MLS® ID: 1009990652

613 ATLANTIC AVENUE

OCEAN CITY, Maryland, 21842

$15,900,000 Active
  • - SQFT
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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Listing courtesy of Coastal Life Realty Group

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    21842
  • Office name
    Coastal Life Realty Group
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Commercial Sale
  • Zoning type
    BC-2
  • School district
    WORCESTER COUNTY PUBLIC SCHOOLS
  • Year built
    1925
  • Lot size
    0.64
  • Sewer
    Public Sewer
  • Heating
    Heat Pump(s)
  • Agent name
    Kevin Decker
  • Purchase Type
    Active
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    CLFERE1
  • Agent ID
    3255771

Location

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