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1800 Philadelphia Avenue #12, Ocean City, MD 21842
$36,000
1800 Philadelphia Avenue #12, Ocean City, MD 21842View this property at 1800 Philadelphia Avenue #12, Ocean City, MD 21842
1800 Philadelphia Avenue #12Ocean CityMD21842
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Property Description
Former Dunkin store for lease. $36,000 per year + Pass through expenses. Some restriction apply. Current Lease available through May of 2028 with 3 additional 5 year options to renew with increased rates.
Full Property Details
Full Property Details for 1800 Philadelphia Ave #12
General
- Sold For: $36,000
- Status: Closed
- Type: Commercial Lease
- MLS ID: MDWO2017566
- Added to Site: 181 day(s) ago
Business
- Business Type: Restaurant/Bar, Professional, Other
Rental Information
- Lease/Rent Term: 48 Months
Interior
- Flooring: Ceramic Tile, Concrete
Additional Information
- Security/Safety: Security System, Smoke Detector, Surveillance Sys
Parking
- Total Spaces: 5
- Parking Type: Off Site, Parking Lot
Location
- Area: Ocean Block (82)
- Municipality: Ocean City
- County: Worcester
- Building Name: Village Market
- Driving Directions: Coastal Highway to 18th street, property on the East Side-End Unit #12
- Traffic Count: Greater than 30000
- Location Details: Corner Lot/Unit
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Heating Type: Central
- Heating Fuel: Electric
- Water Heater: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV, Electric Available
Structural Information
- Construction: Block, Advanced Framing, Glass
- Roof: Built-Up, Flat
- Stories/Levels: 1
- Current Bldg. Use: Food & Beverage
- Year Built: 1972
- Year Built Source: Assessor
- Property Condition: Excellent
Lot Features
- Property View: Street
- Lot Dimensions: 0.00 x 0.00
- Lot Features: Cleared, Corner, Level
- Zoning: COMMERCIAL
- Lot Description: Cleared, Corner, Level
Financial Considerations
- Price Per Sq. Ft.: $32.73
- City/TownTax: $983
- City/TownTax Freq: Annually
- Terms: Standard Sale
- Tenant Pays: Advertising, Cable TV, Common Area Maintenance, Electricity, Heat, HVAC Maintenance, Insurance, Janitorial Service, Sewer, Taxes, Utilities - All, Water
- Leasable Area Annual Tax: 3100
- Taxes Per Sq. Ft.: 2
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Other
- Exclusions: Any Franchise Property or Logo Property
- Inclusions: Walk-in Freezer, countertops, tile, sinks
Listed and Sold by Keller Williams Realty, Walter D. Taraila
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Schools
Schools serving 1800 Philadelphia Ave #12
School District:Worcester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
12828 Center Dr, Ocean City, MD 21842 | PK-4 | 1.6 mi | |
309 Franklin Ave, Berlin, MD 21811 | PK-4 | 7.3 mi | |
9815 Seahawk Rd, Berlin, MD 21811 | 7-8 | 6.1 mi | |
9913 Seahawk Rd, Berlin, MD 21811 | 9-12 | 6.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1800 Philadelphia Ave #12
Date
Details
Price
Change
Source
2/05/2024
Sold
$36,000
—
MLS
11/10/2023
Listed
$36,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1800 Philadelphia Avenue #12, Ocean City, MD 21842 (MLS# MDWO2017566) is a Commercial Lease property that was sold at $36,000 on February 05, 2024. Want to learn more about 1800 Philadelphia Avenue #12? Do you have questions about finding other Commercial Lease real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.