1501 Maryland Hwy, Oakland, MD 21550 | Closed

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  • (0)
  • 1 Units
  • Unknown Sq Ft
  • 40,511 Sq Ft
  • Unknown Cap Rate
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Description

Riverside Suites offers 12 rooms and an additional 1BR, 1BA apartment with kitchen and garage! Two of the 12 rooms have been renovated with a third room under construction for renovations to be completed. The apartment offers its own electric and can be rented separately from the hotel, creating multiple income opportunities. Excellent exposure from Maryland Highway creates opportunity for strong occupancy rates. Paved Driveway. ADA Compliant room on main level. Front desk is open 7 days per week. Looking for your next investment opportunity? Call today to schedule a private showing! Riverside Grill and additional 2.82 acre commercial lot also for sale separately or together. Lots of opportunities with this property!

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $400,000
Property Type Other
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1998
Last Sold May 01, 2025
Sold Price 250,000
APN # 1216016535
MLS # MDGA2008470
Property ID 321143465
Lot Sqft 40,511
Zoning C
Total Units 1
Date Updated May 06, 2025
Date Created December 28, 2024

Financials not available online. Please inquire with your agent for more details.

Listing Provided By

Nick Fratz-Orr an agent of . Lic #657206


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Data last updated: January 01, 2026.
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