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About the Listing JMGRP1 - 3083238
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.
Listing Highlights
Status
Active
Days on Site
134
Property Type
Commercial Sale
MLS ®
MDGA2011080
Year Built
1900
Total Square Footage
5,328
Lot/Acreage
0.14
County
Garrett
School District
Garrett County Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 11
- Zoning: C
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $4,948
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
401 Dave Turney St Oakland, MD 21550
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