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8201 Coastal Highway # 2&3 Ocean City, MD $ 1,550,000
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8201 Coastal Highway # 2&3
$ 1,550,000
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8201 Coastal Highway # 2&3

Ocean City, MD, 21842
$ 1,550,000
Baths0.0 Sq 1,340

Monthly Estimate*

$ 10,827

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Studio

Commercial Property for sale in Ocean City, MD

for $1,550,000. This 1,340 square foot building was built in 1993.

2 UNITS DIRECTLY ON COASTAL HIGHWAY & BUSINESS FOR SALE! RARE BUSINESS OPPORTUNITY IS KNOCKING BEFORE THE SUMMER SEASON! Purchase This Lucrative Building W/ Beer & Wine Store! Two Units Incorporate The Entire Store Which Has Been Recently Remodeled W/ Laminated Floors, Bathroom, Break Room, Storage Room, Newer Heat Pump & Hot Water Heater. Store Comes Totally Furnished W/ Beer/Wine & Drink INVENTORY INCLUDED! Permits Can Be Transferred Once The Buyer's Applications Have Been Accepted By The County. Permits To Include Beer/Wine, Cigarette & Potential Lottery Licenses. All Beverage Chillers, Custom Marble Shelving, Front Counter & POS System As Well As Outdoor Ice Cooler Included in Sale. PLENTY OF PARKING W/10 Designated Spots. Store Can Also Be Used For Other Retail Or Restaurant Opportunities. Call Listing Agent For Details!

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Commercial Active

Price

$ 1,550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,467

Style

Restaurant/Bar

Year Built

1993

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2020430
Features
Interior
Heating Fuel Electric
Flooring Laminated
Hot Water Electric
Heating Y/N Y
Street Suffix HIGHWAY
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Cable TV Available
Possession 0-30 Days CD Settlement
Roof Architectural Shingle
Zoning LC-1
Construction Materials Frame Stick Built Wood Siding
Year Built 1993
Electric Other
View Street
Unit Number 2&3
Property SubType Retail
Tax Year 2023
Current Use Bar Beer/Wine/Liquor Clothing Commercial Convenience Store
Cool Fuel Electric
Municipality Ocean City
Business Type Restaurant/Bar
Accessibility None
County WORCESTER
New Construction N
Property Type Business Opportunity
Water Access Y/N N
Status ACTIVE
Directions Coastal Hwy. At 82nd St. Bayside
City OCEAN CITY
Buyer Agent Compensation 2
Disclosures Prop Disclaimer Special Permits
MLS Area Bayside Interior (83)
Waterfront Y/N N
Street Name COASTAL
Tax Annual Amount 6467.0
Property Condition Excellent
Price Per Sq Ft 1156.72
Acceptable Financing Cash Conventional
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 9
Location Type Highway
Standard Status Active
Year Built Source Assessor
Legal Subdivision 82ND STREET CONDO
Tax Lot 3
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Handicap Parking Private
Lot Features Cleared
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 1340.00
Lot Dimensions 0.00 x 0.00
Road Surface Type Black Top
Door Features Double Entry
Other Equipment Some
Soil Types Sandy
Road Responsibility City/County
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 8201
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* Excluded Features
List By
Coastal Life Realty Group Llc

Broker

tina.dorsey13@gmail.com

Email

Affordability Calculator

$11,366
Per Month
95%
5%
0%
Monthly Principal & Interest
$10,827
Monthly Property Taxes
$539
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/22/2024$1,550,000 Listed Price

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8201 Coastal Highway # 2&3, Ocean City, MD, 21842 is a Commercial Property for sale at $1,550,000 with 1,340 sqft. 8201 Coastal Highway # 2&3 is a studio with 0.0 baths and was built in 1993. The property's zip code is 21842 which is in Ocean City, MD

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