410-524-6400

Properties

Ocean City, MD 21842

MLS Number: 514558


$10,500,000
SqFt: 33974
 
Request Information
Description
Sale of Atlantic Oceanfront Inn. Map 0113, Grid, 0009, Parcels 7276/7277/7326. Excellent mid town location. Property is located between 45th & 46th Streets. Access from both streets. 60 Unit Hotel Building w/outdoor pool & outdoor seating area. 30 Ocean Front units, 30 Ocean View units. Excellent rental numbers. All furniture, fixtures & equipment convey. Recent and ongoing capital improvements will make hotel ready to open mid May 2018 with no undue expenditures needed on the part of new owner/operator.
 
General Details
Living Area: 33974
Lot Area: 0.73
County: Worcester
Year Built: 1965
Sub-Division: N/A
Historical District: No
Public Maintained Road: Yes
Area: 80 - Direct Oceanfront
Stories: 5.0
Acres: 0.73
 
Exterior Features
Foundation: Concrete Slab,Pilings
Garage(s): 180.00 spaces
Exterior Type: Dryvit,Stucco,Wood
Waterfront: Ocean
Waterview: Yes
 
Interior Features
Attic: None
Basement: None
Flooring: Carpet,Tile
Heating: Window Wall
 
Lot Information
Number: 1
SqFt: 0.73
Dimensions: 180x100x138x149x56x250
Description: Ocean Front
 
Fees & Taxes
City Taxes: $0
County Taxes: $80,700