MLS#MDWO2042252
STATUSACTIVE
PROPERTY TYPECommercial - Business
SCHOOLWORCESTER COUNTY PUBLIC SCHOOLS
Property Description
Rare investment opportunity in Ocean City, Maryland! This unique four-parcel package includes three income-producing properties and an additional waterfront canal parking lot, all being sold together. The portfolio features the Crystal Sands Motel, a 25-room ocean-block motel on 17th Street, just a short walk to the beach and famous Ocean City Boardwalk, along with two 7-unit apartment buildings located at 609 Philadelphia Avenue and 205 11th Street in downtown Ocean City. The motel offers onsite parking, with additional parking available at the nearby canal-front lot. All buildings have been well maintained, upgraded, and are currently income-producing. This diverse portfolio offers investors the opportunity to own a combination of motel and multifamily assets in one of the East Coast’s most popular vacation destinations. Conveniently located near the beach, Boardwalk, and downtown attractions, this is a unique opportunity to acquire multiple established income-producing properties in one package.
Property Features
Property Type: Commercial - Business
Cooling: Window Unit(s)
Fuel Type: Electric
Lot Size: 0.22 Acres
Taxes: $24,488
Year Built: 1965
Feature Descriptions
Exterior: Brick
Flooring: Carpet
Location: Downtown
Lot: Cleared
Lot Dimensions: 0.22 Acre(S)
Municipality: Ocean City
Sewer: Public Sewer
Total Garage/Parking Spaces: 28
Units: 28
Water: Public
Local Schools
School District: WORCESTER COUNTY PUBLIC SCHOOLS
Listed By / Shown By
Listed By
Agency Name: Coastal Life Realty Group LLC
Agency Phone: 4435527579
Shown By
Agent Name: Julie DiMaggio
Agent Phone: Cell: (717) 524-9548
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
1705 N Baltimore Avenue | MLS# MDWO2042252
This commercial property located at 1705 N Baltimore Avenue, Ocean City, MD 21842 is currently listed for sale with an asking price of $7,500,000. N Baltimore Avenue is located within the WORCESTER COUNTY PUBLIC SCHOOLS school district. Search Ocean City real estate on www.juliedimaggiorealtor.com today.