round recreation. The property includes a beautifully kept 3-bedroom, 1.5-bath owner’s 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 potential—ideal 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.

Additional Information

School District
Garrett County Public Schools
Flooring
Carpet, Tile, Concrete, Vinyl
View
Mountain(s), Street
Heating
Forced Air, Wall Furnace
Cooling
Central Air, Multi Units
Roof
Metal
Water
Well
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Railey Realty, Inc.. Contact:

Selling Office: Railey Realty, Inc..