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    613 Atlantic Avenue

    OCEAN CITY, MD 21842
    • $12,900,000
    • STATUS: Active
    • ON SITE: 35 days
    • ID#: MDWO116942
    UPDATED: 16 min ago
    $12,900,000
    • 0
      BEDS
    • 0.94
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    WOW! Direct Oceanfront Boardwalk Hotel with apartments and 2 retails stores! PRIME location between 6th and 7th street in the Heart of Ocean City. This listing is sitting on 2 Oceanfront Boardwalk lots and 2 Oceanblock parcels. Only adding to its appeal are the off street parking lot and a pool to boot! Best of both by having the beach and ocean AND a pool! Turn key business opportunity with or AMAZING redevelopment potential with the options for a large scale hotel or condominium building and multiple Boardwalk front stores! Also situated in "The Opporutnity Zone," ask your accountant about the benefits that offers an investor. It is RARE that buildings like this become available! Total above ground sqaure footage is 40,878 square feet for the tax id numbers listed.

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    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Allison Stine Team with Northrop Realty a Long and Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-28T13:52:29.09.
    www.allisonstineteam.com/homes/110268882
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    613 Atlantic Avenue OCEAN CITY, MD 21842

    • Price: $12,900,000
    • Status: Active
    • Updated: 16 min ago
    • ID#: MDWO116942
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.94
    Acres
    1925
    Built
    Neighborhood:
    Direct Oceanfront (80)
    County:
    Worcester
    Area:
    Direct Oceanfront (80)
    Elementary School:
    Ocean City
    Middle School:
    Stephen Decatur
    High School:
    Stephen Decatur
    School District:
    Worcester County Public Schools
    Property Description
    WOW! Direct Oceanfront Boardwalk Hotel with apartments and 2 retails stores! PRIME location between 6th and 7th street in the Heart of Ocean City. This listing is sitting on 2 Oceanfront Boardwalk lots and 2 Oceanblock parcels. Only adding to its appeal are the off street parking lot and a pool to boot! Best of both by having the beach and ocean AND a pool! Turn key business opportunity with or AMAZING redevelopment potential with the options for a large scale hotel or condominium building and multiple Boardwalk front stores! Also situated in "The Opporutnity Zone," ask your accountant about the benefits that offers an investor. It is RARE that buildings like this become available! Total above ground sqaure footage is 40,878 square feet for the tax id numbers listed.
    Exterior Features

    Construction Materials FrameStick BuiltVinyl SidingOther Direction Faces East Distance To Body Of Water 0 Garage YN No Location Type Other Lot Features ClearedCornerFlood PlainPoolside Parking Features Private Parking Types Parking Lot Road Responsibility City/County Road Surface Type Paved Roof Architectural ShingleAsbestos Shingle Soil Types Sandy View Ocean Water Access YN Yes Water Body Type Ocean Water Oriented YN Yes Water View YN Yes Waterfront Features Sandy Beach Waterfront YN Yes

    Interior Features

    Building Area Total 40878.00 Cooling Central A/CWall Unit Heating Heat Pump(S) Heating YN Yes Net Square Feet 40878.00

    Property Features

    Acceptable Financing CashOther Accessibility Features None Association YN No Building Name None Available Business Type Hotel/Motel Central Air YN Yes Cooling Fuel Electric Electric 220 Volts3 PhasesCircuit BreakersOther Elevators 1 Heating Fuel Other Hot Water ElectricNatural Gas Incorporated City Name Ocean City Lease Considered YN No Navigable Water YN Y New Construction YN No Number Of Units Total 0 Original MLSNumber 304303088861 Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 72245.36 Tax Assessment Amount 5113267.00 Vacation Rental YN No Water Source Public Zoning Commercial

    Listing courtesy of Coastal Life Realty Group.


    ©2020 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Allison Stine Team with Northrop Realty a Long and Foster Company. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2020-10-28T13:52:29.09.
     
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    The Allison Stine Team with Northrop Realty a Long and Foster Company
    37077 Coastal Highway
    Fenwick Island DE, 19944