Property Attributes
- MLS#MDWO2017274
- TypeCommercial
- CountyWORCESTER
- CityOcean City
- AreaOcean Block
- Zip21842
- StyleHotel/Motel
- Year Built1962
- Taxes$ 34424
- Price$ 3,995,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage10594
- Lot Size0.33 Acres
Data Source:
Bright MLS
Property Description
The Simple Life Motel- 32 Total Rooms. 23 standard -remodeled Ocean Block rooms with a Ocean View, 9 large efficiencies also remodeled. Private office, ample storage, off street parking. Located just 3.5 blocks from Ocean Cities famous boardwalk. Not to mention, less than 75 feet from the Atlantic Ocean. No busy street to cross to get to the beach. Call listing agent for all financial information. LETTER OF PREQUALIFICATION REQUIRED FOR FINANCIALS.
Price History | |
---|---|
10/25/2023 | Listed $3,995,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Wall Unit |
Cooling | Wall Unit |
Utilities | Cable TV Available,Natural Gas Available |
Possession | 0-30 Days CD |
Roof | Built-Up,Flat |
Zoning | R-3 |
Security Features | Desk in Lobby,Electric Alarm |
Construction Materials | Block |
Year Built | 1962 |
Electric | 150 Amps |
View | Ocean |
Property SubType | Five Or More Units |
Tax Year | 2023 |
Percent Ownership | Fee Simple |
Cool Fuel | Electric |
Business Type | Hotel/Motel |
Building Name | NONE AVAILABLE |
Accessibility | None |
County | WORCESTER |
New Construction | No |
Property Type | Commercial Sale |
Water Access Y/N | No |
Property Use | Investment |
Transportation | Bus Stop less than 1 mile |
Status | ACTIVE |
Directions | Baltimore Avenue to 31st Street and oceanside,property on right. |
ModificationTimestamp | 2024-04-17T13:28:17 |
City | OCEAN CITY |
Buyer Agent Compensation | 1.5 |
Disclosures | None |
Total Units | 1 |
MLS Area | Ocean Block (82) |
Lot Size Square Feet | 14200.00 |
Tax Assessed Value | 2442100.0 |
Waterfront Y/N | No |
Street Name | BALTIMORE |
Tax Annual Amount | 34424.0 |
Property Condition | Very Good |
Price Per Sq Ft | 377.1 |
Acceptable Financing | Cash,Conventional |
Lease Considered Y/N | No |
Vacation Rental Y/N | No |
Days on Market | 189 |
Standard Status | Active |
Year Built Source | Assessor |
Tax Lot | 5 |
Buyer Agent Compensation Type | % Of Gross |
Interior Features
Heating Fuel | Electric |
---|---|
Flooring | Carpet,Concrete |
Hot Water | Multi-tank,Tankless |
Heating Y/N | Yes |
Street Suffix | AVENUE |
Central Air Y/N | No |
Exterior Features
Parking Features | Private |
---|---|
Lot Features | Cleared,Corner |
Water Source | Public |
Total Parking Spaces | 31 |
Type of Parking | Parking Lot |
Land Use Code | C |
Foundation Details | Slab |
Water View Y/N | Yes |
Building Area Total | 10594.00 |
Lot Dimensions | 0.00 x 0.00 |
Lot Size Acres | 0.33 |
Lot Size Units | Square Feet |
Lot Size Source | Assessor |
Other Equipment | None |
Road Responsibility | City/County |
Navigable Water Y/N | No |
Water Oriented Y/N | No |
Fencing Y/N | No |
LotDimensionsSource | Assessor |
Car Parking Spaces | 31 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool