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7700 Coastal Hwy, Ocean City, MD 21842

$1,600,000

  • For Sale
  • Active
  • Commercial
7700 Coastal Hwy, Ocean City, MD 21842 View this property at 7700 Coastal Hwy, Ocean City, MD 21842
7700 Coastal Hwy Ocean City MD 21842

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Property Description

Office building occupying the SW corner of 77th street. Intersection controlled by traffic light. Listing also includes property at 7702 Coastal Hwy (Tax Acct # 10-087538) 1616 Square ft. single family home on a 5,100 square ft lot. Also included is 6000 square ft fenced parking lot behind the Jada building (Tax Acct# 10-085586. Option for sale & lease back or straight sale. Excellent potential for development for hotel/motel.

Full Property Details for 7700 Coastal Hwy

  • Price: $1,600,000
  • Status: Active
  • Type: Commercial
  • MLS ID: 485401
  • Updated: 9/26/2017
  • Added: 1, 576 day(s) ago

Property History

  • 7700 Coastal Hwy, Ocean City, MD
  • Increased to $1,600,000 on 9/7/16
  • Reduced to $1,350,000 on 1/14/16
  • Listed at $1,499,900 on 7/30/13

Additional Information

  • Pool Description: None

Location

  • Area: Worcester East of 113
  • County: Worcester
  • Subdivision: N/A
  • Driving Directions: South West corner of 77th street on the ocean side of Coastal Hwy
  • Dist. to Ocean: 1 (Blocks)

Utilities

  • Water/Sewer: Public Central Sewer, Public Central Water

Structural Information

  • Architectural Style: Contemporary
  • Exterior Const.: Stone
  • Basement Desc.: None
  • Stories in Building: 2
  • Square Feet: 3,132
  • Year Built: 1965

Lot Features

  • Lot Size (Acres): 0.11
  • Lot Size (Sq. Ft.): 3,132
  • Lot Dimensions: 102 x 50
  • Hwy Frontage: 102
  • Public Street: Yes
  • Zoning: R3
  • Lot Description: Cleared, Corner

Water Features

  • Water View: Yes

Financial Considerations

  • Annual City Tax: $2,689
  • County Tax: $5,026

Disclosures and Reports

  • Legal Description: LOT 10 BLK 45 E/S COASTAL HWY & 77TH ST PL ISLE OF WIGHT
  • Fed Flood Ins Avail.: Yes
  • APN: 551A
  • Block: 45
  • Lot: 10

Listed by Holiday Real Estate, Jerome E Milko

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7700 Coastal Hwy will cost you if you:

  • Buy it at list price: $
  • Put down a % down payment : $
  • Pay at a interest rate over

  • Pay $ per year in insurance and $ per year in property taxes.

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7700 Coastal Hwy, Ocean City, MD 21842 (MLS# 485401) is a Commercial property. 7700 Coastal Hwy is currently listed for $1,600,000 and was received on July 30, 2013. Want to learn more about 7700 Coastal Hwy? Do you have questions about finding other Commercial 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.

Listed by Holiday Real Estate, Jerome E Milko