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Key Details
Sold Price $2,900,000
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Sold
Purchase Type For Sale
Square Footage 13,860 sqft
Price per Sqft $209
MLS Listing ID MDWO116396
Sold Date 11/16/20
HOA Y/N N
Originating Board BRIGHT
Year Built 1940
Annual Tax Amount $14,894
Tax Year 2020
Lot Size 4.350 Acres
Acres 4.35
Lot Dimensions 0.00 x 0.00
Property Description
Tremendous opportunity to own one of West Ocean Cities most unique locations. Located just off Rt 50 with tremendous exposure to Rt 50 as well as being direct waterfront Herring Creek. This amazing property consists of 4.7 acres of commercial land, includes 2 separate motel buildings with a total of 35 units. In addition there are a total of 17 individual cottages which are mainly rented on a weekly basis but can also be rented on a nightly basis. This property is direct waterfront on Herring creek, It's waterfront border consists of 330 ft which the owners have recently installed a 210 ft recreational dock with am aluminum floating pier. In addition to the paddle boards, kayak's and canoes, there is a large swimming pool, many barbecue grills, basketball, volleyball and horseshoe facilities. All this is located with a 5 minute drive to Ocean City, 5 minutes drive to the famous West Ocean City harbor and 10 minute drive to Assateague Island, Not to mention all the incredible restaurants our are has to offer. Owned and operated by the same family in excess of 50 years, this property surely shows its tremendous pride of ownership. Call listing agent for all showing and further details.
Location
State MD
County Worcester
Area West Ocean City (85)
Zoning C2
Interior
Hot Water Electric
Heating Wall Unit
Cooling Ceiling Fan(s), Wall Unit
Flooring Concrete, Tile/Brick, Wood
Heat Source Electric
Exterior
Garage Spaces 75.0
Utilities Available Cable TV
Water Access Y
View Creek/Stream
Roof Type Architectural Shingle,Metal
Street Surface Black Top
Accessibility None
Road Frontage State
Total Parking Spaces 75
Garage N
Building
Lot Description Backs - Parkland, Backs to Trees, Landscaping, Non-Tidal Wetland, Rip-Rapped, Stream/Creek, Tidal Wetland
Foundation Block
Sewer Public Sewer, Other
Water Well
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 10-010187
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s)
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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