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1900 Philadelphia Avenue

OCEAN CITY, MD 21842
  • $5,495,000
  • STATUS: Active
  • ON SITE: 105 Days
  • ID#: MDWO2022922
UPDATED: 61 min ago
$5,495,000
  • 0
    BEDS
  • 0.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1954
County:

School Information

Elementary School:
Middle School:
High School:

Description

Tremendous opportunity to own an existing family run 49 unit motel. Located only a few steps from our famous boardwalk, ocean and numerous attractions. The Cabana Motel has been up and running in Ocean City in excess of 50 years with many repeat customers. In addition, this could be one of your best opportunities for a massive redevelopment. 6 lots of commercial land, total sq footage of 35,400. The possibilities are endless. Call listing agent for all details and showings. Please note, there are several excluded buyers, before starting the process call listing agent to discuss.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-08T15:50:41.95.
www.execuhome.com/homes/154055370
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1900 Philadelphia Avenue OCEAN CITY, MD 21842

  • Price: $5,495,000
  • Status: Active
  • On Site: 105 Days
  • Updated: 61 min ago
  • ID#: MDWO2022922
0
Beds
0
Baths
0
½ Baths
0.81
Acres
1954
Built
Neighborhood:
Ocean Block (82)
County:
Worcester
Area:
Ocean Block (82)
Elementary School:
Ocean City
Middle School:
Stephen Decatur
High School:
Stephen Decatur
School District:
Worcester County Public Schools
Property Description
Tremendous opportunity to own an existing family run 49 unit motel. Located only a few steps from our famous boardwalk, ocean and numerous attractions. The Cabana Motel has been up and running in Ocean City in excess of 50 years with many repeat customers. In addition, this could be one of your best opportunities for a massive redevelopment. 6 lots of commercial land, total sq footage of 35,400. The possibilities are endless. Call listing agent for all details and showings. Please note, there are several excluded buyers, before starting the process call listing agent to discuss.
Exterior Features

Construction Materials Block Garage YN No Location Type Free Standing Lot Features ClearedCorner Other Equipment Negotiable Parking Features Private Parking Types Parking Lot Property Condition Good Road Responsibility City/County Road Surface Type Black TopPaved Roof Unknown View Street Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 12996.00 Cooling Multi UnitsWall Unit Exclusions none Flooring Concrete Heating Wall Unit Heating YN Yes Net Square Feet 13000.00 Security Features Desk in LobbyDoorman

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN No Cooling Fuel Electric Electric 150 Amps Foundation Details Block Heating Fuel Electric Historic YN No Hot Water Electric Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Number Of Units Total 1 Original MLSNumber 803313999036 Ownership Interest Fee Simple Property Sub Type Land for Commercial Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 32139.00 Tax Lot 123456 Transportation Bus Stop less than 1 mile Utilities Cable TV AvailableElectric AvailableNatural Gas Available Vacation Rental YN No Water Source Public Zoning LC-1

Listing courtesy of Coldwell Banker/Bud Church Rea: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or ExecuHome Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-12-08T15:50:41.95.
 
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