20960 MARYLAND HWY Under Contract Save Request In-Person Tour Request Virtual Tour
Bloomington,MD 21523
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Under Contract
Purchase Type For Sale
Square Footage 8,352 sqft
Price per Sqft $46
MLS Listing ID MDGA2006422
Originating Board BRIGHT
Year Built 1965
Annual Tax Amount $3,659
Tax Year 2024
Lot Size 1.250 Acres
Acres 1.25
Property Description
Exceptional Investment Opportunity! Explore this robust, all-brick currently vacant apartment complex located in the peaceful Sheppards Park Subdivision, nestled in the Bloomington area of Garrett County, Maryland, just west of the Allegany County border. This notable property encompasses a single tax parcel and boasts an apartment complex originally constructed in 1965. It features 13 units, including 11 two-bedroom, one-bath apartments, and two efficiency apartments, offering a diverse range of living options. Additionally, the complex provides ample private parking for tenants and visitors. Occupying a substantial 1.25 acres of land, this property represents a significant investment in a sought-after location.
Strategically positioned just a 25-minute drive from the scenic Deep Creek Lake area, the property benefits from the driving economic force of the McHenry-Deep Creek Lake area, which experiences all four seasons. The nearby Wisp Ski Resort serves as a major employer during the winter months, while the lake itself offers a plethora of summertime recreational activities. Route 219, a crucial north/south route, provides easy access to Interstate-68 to the north, a major east/west transportation artery. The property is conveniently located two hours east of the Baltimore/Washington area, one hour west of Morgantown, West Virginia, and two hours north of Pittsburgh, Pennsylvania, making it an attractive option for those seeking both recreational activities and natural beauty, as well as easy access to major urban centers.
Location
State MD
County Garrett
Zoning R003
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Garage Spaces 14.0
Waterfront N
Water Access N
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 14
Garage N
Building
Sewer Private Sewer
Water Public
New Construction N
Schools
School District Garrett County Public Schools
Others
Tax ID 1204001478
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard