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Ocean City,MD 21842
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 78,600 sqft
Price per Sqft $286
MLS Listing ID MDWO2023540
Originating Board BRIGHT
Year Built 1998
Annual Tax Amount $134,273
Tax Year 2024
Lot Size 1.028 Acres
Acres 1.03
Property Description
Lifetime opportunity to own a direct Oceanfront hotel on Ocean Cities famous Boardwalk. 89 total rooms. 47 direct Oceanfront. the balance of rooms/suites are ocean side and bayview. Renovations completed in Fall of 2023. 9th street and the boardwalk. Sale to also include a 110 seat turn key restaurant. Sale DOES NOT include any of the commercial stores on the boardwalk. Prequalification required for all showings. Call listing agent for any additional details and all showings.
Location
State MD
County Worcester
Area Direct Oceanfront (80)
Zoning C-1
Interior
Hot Water Electric
Heating Heat Pump(s),Hot Water
Cooling Central A/C
Flooring 3000+ PSI
Equipment None
Heat Source Electric
Exterior
Garage Spaces 90.0
Utilities Available Cable TV,Natural Gas Available,Phone Connected,Multiple Phone Lines
Waterfront Y
Water Access Y
View Ocean
Roof Type Metal
Street Surface Black Top,Paved
Accessibility None
Road Frontage City/County
Total Parking Spaces 90
Garage N
Building
Lot Description Additional Lot(s),Cleared
Foundation Block,Brick/Mortar,Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Tax ID 2410220580
Ownership Fee Simple
SqFt Source Estimated
Security Features 24 hour security,Desk in Lobby,Electric Alarm,Exterior Cameras
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard