$450,000
$520,000
13.5%For more information regarding the value of a property, please contact us for a free consultation.
7,040 SqFt
SOLD DATE : 08/30/2024
Key Details
Sold Price $450,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 7,040 sqft
Price per Sqft $63
MLS Listing ID MDSO2003930
Sold Date 08/30/24
Originating Board BRIGHT
Year Built 1987
Annual Tax Amount $4,681
Tax Year 2024
Lot Size 7,500 Sqft
Acres 0.17
Lot Dimensions 0.00 x 0.00
Property Description
Back on the market, no fault of the seller! Commercial Listing: Crisfield’s iconic Captain Tyler Motel, a fully operational investment opportunity located right next to the Somers Cove Marina. The property sits just off West Main Street, the primary thoroughfare in the city of Crisfield, Maryland. Within close proximity to the marina and cruise boats to both Smith and Tangier Islands. Recently renovated, the two story exterior corridor motel has 19 total guest rooms; 3 king, 15 double, and 1 single with 2 of the rooms having handicap accessible features. Each comfortable guest room has been updated with new hardwood and luxury vinyl flooring including the convenience of both a microwave and mini fridge. The main office is spacious and inviting, boasting lovely tongue and groove wood vaulted ceilings. Do not miss out on this chance to own an iconic motel in a prime location, requiring minimal maintenance and upkeep allowing for ease of operation. Embrace the potential of this property and leverage its advantages to create a successful and rewarding business venture. Property tours are available by appointment only. Please contact the listing agent to schedule. Financial information available upon request.
Location
State MD
County Somerset
Area Somerset West Of Rt-13 (20-01)
Zoning C-2
Interior
Hot Water Electric
Heating Wall Unit
Cooling Wall Unit
Flooring Ceramic Tile, Luxury Vinyl Plank
Heat Source Electric
Exterior
Garage Spaces 15.0
Waterfront N
Water Access N
Roof Type Architectural Shingle,Metal
Street Surface Black Top
Accessibility 32\"+ wide Doors, Entry Slope <1', Level Entry - Main, Ramp - Main Level, Roll-in Shower
Parking Type On Street, Parking Lot
Total Parking Spaces 15
Garage N
Building
Lot Description Corner
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Carter G Woodson
Middle Schools Somerset 6-7
High Schools Crisfield Academy And
School District Somerset County Public Schools
Others
Tax ID 07-123205
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Desk in Lobby,Main Entrance Lock,Resident Manager,Smoke Detector
Acceptable Financing Cash, Conventional, Seller Financing
Listing Terms Cash, Conventional, Seller Financing
Financing Cash,Conventional,Seller Financing
Special Listing Condition Standard
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Bought with Michael Dunn • Keller Williams Realty Delmarva