613 Atlantic Ave, Ocean City, Md 21842 $15,900,000

Price
$15,900,000
Bed
N/A
Bath
N/A
Acres
0.64
Town
Ocean City
MLS
1009990652

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! Currently 65 Units And 12 Multifamily Units! Take Advantage Of The Tax Breaks This Property Has As It Is Located In The Opportunity Zone District.

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Exterior Features

Construction Materials
Frame, stick Built, vinyl Siding, other
Type of Parking
Off Street, parking Lot
Roof
Architectural Shingle, asbestos Shingle
Water Body Type
Ocean

Interior Features

Heating
Heat Pump(s)
Cooling
Central A/c, wall Unit

Additional Details

Acres
0.64
Year Built
1925
New Construction
N
Property Type
Commercial Sale
County
Worcester
© 2020 Coastal Association of REALTORS All rights reserved. All room dimensions and other measurements are approximate. All information is deemed reliable but not guaranteed. Prospective purchasers should verify the information to their own satisfaction. Real estate listings held by brokerage firms other than Atlantic Shores Realty, LLC. are indicated here. Listing courtesy of Coastal Life Realty Group. Site maintained by Ryan T. Haley, Broker of Atlantic Shores Realty. Office: (410) 524-0919 | This email address is being protected from spambots. You need JavaScript enabled to view it.