Cindy Haley - REMAX Distinctive
613 Atlantic Ave
OCEAN CITY, MD 21842

$17,500,000

Description

RARE opportunity to own an Oceanfront Boardwalk Hotel and 2 retail stores! Located between 6th and 7th streets in the heart of Ocean City, this listing sits on 2 Oceanfront Boardwalk lots and 2 Ocean block parcels. Highly desirable off street parking and a pool are already available as the current hotel operates. Amazing redevelopment potential with the ability for large scale hotel or condominium building and multiple Boardwalk front stores!

Details

MLS#1009990652
StyleIndustrial
Sub-TypeResale
StatusActive
Year1925
Days On Site59

Features

SQ Feet25,343
Story(s)0
ZoningBC-2

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Area Information

StateMD
CityOCEAN CITY
Zip Code21842
AreaDirect Oceanfront (80)
Listing VS Median (in 21842)
Price:
$17,500,000
low | high
Med:
$300,000
100% of Average
SqFt:
25,343
low | high
Med:
1,399
100% of Average
$ / SqFt:
$691
low | high
Med:
$214
100% of Average
On Site:
59
low | high
Med:
43.5
100% of Average
Listing Updated: 01/18/2019
MLS Number: 1009990652
Listing Provided By:
Kevin Decker  of  Coastal Life Realty Group

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