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$954,870
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Property Description
Turnkey Restaurant for Sale 0n a great Ocean City Coastal Hwy location. 300 Seat Restaurant. Additional 2nd Level Deck space for outdoor dining. Additional parking has been contracted on an adjacent parcel . 72 parking spaces total. Total SF of Unit B is 4272 SF. Tax Record address is #2
Full Property Details
Full Property Details for 7805B Coastal Hwy #B
General
- Sold For: $954,870
- Taxes: $38,888 (2023)
- Status: Closed
- Type: Business
- Source: BrightMLSMidAtlantic
- MLS ID: MDWO2012428
- Added to Site: 1, 173 day(s) ago
Business
- Business Type: Restaurant/Bar, Banquet Facility/Lodge
Rooms
Bathrooms
- Restrooms: 2
Parking
- Total Spaces: 24
- Parking Features: Handicap Parking, Paved Parking, Private, Surface, Unassigned
- Parking Type: Parking Lot
Location
- Area: Bayside Interior (83)
- Municipality: Ocean City
- County: Worcester
- Development Name: None Available
- Subdivision: None Available
- Building Name: NONE AVAILABLE
- Driving Directions: Coastal Hwy to 7805B on the Bay Side
- Location Details: Highway
- City Limits: Yes
School Information
- Elementary School: Ocean City
- Middle School: Stephen Decatur
- High School: Stephen Decatur
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C, Heat Pump(s)
- Cooling Fuel: Electric, Other
- Heating Type: Central, 90% Forced Air
- Heating Fuel: Electric, Propane - Owned
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Water Available, Sewer Available, Electric Available
Structural Information
- Construction: Stick Built
- Roof: Shingle, Asphalt, Flat
- # Loading Docks: 1
- Entry Floor Number: 1
- Stories/Levels: 1
- Year Built: 2018
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Dimensions: 0.00 x 0.00
- Street/Road Desc.: Black Top
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $749.06
- Assessment Year: 2023
- City/TownTax: $12,486
- City/TownTax Freq: Annually
- County Tax: $23,312
- County Tax Freq: Annually
- Tax w/Assessment: $2,834,800
- Tax Amount: $38,888
- Tax Year: 2023
Disclosures and Reports
- Ownership: Condominium
- Exclusions: Personal Items
- Inclusions: As Shown
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Schools
Schools serving 7805B Coastal Hwy #B
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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7805B Coastal Hwy #B
Date
Details
Price
Change
Source
7/26/2023
Sold
$954,870
-70.16%
MLS
5/10/2023
Price Reduced
$3,200,000
-5.88%
MLS
2/21/2023
Listed
$3,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7805B Coastal Highway #B, Ocean City, MD 21842 (MLS# MDWO2012428) is a Business property that was sold at $954,870 on July 26, 2023. This property was listed by Peck Miller from our Ocean City - 123rd Office.Want to learn more about 7805B Coastal Highway #B? 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.


