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Key Details
Sold Price $5,200,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID MDWO2003470
Sold Date 03/01/22
Originating Board BRIGHT
Year Built 1970
Annual Tax Amount $846
Tax Year 2021
Lot Dimensions 0.00 x 0.00
Property Description
Tremendous opportunity to own a incredibly well run family motel just off the famous Ocean City Boardwalk. Property consists of a 38 room motel which includes 16 with kitchens. Ample private parking, Brand new Beach themed food truck concept with food and drink service. New roof will be installed within the next 30 days on the main building. Private office, private laundry facilities. Call listing agent for private showing.
Location
State MD
County Worcester
Area Bayside Interior (83)
Zoning R-2
Interior
Hot Water Electric
Heating Space Heater
Cooling Multi Units
Flooring Carpet
Heat Source Electric
Exterior
Garage Spaces 40.0
Utilities Available Cable TV, Natural Gas Available
Water Access N
Roof Type Architectural Shingle
Street Surface Black Top,Paved
Accessibility None
Road Frontage City/County
Total Parking Spaces 40
Garage N
Building
Lot Description Landscaping, Cleared
Foundation Block
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 10-034574
Ownership Fee Simple
SqFt Source Assessor
Security Features 24 hour security,Desk in Lobby,Exterior Cameras,Smoke Detector,Sprinkler System - Indoor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Ken Church • Coldwell Banker Bud Church Realty,Inc.
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