Renovated Limited-Service
For Sale
Contact for pricing
Pending
2541 Chestnut Ridge Rd, Grantsville, MD 21536
91-room interior-corridor hotel with recent renovations and a built-out restaurant space with commercial kitchen.
Property SizeContact for details
Days on Market538
Property Features for 2541 Chestnut Ridge Rd
General Information
Standard status
Pending
Property subtype
Hospitality
Listing Agency:
Marcus & Millichap - Washington, D.C.
Listed By:
David Wiener · License #VA 0225232581
Source:
Crexi
Added: Mar 13, 2025
Changed: Aug 31
Last Checked: Aug 31 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
The property is a 91-room, interior-corridor limited-service hotel on 3.99 acres in Grantsville, Maryland. Originally constructed as a full-service Holiday Inn, the asset underwent renovations from 2019 through 2023, including updates to guest rooms, bathrooms, carpeting, furnishings, lighting, artwork, window treatments, the lobby, breakfast area, and telephone systems. All guest rooms are described as rentable, and the hotel operates under the Comfort Inn brand affiliation.
The site is visible from Interstate 68, which carries 17,441 vehicles per day, and Chestnut Ridge Road, which carries 2,621 vehicles per day. The property is near the four-lane Route 219 / Flight 93 Memorial Highway connecting Interstate 68 with Interstate 76 and the Pennsylvania Turnpike, and is 30 miles from the Flight 93 Memorial in Shanksville, Pennsylvania.
A vacant restaurant area remains in place with a full commercial kitchen. The space can support a future restaurant operation or separate leasing strategy, subject to applicable approvals and agreements.
The site is visible from Interstate 68, which carries 17,441 vehicles per day, and Chestnut Ridge Road, which carries 2,621 vehicles per day. The property is near the four-lane Route 219 / Flight 93 Memorial Highway connecting Interstate 68 with Interstate 76 and the Pennsylvania Turnpike, and is 30 miles from the Flight 93 Memorial in Shanksville, Pennsylvania.
A vacant restaurant area remains in place with a full commercial kitchen. The space can support a future restaurant operation or separate leasing strategy, subject to applicable approvals and agreements.
Key Highlights
- 91‑room hotel on 3.99 acres
- Interior‑corridor limited‑service configuration
- Renovations completed from 2019‑2023
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
70
Businesses Nearby
Explore this area
Business Placement
Demographics for 21536, MD
4,029
Population
1,742
Households
2.3
Avg Household Size
47
Median Age
21%
College-Educated
87%
High-School Grad
97.9 sq mi
ZIP Area
41
Density / Sq Mi
$69,677
Median Household Income
$35,809
Median Earnings
$649
Median Rent
$202,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - 91-room interior-corridor hotel with recent renovations and a built-out restaurant space with commercial kitchen.
Where is this hotel located?
The property is located at 2541 Chestnut Ridge Rd Grantsville, MD.
What are key features of this property?
This property features: 91‑room hotel on 3.99 acres; Interior‑corridor limited‑service configuration; Renovations completed from 2019‑2023
