Property Details

4901 51 Street
Peace, MD (GP214656)

$449,900
4,832 ft²
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Description

Have you ever thought of owning your own business? Here is a great opportunity to own a turn-key motel that has so much potential. This well cared for property is conveniently located close to amenities and just off the main hwy in Grimshaw. This Motel is located on a huge 23,338 sq ft parcel currently has 15 units plus a suite and offers a variety of options with ample parking in the oversized gravel parking lot. There are currently 2 units with Kitchenettes, Eight 2-bedroom units and five 1-bedroom units. This motel could easily be converted to long term rentals and has potential to make 11 suited units with kitchens. There is also a house located directly beside the motel that is for sale as well and is currently operating as an on site 24 hr live in office. GP214657. And a house beside that for sale built on a double lot. GP214658 meaning you could own 6 lots with and 3 separate properties. Check out this great opportunity today!

Property details

MLS® #
GP214656
Price
$449,900
Subdivision:
Grimshaw
Sale/Lease:
Sale
Type:
Hospitality
Size:
4,832 sq.ft.
Site Influences:
Gravel Yard, High Traffic Location, Highway Access, Public Parking, Shopping Nearby, Visual Exposure
Utilities:
Cable, Electricity, Natural Gas, Telephone
Listing Office:
Grassroots Realty Group Ltd.
Your Realtor
  • Ruben Marin

    REALTOR®
    Grassroots Realty Group Ltd.

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