CHARIS REALTY GROUP

7100 COASTAL HIGHWAY

OCEAN CITY, MD 21842

MLS#: MDWO2036880

$6,975,000

Status: Active
Listing number: MDWO2036880
Listing provided by: Coldwell Banker/Bud Church Rea
Listing agent phone: None
Last update: 2 months ago
On site: 7 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1973

Sq.Footage

23,448

Remarkable opportunity to own a piece of Ocean City History. 54 unit (all efficiency) motel on the Ocean Side @71st street. Large rooms(efficiencies) ample size pool. Excess parking. Recent renovations over the last several years. New heat and air. brand new laundry facility. Locations like this do not become available. Summer is here and rooms are booked. Call listing agent for all showings.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall Unit(s), Electric

  • Heating YN

    YES

  • Heating

    Electric, Forced Air, Zoned

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Block

  • Parking

    Paved, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

  • View

    Water, Ocean

Area & Lot

  • Lot Features

    Corner Lot, Cleared

  • Lot Size(acres)

    0.75

  • Lot Size(square feet)

    32,750

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $6,975,000

  • Tax Amount

    $53,814

  • Sq. Footage

    23,448

  • Price/SqFt

    $297

HOA

  • Association

    No

School District

  • Elementary School

    OCEAN CITY

  • Middle School

    STEPHEN DECATUR

  • High School

    STEPHEN DECATUR

Property Features

  • New Construction

    NO

  • Foundation Details

    Block, Brick/Mortar

  • Sewer

    Public Sewer

  • Tax Lot

    8

  • Water Source

    Public

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Location

County

WORCESTER

Elementary School

OCEAN CITY

Middle School

STEPHEN DECATUR

High School

STEPHEN DECATUR

Listing Courtesy of Ken Church, Coldwell Banker/Bud Church Rea

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Agent Maisha Lewis-Ceaser

Salesperson, Realtor

Maisha Lewis-Ceaser

Call Maisha today to schedule a private showing.

(301) 748-9569

maisha@charisrealty.com


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Remarkable opportunity to own a piece of Ocean City History. 54 unit (all efficiency) motel on the Ocean Side @71st street. Large rooms(efficiencies) ample size pool. Excess parking. Recent renovations over the last several years. New heat and air. brand new laundry facility. Locations like this do not become available. Summer is here and rooms are booked. Call listing agent for all showings.

7100 COASTAL HIGHWAY

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Related Properties

New on site today
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.
#MDWO2042252

OCEAN CITY

1705 N BALTIMORE AVENUE

None Beds

None Baths

11,439 Sq.Ft.

$7,500,000

MLS#: MDWO2042252

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