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    2 Blue Hill Road

    HANCOCK, MD 21750
    • $750,000
    • STATUS: Active
    • ON SITE: 113 days
    • ID#: MDWA172932
    UPDATED: 21 min ago
    $750,000
    • 0
      BEDS
    • 3.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1953
    County:

    School Ratings & Info

    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.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Redux Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-29T17:52:25.917.
    dmv.thereduxgroup.com/homes/107561788
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    2 Blue Hill Road HANCOCK, MD 21750

    • Price: $750,000
    • Status: Active
    • Updated: 21 min ago
    • ID#: MDWA172932
    0
    Beds
    0
    Baths
    0
    ½ Baths
    3.07
    Acres
    1953
    Built
    County:
    Washington
    School District:
    Washington County Public Schools
    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.
    Exterior Features

    Construction Materials Other Garage YN No Parking Features Paved Parking Parking Types Parking LotOther Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 9750.00 Cooling Other Heating Other Heating YN Yes Net Square Feet 9750.00 Security Features Desk in LobbyMonitored

    Property Features

    Accessibility Features Other Assessment Year 2020 Association YN No Business Type Hotel/Motel Central Air YN No Cooling Fuel Other Electric Other Entry Level 1 Heating Fuel Other Hot Water Other Incorporated City Name Hancock Lease Considered YN No Navigable Water YN N New Construction YN No Number Of Units Total 19 Original MLSNumber 304169939291 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 8841.00 Tax Assessment Amount 654600.00 Tax Lot 1-5 Utilities Cable Tv Vacation Rental YN No Water Source Other Zoning U

    Listing courtesy of Bay View Realty.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Redux Group | Keller Williams. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-29T17:52:25.917.
     
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