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1210 Philadelphia Avenue, Ocean City, MD 21842

$2,900,000
  • 1210 Philadelphia Avenue, Ocean City, MD 21842 Main Photo

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BEDS0 BATHS MLS#MDWO2038400
STATUSACTIVE PROPERTY TYPECommercial - SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS

Property Description

"Rare Downtown Ocean City Hospitality Compound " Investors you'll love the scalability, multiple income streams and operational flexibility * Located in the heart of downtown Ocean City * This unique hospitality investment opportunity features three separate buildings offering multiple income streams, exceptional guest amenities and prime redevelopment potential in one of the East Coast's most desirable beach destinations * The main building operates as a motel positioned in a highly sought-after downtown location just moments, 1.5 blocks , from the beach, boardwalk, restaurants, nightlife and entertainment. Attached to the main structure is an amenity-focused building featuring a pool, tiki bar and dedicated parking area creating a resort-style atmosphere for guests and visitors alike * The West building includes six additional units along with supplemental parking offering expanded lodging capacity and operational flexibility for short term, seasonal, employee housing or boutique concepts.

1210 Philadelphia Avenue | MLS# MDWO2038400

This commercial property located at 1210 Philadelphia Avenue, Ocean City, MD 21842 is currently listed for sale with an asking price of $2,900,000. Philadelphia Avenue is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Ocean City real estate on online.themalloyteam.com today.

Property Features

Property Type: Commercial -
Cooling: Wall Unit, Window Unit(s)
Fuel Type: Electric
Lot Size: 0.25 Acres
Taxes: $19,194
Year Built: 1968

Feature Descriptions

Exterior: Combination, Wood Siding, Other
Lot Dimensions: 0.25 Acre(S)
Municipality: Ocean City
Parking Notes: Paved Parking, Private
Sewer: Public Sewer
Total Garage/Parking Spaces: 16
Units: 1
Utilities: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Water Available
Water: Public

Local Schools

High School: STEPHEN DECATUR
Middle School: BERLIN INTERMEDIATE SCHOOL
Elementary School: OCEAN CITY
School District: WORCESTER COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: Sea Grace @ North Beach Realtors
Agency Phone: 4102504433

Shown By

Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Agency Phone: +18003833535

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