1001 Philadelphia Ave,
Ocean City, Md 21842
$3,400,000

MLS Number
Mdwo2002438
List Price
$3,400,000
Standard Status
Active
Waterfront
N
Excellent Investment Opportunity For A Rare High Traffic Property Offering A Free Standing Medical Building Property Consist Of Large .50+ Acre Lot, 5,833 Sqft Building, And 26 Parking Spaces. Currently Occupied By Well Known Medical Practice Tenant With Nnn Lease. This Property Has A Very High Traffic Count And Visibility. Demographics For Ocean City Is One Of The Largest Tourist Attraction For Maryland, In The Summer Weekends The City Hosts Between 320,000 And 345,000 Vacationers, And Up To 8 Million Visitors Annually. During The Summer, Ocean City Becomes The Second Most Populated Municipality In Maryland Offering Over 200 Public And Private Events That Holds Over 10,000 Hotel Rooms And 25,000 Condominiums. This Particular Piece Of Property In Considered A Very Large Parcel In The Downtown Location. With A Number Of Possibilities It Could Accommodate Large Hotel Or Condominiums For Redevelopment. Call Direct For More Information.

Contact Keti About This Listing

Please input a name.
Invalid Input
Please input a valid email.
Please input a message.

Keti Lynch - Ocean City Home Sales Real Estate Agent

Keti Lynch

Associate Broker
MBA / GRI / Bi-lingual

Shoreline Properties, Inc.

6808 Coastal Highway
Ocean City, MD 21842

office: 410-542-6688
toll free: 800-492-5832
This email address is being protected from spambots. You need JavaScript enabled to view it.

shoreline properties

Exterior Features

Construction Materials
Brick

Interior Features

Heating
Other
Heating Fuel
Other
Cooling
Other
Hot Water
Other

Additional Details

Acres
0.56
Year Built
1961
New Construction
N
Property Type
Commercial Sale
County
Worcester
Lot Size Dimensions
0.00 X 0.00