Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1969
Sq.Footage
2,940
"Rare Downtown Ocean City Hospitality Compound " Investors you'll love the scalability, multiple income streams and operational flexibility * Located in the heart of downtown Ocean City * This unique hospitality investment opportunity features three separate buildings offering multiple income streams, exceptional guest amenities and prime redevelopment potential in one of the East Coast's most desirable beach destinations * The main building operates as a motel positioned in a highly sought-after downtown location just moments, 1.5 blocks , from the beach, boardwalk, restaurants, nightlife and entertainment. Attached to the main structure is an amenity-focused building featuring a pool, tiki bar and dedicated parking area creating a resort-style atmosphere for guests and visitors alike * The West building includes six additional units along with supplemental parking offering expanded lodging capacity and operational flexibility for short term, seasonal, employee housing or boutique concepts.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Window Unit(s), Wall Unit(s), Electric
-
Heating YN
YES
-
Heating
Electric, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Block, Wood Siding, Other
-
Parking
Paved, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Features
Corner Lot
-
Lot Size(acres)
0.17
-
Lot Size(square feet)
7200.0
-
Property Type
Commercial Sale
Price
-
Sales Price
$1,900,000
-
Tax Amount
$6,785
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
OCEAN CITY
-
Middle School
BERLIN INTERMEDIATE SCHOOL
-
High School
STEPHEN DECATUR
Property Features
-
New Construction
NO
-
Sewer
Public Sewer
-
Tax Lot
15A
-
Water Source
Public
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Location
County
WORCESTER
Elementary School
OCEAN CITY
Middle School
BERLIN INTERMEDIATE SCHOOL
High School
STEPHEN DECATUR
Listing Courtesy of Grace Masten , Sea Grace @ North Beach Realtors
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AGENT
Cindy Wilhelm
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