Golf Course
Address
2 Blue Hill Road Hancock, MD
Price
$ 850,000
Property Attributes
  • MLS#MDWA172932
  • TypeCommercial
  • CountyWASHINGTON
  • CityHancock
  • Zip21750
  • StyleHotel/Motel
  • Year Built1953
  • Taxes$ 9524
  • Price$ 850,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9750
  • Lot Size3.07 Acres
Listing Provided Courtesy Of:
Bay View Realty
Data Source:
Bright MLS - 382 - MD
Property Description

Back on Market! Buyer couldn't perform. Hancock Commercial complex consists of 3 buildings : Motel , Café/Restaurant and Main building ( needs a total rehab and can be converted into medical spa/bed and breakfast/ offices Hancock Motel ( former American Best Value Inn), was founded 3 years ago and is located in Hancock, Washington County, Maryland, the Borderlines with Pennsylvania state and West Virginia state. Great opportunity to own this 19-room motel that features: 25 parking spots with an option to add 10 additional spots. 70% room occupancy Thursday-Sunday and during bike season. UPGRADED locks, flat screen TVs, Furniture and Mattresses. COMPLIMENTARY hair dryer, toiletries, microwave, cable channels. AVAILABLE continental breakfast each morning for motel guests in the cafe. The main building includes: 4 Bedrooms, 2 Full Bathrooms and Kitchen on Main Level; 4 Bedrooms, 5 Full Bathrooms and Kitchen on Upper Level; 2 Bedrooms, 1 Full Bathroom and Laundry on Lower Level. CONVENIENTLY located within driving distance to major attractions. Considering a US INVESTMENT VISA? Hancock Motel is EB5 opportunity by investing $900,000 and creating 10 full time positions for workers in the United States. Potential income by adding a medical spa, mini-golf, smart store, paintball field, restaurant and many more. Main building potential rent income is 42,000 per year. The owners live onsite , but if the future owner is not planning to live there, they can rent the main building and have an additional income.

Price History
7/7/2020 Listed $950,000
9/12/2020 8% - $875,000
10/2/2020 15% - $750,000

General Features

Accessibility Other
Business Type Hotel/Motel
Construction Materials Other
Cool Fuel Other
Cooling Other
County WASHINGTON
Days on Market 287
Electric Other
Heating Other
Lot Size Square Feet 133729.00
Municipality Hancock
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 87.18
Property SubType Five Or More Units
Property Type Commercial Sale
Security Features Desk in Lobby, Monitored
Sewer Public Sewer
Tax Annual Amount 9524.0
Tax Lot 1-5
Tax Year 2021
Total Units 19
Utilities Cable TV
Vacation Rental Y/N No
Water Access Y/N No
Zoning U

Interior Features

Central Air Y/N No
Entry Level 1
Heating Fuel Other
Heating Y/N Yes
Hot Water Other

Exterior Features

Building Area Total 9750.00
Car Parking Spaces 25
Lot Size Acres 3.07
Lot Size Source Assessor
Navigable Water Y/N No
Parking Features Paved Parking
Total Parking Spaces 25
Type of Parking Parking Lot, Other
Water Oriented Y/N No
Water Source Other
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21750

Price
AVG $430K
$850K
Taxes
AVG $4,214
$9,524
Visits
AVG 192
524
Year Built
AVG 1929
1953
Walkscore
AVG 27
33
Data Provided by Walkscore ® not using MLS data

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