3100 N Baltimore Avenue Ocean City, MD ^$ 3,995,000

3100 N Baltimore Avenue

^$ 3,995,000

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3100 N Baltimore Avenue

Ocean City, MD, 21842

^$ 3,995,000

Studio Baths0.0 Sq 10,594

Monthly Estimate*

^$ 23,926

3100 N Baltimore Avenue, Ocean City, MD 21842 - Image 1

3100 N Baltimore Avenue, Ocean City, MD 21842 - Image 2

Studio

Commercial Property for sale in Ocean City, MD

for $3,995,000. This 10,594 square foot building was built in 1962 on a lot size of 0.33.

The Simple Life Motel- 32 Total Rooms. 23 standard -remodeled Ocean Block rooms with a Ocean View, 9 large efficiencies also remodeled. Private office, ample storage, off street parking. Located just 3.5 blocks from Ocean Cities famous boardwalk. Not to mention, less than 75 feet from the Atlantic Ocean. No busy street to cross to get to the beach. Call listing agent for all financial information. LETTER OF PREQUALIFICATION REQUIRED FOR FINANCIALS.

Commercial Active

Price

^$ 3,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 36,636

Style

Hotel/Motel

Lot Size

0.33

Year Built

1962

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2017274

Features

Interior

Heating Fuel Electric

Flooring Carpet Concrete

Hot Water Multi-tank Tankless

Heating Y/N Y

Central Air Y/N N

Number of Elevators 0

General

Sewer Public Sewer

Heating Wall Unit

Cooling Wall Unit

Utilities Cable TV Available Natural Gas Available

Possession 0-30 Days CD

Roof Built-Up Flat

Zoning R-3

Security Features Desk in Lobby Electric Alarm

Construction Materials Block

Year Built 1962

Electric 150 Amps

View Ocean

Property SubType Five Or More Units

Tax Year 2024

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality Ocean City

Business Type Hotel/Motel

Building Name NONE AVAILABLE

Accessibility None

County WORCESTER

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Baltimore Avenue to 31st Street and oceanside property on right.

City OCEAN CITY

Disclosures None

NumberOfUnitsTotal 1

MLS Area Ocean Block (82)

Lot Size Units Square Feet

Lot Size Square Feet 14200.00

Waterfront Y/N N

Tax Annual Amount 36636.0

Property Condition Very Good

Price Per Sq Ft Total AG 377.1

Acceptable Financing Cash Conventional

Lease Considered Y/N N

Vacation Rental Y/N N

Days on Market 333

Standard Status Active

Year Built Source Assessor

Tax Lot 5

Exterior

Parking Features Private

Lot Features Cleared Corner

Water Source Public

Type of Parking Parking Lot

Foundation Details Slab

Water View Y/N Y

Building Area Total 10594.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.33

Lot Size Source Assessor

Other Equipment None

Road Responsibility City/County

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 3100

* Excluded Features

List By

Coldwell Banker/Bud Church Rea

Broker

kenchurch7@aol.com

Affordability Calculator

$26,979

Per Month

Monthly Principal & Interest: $23,926
Monthly Property Taxes: $3,053
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% 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

Trends
Schools

Commerical listings in Ocean City, MD

Average List Price ^$1,943,245

Percent of Sale Price 51%

About Ocean City, MD

7,846 Population

-23% Since 2002

^$59,005 Median Income

50.85 Median Age

15% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/25/2023	$3,995,000		Listed Price

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3100 N Baltimore Avenue, Ocean City, MD, 21842 is a Commercial Property for sale at $3,995,000 with 10,594 sqft and a lot size of 0.33. 3100 N Baltimore Avenue is a studio with 0.0 baths and was built in 1962. The property's zip code is 21842 which is in Ocean City, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

Real estate listings held by brokerage firms other than Weichert, Realtors® are marked with the Broker Reciprocity icon (a little black house) and detailed information about each listing includes the name of the listing broker.

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3100 N Baltimore Avenue

Commercial Property for sale in Ocean City, MD

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