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$1,850,000
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Property Description
Welcome to 7501 Coastal Hwy - The PERFECT place to build your business! With four levels of work space and 5800(+/-) sq ft, the possibilities are endless! Right off of Coastal Hwy in Midtown OC guarantees a ton of exposure, with prominent signage right on the strip and plenty of parking in a private, paved lot. Enter the office to find a bright entry that will make your customers feel right at home. With a beautiful fireplace and open space for seating and a large TV or projector, this space is both welcoming and functional. The first level comes equipped with SIX enclosed offices, a large room perfect for meetings or communal workspace, two bathrooms, and two separate areas for supply storage. Head downstairs to find a large, open room at ground floor level with access to the alley behind the building and garage storage. Head up a wide, modern staircase to find another large space perfect for conducting meetings or communal work. This space leads out to a balcony facing 75th St for another entry point or employee breaks. Head up to the third floor to find even more - another FIVE enclosed office spaces, common areas and a kitchen and breakroom. Please contact listing agents for more information. Lease option is available for interested parties. Looks can be deceiving from the outside but you'll be amazed at the potential of this space! Come see it for yourself today!
Full Property Details
Full Property Details for 7501 Coastal Hwy
General
- Sold For: $1,850,000
- Taxes: $18,271 (2023)
- Status: Closed
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2027432
- Added to Site: 383 day(s) ago
Business
- Business Type: Hair Salon and Spa, Professional, Flex, Other/General
Parking
- Total Spaces: 10
- Parking Type: Driveway, Parking Lot
Location
- Area: Bayside Interior (83)
- Municipality: Ocean City
- County: Worcester
- Driving Directions: Coastal Hwy to 7501 on the West Side
- City Limits: Yes
School Information
- Elementary School: Ocean City
- Middle School: Stephen Decatur
- High School: Stephen Decatur
Heating & Cooling
- Cooling Type: Ductless/Mini-Split
- Cooling Fuel: Electric
- Heating Type: Other
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Mixed
- Stories/Levels: 0
- Year Built: 1960
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,075
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: LC-1
Financial Considerations
- Price Per Sq. Ft.: $403.59
- Assessment Year: 2023
- Tax w/Assessment: $1,296,000
- Tax Amount: $18,271
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
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Schools
Schools serving 7501 Coastal Hwy
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 4.1 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 9.2 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 7.9 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 7.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7501 Coastal Hwy
Date
Details
Price
Change
Source
1/24/2025
Sold
$1,850,000
-21.29%
MLS
1/03/2025
Listed
$2,350,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7501 Coastal Highway, Ocean City, MD 21842 (MLS# MDWO2027432) is a Retail property that was sold at $1,850,000 on January 24, 2025. This property was listed by Peck Miller from our Ocean City - 123rd Office.Want to learn more about 7501 Coastal Highway? Do you have questions about finding other Retail 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.



