OCEAN CITY Maryland Real Estate Properties For Sale

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14101 COASTAL HIGHWAY, OCEAN CITY, Maryland
MLS #: 1002345626
0 Bedrooms
0 Bathrooms
0 Half Bathroom
Dwelling Type: Retail
Area: Bayside Interior (83)
Status:
Year Built: 1977

Price: $3,950,000

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HUGE PRICE REDUCTION! PRICED BELOW ASSESSED VALUE WHICH IS $5,197,800 FOR THE BUILDING AND THE LOTS! Exceptional opportunity to continue as a restaurant location or redevelop or convert the building to other uses. Hotel, Condominiums or Retail. Three lots have a total of 85,405 sf of land. Lot A 26 Condos or 56 Hotel Rooms. Lot B 47 Condos or 99 Hotel Rooms. Lot C 4 Condos or 14 Hotel Rooms. The current building seats 625 and there are a total of 140 parking space PLUS ample street parking. Current building could be converted to retail with 12,000 sf of public space and 4,500 sf of storage space. Plus there is storage and employee housing on the second floor. Gross square footage is 23,535+/-.


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Property Details

Address: 14101 COASTAL HIGHWAY OCEAN CITY , MD 21842
County: WORCESTER
MLS#: 1002345626
MLS Area: Bayside Interior (83)
Property Sub-Type: Retail
Waterfront:
Waterview:
Pool:
Garage Type/Spaces: Parking Lot / 0.00
Year Built: 1977
New Construction:
County/Dist #/Acct #: / /
Map/Grid/Parcel: / /
List Price: $3,950,000
List Price Sqft:
Dwelling Sq. Footage:
Lot SqFt: 85405.00
Lot Acres: 1.96
Zoning Code:
Annual St/Cnty Tax: $26,232
Annual City Tax: $14,627
Annual Rental Fee:
Bedrooms: 0
Full Baths: 0
Half Baths: 0
Elementary School: OCEAN CITY
Middle School: STEPHEN DECATUR
High School: STEPHEN DECATUR
Dwelling Floors:
Historic District:
Annual Condo Fee: $0
Annual HOA Fee: $0
Annual Rental Fee:
Annual Sewer Fee: $0
Annual Trash Fee: $0
Annual Water Fee: $0
Building Name:
Fed Flood Ins Avail.:
Air Conditioning: Central A/C
Architectural Design:
Attic:
Basement:
Comm/Condo Amenities:
Condo Info: Fee Simple
Construction Material: Block,Brick,Batts Insulation,Concrete,Frame,Glass,Masonry,Wood Siding
Disclosures:
Dock Type:
Financing: Cash,Conventional
Foundation:
Flood Zone Type:
Lot Description: Other
Mobile Home Info:
Ownership Type: Fee Simple ; Sale Type: Standard
Porch/Deck Type:
Primary Heat Type: Other
Pool Type:
Roofing: Built-Up,Composite

Amenities

Water Source: Public ; Sewer Septic: Public Sewer
Waterfront Type:
Appliances: ; Water Conditioner: ; Water Heater:
Exterior Features:
Inclusions:
Interior Feature:
Show Instructions:
Listing Office: Coldwell Banker Residential - 64

Location Map

Map locations are approximate. Please contact one of our sales agents for additional location information.
 

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All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction.

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