Golf Course
Address
2 Blue Hill Road Hancock, MD
Price
$ 750,000
Property Attributes
- MLS#MDWA172932
- TypeCommercial
- CountyWASHINGTON
- CityHancock
- Zip21750
- StyleHotel/Motel
- Year Built1953
- Taxes9524
- Price$ 750,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9750
- Lot Size3.07 Acres
Listing Provided Courtesy Of:
Bay View Realty
Property Description
Price Reduction ..for quick sale.... 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 | 202 |
| Electric | Other |
| Heating | Other |
| New Construction | No |
| Ownership | Fee Simple |
| Parking Features | Paved Parking |
| Possession | Settlement |
| Price Per Sq Ft | 76.92 |
| Property SubType | Five Or More Units |
| Property Type | Commercial Sale |
| Real Estate Owned Y/N | No |
| Security Features | Desk in Lobby, Monitored |
| Sewer | Public Sewer |
| Tax Annual Amount | 9524.0 |
| Tax Lot | 1-5 |
| Tax Year | 2020 |
| 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 |
| Lot Size Square Feet | 133729.00 |
| Navigable Water Y/N | No |
| 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
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 21750
Price
Taxes
Visits
Year Built
Walkscore
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