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Key Details
Sold Price $10,500,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 33,974 sqft
Price per Sqft $309
Subdivision None Available
MLS Listing ID 1001536854
Sold Date 05/08/18
HOA Y/N N
Originating Board CAR
Year Built 1965
Lot Size 0.697 Acres
Acres 0.73
Lot Dimensions 180x100x138x149x56x250
Property Description
Sale of Atlantic Oceanfront Inn. Map 0113, Grid, 0009, Parcels 7276/7277/7326. Excellent mid town location. Property is located between 45th & 46th Streets. Access from both streets. 60 Unit Hotel Building w/outdoor pool & outdoor seating area. 30 Ocean Front units, 30 Ocean View units. Excellent rental numbers. All furniture, fixtures & equipment convey. Recent and ongoing capital improvements will make hotel ready to open mid May 2018 with no undue expenditures needed on the part of new owner/operator.
Location
State MD
County Worcester
Area Direct Oceanfront (80)
Interior
Heating Other
Cooling Window Unit(s)
Flooring Carpet, Tile/Brick
Exterior
Water Access Y
View Ocean, Water
Street Surface US Highway/Interstate
Road Frontage Public
Garage N
Building
Foundation Slab, Pilings
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Worcester County Public Schools
Others
Tax ID 068096
Ownership Fee Simple
SqFt Source Estimated
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Bought with Eric Van Orden • Keller Williams Realty of Delmarva-OC
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