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$2,200,000
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Property Description
Discover this stunning two-story turnkey restaurant, offering 4,272 sqft of prime dining space with both indoor and outdoor seating options. Perfectly situated on the bustling coastal highway, this property combines a fantastic location with easy access and high visibility. The sale includes the real estate, along with all furniture and fixtures, making it a seamless transition for new owners. Don't miss out on this incredible chance to own your own restaurant in a prime location. Call the listing agent today to schedule your showing!
Full Property Details
Full Property Details for 7805 Coastal Hwy #2
General
- Sold For: $2,200,000
- Taxes: $40,315 (2024)
- Status: Closed
- Type: Business
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2022978
- Added to Site: 509 day(s) ago
Business
- Business Type: Other, Restaurant/Bar
Parking
- Total Spaces: 24
- Parking Type: Parking Lot
Location
- Area: Bayside Interior (83)
- Municipality: Ocean City
- County: Worcester
- Driving Directions: Coastal Highway to 78th st. building is located on the bayside
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Electric
- Water Heater: 60+ Gallon Tank
Utilities
- Sewer: Public Septic
- Water: Public
Structural Information
- Construction: Brick, Other
- Stories/Levels: 0
- Year Built: 2018
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Zoning: LC-1
Financial Considerations
- Price Per Sq. Ft.: $398.96
- Assessment Year: 2024
- City/TownTax: $12,748
- City/TownTax Freq: Annually
- County Tax: $24,340
- County Tax Freq: Annually
- Tax w/Assessment: $2,880,433
- Tax Amount: $40,315
- Tax Year: 2024
Disclosures and Reports
- Ownership: Condominium
Listed by Coastal Life Realty Group LLC, Kevin E Decker
Sold by Unrepresented Buyer Office, Unrepresented Buyer
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Schools
Schools serving 7805 Coastal Hwy #2
School District:Worcester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Ocean City Elementary School 12828 Center Drive, Ocean City, MD 21842 | PK-4 | 4.3 mi |
Berlin Intermediate School 309 Franklin Avenue, Berlin, MD 21811 | 4-6 | 9.3 mi |
Stephen Decatur Middle School, Berlin, MD 9815 Seahawk Road, Berlin, MD 21811 | 7-8 | 8.1 mi |
Stephen Decatur High School 9913 Seahawk Road, Berlin, MD 21811 | 9-12 | 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 7805 Coastal Hwy #2
Date
Details
Price
Change
Source
3/13/2025
Sold
$2,200,000
-15.38%
MLS
9/19/2024
Price Reduced
$2,600,000
-5.45%
MLS
8/27/2024
Listed
$2,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7805 Coastal Highway #2, Ocean City, MD 21842 (MLS# MDWO2022978) is a Business property that was sold at $2,200,000 on March 13, 2025. Want to learn more about 7805 Coastal Highway #2? Do you have questions about finding other Business 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.

