ADDRESS
1004 King Street
Alexandria, VA 22314
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$3,500,000
91 Days On Site
7500 COASTAL HIGHWAYOCEAN CITY, MD 21842
For Sale|Commercial Sale|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
15,828
SqFt
$221
/SqFt
1986
Built
County:
WORCESTER
Listing courtesy of Coastal Life Realty Group LLC
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(703) 718-6344
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Prime investment opportunity! This 28-room motel, situated in the highly desirable 75th Street ocean block, is an exceptional find in the heart of Ocean City. Surrounded by a variety of popular restaurants, shops, and entertainment options, this property is perfectly positioned to attract tourists and vacationers. Ideal location, just steps from the beach, offering guests easy access to the ocean and nearby attractions. The property features plenty of parking, a rare and valuable asset in this busy resort area. With its manageable size and efficient layout, this motel is well-suited for first-time buyers or seasoned hospitality operators. Whether you're looking to expand your real estate portfolio or dive into the hospitality industry, this motel is a fantastic opportunity with great income potential. Don’t miss the chance to own a piece of Ocean City’s thriving vacation market!
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Listing Snapshot
Price
$3,500,000
Days On Site
91 Days
Bedrooms
N/A
Inside Area (SqFt)
15,828 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.33 Acres
Year Built
1986
MLS® Number
MDWO2027834
Status
Active Under Contract
Property Tax
$19,400
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Assessor
Friends & Family
Recent Activity
| 2 months ago | Status changed to Active Under Contract | |
| 2 months ago | Listing updated with changes from the MLS® | |
| 3 months ago | Listing first seen on site |
General Features
Acres
0.33
Parking
Parking Lot
Parking Spaces
28
Sewer
Public Sewer
Special Circumstances
Standard
SqFt Total
15828
Water Source
Public
Zoning
R-3
Interior Features
Appliances
Electric Water Heater
Cooling
Wall Unit(s)Electric
Heating
Electric
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Exterior Features
Construction Details
Concrete
Community Features
Accessibility Features
Accessible Elevator Installed
MLS Area
Ocean Block (82)
School District
WORCESTER COUNTY PUBLIC SCHOOLS
Schools
School District
WORCESTER COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Coastal Life Realty Group LLC
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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