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Key Details
Sold Price $4,600,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 12,420 sqft
Price per Sqft $370
MLS Listing ID MDWO2011570
Sold Date 03/27/23
Originating Board BRIGHT
Year Built 1966
Annual Tax Amount $37,009
Tax Year 2022
Lot Size 1.323 Acres
Acres 1.32
Lot Dimensions 0.00 x 0.00
Property Description
Very rare opportunity. Massive development potential. Or operate as it has since being built in 1966 as Ocean Lanes bowling center. This property consists of 2 parcels: 41,375sq ft and a 2nd parcel of 16,250 sq ft. The larger parcel consists of fully operating Bowling alley, law office, and a 2br owners apartment. The parcel fronting coastal highway is currenlty leased to OCM crab business. All offers must honer the current lease. Total square footage of both parcles 57,625. Approximate building size of both buildings 16,200+- Call for details.
Location
State MD
County Worcester
Area Bayside Interior (83)
Zoning LC-1
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring 3000+ PSI
Heat Source Electric
Exterior
Garage Spaces 125.0
Utilities Available Cable TV Available, Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available
Water Access N
View Bay
Roof Type Flat
Street Surface Black Top
Accessibility None
Road Frontage Public
Total Parking Spaces 125
Garage N
Building
Lot Description 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 2410292557
Ownership Fee Simple
SqFt Source Estimated
Security Features 24 hour security,Carbon Monoxide Detector(s),Electric Alarm,Main Entrance Lock,Security System
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.