Address
203-9th Street /805Philadelphia Ave/804 St Louis Avenue Ocean City, MD
Price
$ 5,500,000
Property Attributes
  • MLS#MDWO2003470
  • TypeCommercial
  • CountyWORCESTER
  • CityOcean City
  • AreaBayside Interior
  • Zip21842
  • StyleApartment Building,Hotel/Motel,Restaurant/Bar
  • Year Built1970
  • Taxes$ 24712
  • Price$ 5,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Coldwell Banker/Bud Church Rea
Data Source:
Bright MLS - 382 - MD
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.

Price History
11/8/2021 Listed $5,500,000

General Features

Acceptable Financing Cash, Conventional
Accessibility None
Building Name NONE AVAILABLE
Business Type Apartment Building, Hotel/Motel, Restaurant/Bar
Construction Materials Stick Built
Cool Fuel Electric
Cooling Multi Units
County WORCESTER
Days on Market 22
Electric 150 Amps
Flooring Carpet
Heating Space Heater
Historic Y/N No
Legal Subdivision PARROT LAGOON MIAMI BEACH MOTE
Lot Size Square Feet 0.00
MLS Area Bayside Interior (83)
Municipality Ocean City
New Construction No
Ownership Fee Simple
Possession 0-30 Days CD
Property SubType Five Or More Units
Property Type Commercial Sale
Property Use Investment
PropertyCondition Very Good
Roof Architectural Shingle
Security Features 24 hour security, Desk in Lobby, Exterior Cameras, Smoke Detector, Sprinkler System - Indoor
Sewer Public Sewer
Tax Annual Amount 24712.0
Tax Year 2021
Total Units 38
Utilities Cable TV, Natural Gas Available
Vacation Rental Y/N No
Water Access Y/N No
Zoning R-2

Interior Features

Central Air Y/N No
Heating Fuel Electric
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 0.00
Car Parking Spaces 40
Fencing Y/n Yes
Foundation Details Block
Inclusions All furniture.
Lot Dimensions 0.00 x 0.00
Lot Features Landscaping, Cleared
Lot Size Acres 0.00
Lot Size Source Assessor
Navigable Water Y/N No
Parking Features Paved Parking, Private
Road Responsibility City/County
Road Surface Type Black Top, Paved
Soil Types Unknown
Total Parking Spaces 40
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 21842

Price
AVG $2.57M
$5.5M
Taxes
AVG $23,223
$24,712
Visits
AVG 63
1
Year Built
AVG 1976
1970
Walkscore
AVG 49
59
Data Provided by Walkscore ® not using MLS data

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