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Building #1 19530 Garrett Hwy 7,200 SF 100% Leased Retail Building Oakland, MD 21550 $3,422,675 CAD ($475.37 CAD/SF)
Executive Summary
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!
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!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,200 SF
Building Class
C
Year Built
1988
Price
$3,422,675 CAD
Price Per SF
$475.37 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.17
Lot Size
1.00 AC
Zoning
M-1 - Commercial Use
Parking
10 Spaces (1.39 Spaces per 1,000 SF Leased)
Frontage
52’ on Garrett Hwy
Property Taxes
| Parcel Number | 18-051974 | Improvements Assessment | $440,019 CAD |
| Land Assessment | $929,599 CAD | Total Assessment | $1,369,618 CAD |
Property Taxes
Parcel Number
18-051974
Land Assessment
$929,599 CAD
Improvements Assessment
$440,019 CAD
Total Assessment
$1,369,618 CAD
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Building #1 | 19530 Garrett Hwy
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