813 ATLANTIC AVE #6 & 7 Active

Ocean City,MD 21842

$ 22500000

- Bed

- Bath

78600 SqFt


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

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