Active
7500 Coastal Hwy
Ocean City MD, 21842
$3,500,000
$221.13 per sqft
Active
15,828 sqft
Commercial
Built in 1986
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!
MDWO2027834
MLSⓇ ID
January 19, 2025
Listed
January 19, 2025
Updated
Map
7500 Coastal Hwy
Ocean City MD, 21842
Interior Features
Interior Features
Elevator
Appliances
Electric Water Heater
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.33 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Ocean City
Taxes
$19,400
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking Total
28
View
No
County
WORCESTER
Water Source
Public
Pool
No
Listed by Coastal Life Realty Group LLC
Listing Contact: 4432356552
The IDX display contains information sourced from the Bright MLS, Inc. as of 1/19/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 1/19/2025 at 5:46 PM UTC
