12614 OCEAN GTWY Active

Ocean City,MD 21842

$ 4450000

- Bed

- Bath

11133 SqFt


Key Details

Property Type Commercial

Sub Type Special Purpose

Listing Status Active

Purchase Type For Sale

Square Footage 11,133 sqft

Price per Sqft $399

MLS Listing ID MDWO2028396

Originating Board BRIGHT

Year Built 1965

Annual Tax Amount $16,995

Tax Year 2024

Lot Size 1.820 Acres

Acres 1.82

Lot Dimensions 0.00 x 0.00

Property Sub-Type Special Purpose

Property Description

Rare West Ocean City opportunity. Purchase and run the updated and restored Shaka Pool Bar & Grill and the Quiet Sun Resort Cottages or utilize the property for its redevelopment potential. The property includes 40 residential cottages, a Restaurant that includes an indoor bar, large pool with attached pool bar and indoor and outdoor dining areas. There is also a community kitchen and laundry room with an additional bar to the rear of the property for residential guests. This location sits on 1.82 Acres with over 160 feet of direct RT 50 frontage and is minutes from downtown Ocean City and just a short drive to Assateague Island. Will consider owner financing for qualified parties.

Location

State MD

County Worcester

Area West Ocean City (85)

Zoning C2

Interior

Hot Water Other

Heating None

Cooling Other

Heat Source Other

Exterior

Garage Spaces 50.0

Water Access N

Accessibility Other

Total Parking Spaces 50

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Worcester County Public Schools

Others

Tax ID 2410017491

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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