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Commercial Storefront in Oakland, MD
For Sale
$275,000

5423 GORMAN Road, Oakland, MD 21550

Commercial Sale - OAKLAND, MD

Property SizeContact for details
Lot Size1.93 Acres
Days on Market217

Property Features for 5423 GORMAN Road

General Information

Property type Other
Property subtype Retail
Parking 9
Parking features Parking Lot
Elementary school district GARRETT COUNTY PUBLIC SCHOOLS
Middle school district GARRETT COUNTY PUBLIC SCHOOLS
High school district GARRETT COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 1.93 Acres

Taxes and HOA fees

Tax Annual Amount 880

Utilities

Heating system Other (Heating)
Cooling system Ductless

Building Details

Year built 2021
Number of units 1
Building materials Frame
Listing Agency: Taylor-Made Deep Creek Sales
Listed By: Elizabeth S Spiker Holcomb · License #518606
Added: Jan 4 Changed: Jun 19 Last Checked: Aug 9 at 5:06AM
MLS# MDGA2010906

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This charming storefront in Oakland, MD, presents a unique investment opportunity for establishing a business within the community. The property features road frontage, ample parking, and a level lot. With a manageable size, the property offers various possibilities for a prospective business. The lot size is 1.93 acres.

Key Highlights

  • Discount of $25,000 if contract reached by June 1, 2026
  • Road frontage and ample parking
  • Built in 2021

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 21550, MD

13,499
Population
8,395
Households
1.6
Avg Household Size
47
Median Age
26%
College-Educated
90%
High-School Grad
205.5 sq mi
ZIP Area
66
Density / Sq Mi
$65,302
Median Household Income
$39,255
Median Earnings
$724
Median Rent
$210,300
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Charming storefront for sale with road frontage and parking.
Where is this storefront property located?
The property is located at 5423 GORMAN Road Oakland, MD.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Discount of $25,000 if contract reached by June 1, 2026; Road frontage and ample parking; Built in 2021
More about this property
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