Views
Listed By:
Coldwell Banker/Bud Church Rea
Address
3100 N Baltimore Avenue, Ocean City, MD
Price
$ 3,995,000
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

Property vs Commercial Average in 21842

Price
AVG $1.25M
$4M
Taxes
AVG $12,927
$34,424
Visits
AVG 143
195
Data Provided by Inside Real Estate®
Year Built
AVG 1991
1962
Walkscore
AVG 52
56
Data Provided by Walkscore® not using MLS data

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