107 13th Street, Ocean City, MD 21842

USD 1,500,000

For Sale MLS: MDWO2038406

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Property Details

Description

"Rare Downtown Ocean City Hospitality Compound " Investors you'll love the scalability, multiple income streams and operational flexibility * Located in the heart of downtown Ocean City * This unique hospitality investment opportunity features three separate buildings offering multiple income streams, exceptional guest amenities and prime redevelopment potential in one of the East Coast's most desirable beach destinations * The main building operates as a motel positioned in a highly sought-after downtown location just moments, 1.5 blocks , from the beach, boardwalk, restaurants, nightlife and entertainment. Attached to the main structure is an amenity-focused building featuring a pool, tiki bar and dedicated parking area creating a resort-style atmosphere for guests and visitors alike * The West building includes six additional units along with supplemental parking offering expanded lodging capacity and operational flexibility for short term, seasonal, employee housing or boutique concepts.

PROPERTY DETAILS: Square Feet: 2800

INTERIOR FEATURES: • Cooling: Electric, Wall Unit(s), Window Unit(s) • Heating: Electric Heating • Plumbing: Electric Water Heater

EXTERIOR FEATURES: • Parking: 5 Parking Spaces, Parking Lot. • Exterior: Other, Block • Lot Dimensions: 0.00 x 0.00 • Zoning: R-3A

LISTING AGENT: Agent: Grace Masten | Office: Sea Grace @ North Beach Realtors | Phone: 4102504433 | Email: [email protected]

LISTING INFORMATION: MLS#: MDWO2038406 | Status: FOR SALE

Location

Address

107 13th Street

City

Ocean City

Features and Finishes

Interior Features:

• Cooling: Electric, Wall Unit(s), Window Unit(s)

• Heating: Electric Heating

• Plumbing: Electric Water Heater

Exterior Features:

• Parking: 5 Parking Spaces, Parking Lot.

• Exterior: Other, Block

• Lot Dimensions: 0.00 x 0.00

• Zoning: R-3A

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