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Key Details
Sold Price $3,300,000
Property Type Commercial
Sub Type Services
Listing Status Sold
Purchase Type For Sale
Square Footage 8,488 sqft
Price per Sqft $388
Subdivision None Available
MLS Listing ID 1001558698
Sold Date 04/19/21
HOA Y/N N
Originating Board CAR
Year Built 1963
Annual Tax Amount $16,925
Tax Year 2018
Lot Dimensions 154*100*153*100
Property Description
Unique opportunity to own a 36 room boutique motel in downtown Ocean City! Plenty of offstreet parking and an existing office on premises.Just one block from the beach and the World Famous Ocean City Boardwalk. Nestled between 2nd and 3rd streets, you are steps from the optimal Ocean City experience in every direction! Dining, entertainment, amusement parks, shopping and of course the Atlantic Ocean! Call listing agent for more details and listing agent must accompany all showings. Take advantage of the tax breaks this property has as it is located in The Opportunity Zone District.
Location
State MD
County Worcester
Area Ocean Block (82)
Zoning COMMER
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Wall Unit
Heat Source Electric
Exterior
Water Access N
Roof Type Architectural Shingle,Metal
Accessibility None
Road Frontage Public
Garage N
Building
Lot Description Cleared
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Worcester County Public Schools
Others
Tax ID 030625
Ownership Other
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Financing Cash,Other
Special Listing Condition Standard
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Bought with Kevin E Decker • Coastal Life Realty Group LLC
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