12743 Garrett Hwy Oakland, MD 21550
- Strip malls
- 21,550 SF
- 0.79 lot acres
Current Use by Public Records
- Strip malls
Property Details for 12743 Garrett Hwy
- Year built
- 1982
- Construction
- BRICK
- Lot size
- 0.79 lot acres
- Property size
- 21,550 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 14-022392
- APU
- 14022392
Description
This exceptional investment opportunity presents a rare chance to acquire a prominent Oakland, MD commercial plaza. The property encompasses two income-producing buildings totaling over 21,550 square feet of leasable retail space, currently generating strong rental income. A highly profitable liquor store business is included in the sale, providing an immediate and established revenue stream. Financial statements for both the plaza and the liquor store are available upon request with a signed Non-Disclosure Agreement. Adding to the value proposition is approximately 0.79 acres of undeveloped land, offering significant potential for future expansion or development. A single-unit apartment is also part of the property, providing additional income potential or housing for on-site management. Located at 12743 Garrett Highway in Oakland, MD, this well-known plaza benefits from high visibility and strong local traffic. The property's size, diverse income streams, and development potential make it an attractive investment for both seasoned and emerging commercial real estate investors seeking a stable and growing portfolio. This is a turnkey operation with established tenants and a proven track record of profitability. The opportunity to acquire a well-established commercial plaza with additional land and a thriving liquor store business is truly unique and unlikely to be repeated. Serious inquiries only.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Oakland
- County
- Garrett
- State
- Maryland
- Longitude
- -79.3983
- Latitude
- 39.4221