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About This Home
This 0-bedroom, 0-bathroom other at 1215 PHILADELPHIA Avenue in Ocean City, MD is listed for $1,900,000. Built in 1969, on a 0.17 acres lot.
"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 redevelop
ment 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.
Key Features
- Built in 1969
- 0.17 acre lot
- 12 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$10,162/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1215 PHILADELPHIA Avenue
Ocean City, MD 21842
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom other at 1215 PHILADELPHIA Avenue is listed at $1,900,000. The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.
Key features include: Built in 1969, 0.17 acre lot, 12 parking spaces.
This property is listed by Grace Masten and can be reached at 4102504433 or grace@northbeachrealtors.com.
