701 W Main Street, Crisfield, MD, MD 21817

$450,000
Sold Price
$450,000
List Price
$520,000
Closing Date
Aug 30, 2024
Days on Market
166
Status
CLOSED
Type
Commercial
MLS#
MDSO2003930
Lot Size (Acres)
0.17
Year Built
1987
County
Somerset
School District
Somerset County Public Schools

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.

Additional Information

Area
Somerset West of Rt-13 (20-01)
Taxes
$4681.52
Stories
2
Elementary School
Carter G Woodson
Middle School
Somerset 6-7
High School
Crisfield Academy And
Flooring
Ceramic Tile, Luxury Vinyl Plank
Heating
Wall Unit
Cooling
Wall Unit
Roof
Architectural Shingle, Metal
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Wilson Realty. Contact: (410) 968-1882

Selling Office: .