1511 Philadelphia Avenue Ocean City, MD $ 465,000
1511 Philadelphia Avenue
$ 465,000
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1511 Philadelphia Avenue

Ocean City, MD, 21842
$ 465,000
Bedrooms-- Baths-- Sq 1,200

Monthly Estimate*

$ 2,901

1511 Philadelphia Avenue, Ocean City, MD 21842 - Image 1
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Commercial Property for sale in Ocean City, MD

for $465,000. This 1,200 square foot building was built in 2005.

Here is an opportunity to own the Iconic Crab Stop. Located downtown next to the fire station. Step right into a very successful business. Everything is set up and ready to go. Web sites. Yelp account, steamers, boiler, freezer and store front.

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Commercial Active

Price

$ 465,000

Property Type

Commercial

Taxes

$ 6,678

Style

Restaurant/Bar

Year Built

2005

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2017072

Features
Interior
Heating Fuel Electric
Flooring Concrete
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C Other
Possession Immediate
Roof Metal
Zoning COMMERCIAL
Construction Materials Block
Year Built 2005
Electric 220 Volts
Property Subtype Retail
Tax Year 2022
Current Use Food & Beverage
Municipality OCEAN CITY
Business Type Restaurant/Bar
Accessibility None
County WORCESTER
New Construction N
Property Type Business Opportunity
Water Access Y/N N
Status ACTIVE
Directions Between 15th and 16th street bayside Philadelphia Ave
City OCEAN CITY
MLS Area Bayside Interior (83)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Annual Amount 6678.0
Price Per Sq Ft Total AG 387.5
Acceptable Financing Cash Bank Portfolio Private Negotiable
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
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Exterior
Water Source Public
Inclusions Operational equipment
Type of Parking Parking Lot On Street
Water View Y/N N
Building Area Total 1200.00
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1511
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* Excluded Features
List By
Newport Bay Realty

Broker

84michaelross@comcast.net

Email

Affordability Calculator

$3,457
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,901
Monthly Property Taxes
$557
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/14/2023$365,000 Listed Price

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1511 Philadelphia Avenue, Ocean City, MD, 21842 is a Commercial Property for sale at $465,000 with 1,200 sqft. 1511 Philadelphia Avenue was built in 2005. The property's zip code is 21842 which is in Ocean City, MD