110 75Th Street Ocean City, MD ^$ 2,200,000

110 75Th Street

^$ 2,200,000

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110 75Th Street

Ocean City, MD, 21842

^$ 2,200,000

Studio Baths0.0 Sq 24,000

Monthly Estimate*

^$ 15,368

110 75Th Street, Ocean City, MD 21842 - Image 1

110 75Th Street, Ocean City, MD 21842 - Image 2

Studio

Commercial Property for sale in Ocean City, MD

for $2,200,000. This 24,000 square foot building was built in 1958 on a lot size of 0.55.

Commercial Active

Price

^$ 2,200,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 20,000

Style

Lot Size

0.55

Year Built

1958

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2018650

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Street Suffix STREET

Central Air Y/N N

General

Sewer Lateral/Tap off Main

Heating Baseboard - Electric

Cooling Window Unit(s)

Possession Immediate

Zoning R2 & LC1

Construction Materials Wood Siding

Year Built 1958

View Bay Water

Property SubType Land for Commercial Use

Tax Year 2018

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality OCEAN CITY

Business Type Other

Accessibility None

County WORCESTER

New Construction N

Property Type Commercial Sale

Subdivision Name NONE AVAILABLE

Possible Use Commercial

Water Access Y/N N

Status ACTIVE

Directions Located on 75th Street bayside which include all three parcels with rental cottages comprising of approximately .5 acres.

City OCEAN CITY

Buyer Agent Compensation 2.25

MLS Area Bayside Interior (83)

Lot Size Square Feet 24000.00

Waterfront Y/N N

Street Name 75TH

Tax Annual Amount 20000.0

Price Per Sq Ft 440.0

Acceptable Financing Cash Conventional

Historic Y/N N

Vacation Rental Y/N N

Days on Market 79

Standard Status Active

Year Built Source Estimated

Legal Subdivision Oceanbay City

Tax Lot 15 16 17 18

Buyer Agent Compensation Type % Of Gross

Exterior

Lot Features Corner

Water Source Lateral Not Installed/Must Tap Off Main Public

Type of Parking Driveway

Water View Y/N Y

Building Area Total 5000.00

Lot Size Acres 0.55

Lot Size Units Square Feet

Lot Size Source Estimated

Road Responsibility Public

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 110

* Excluded Features

List By

Nai Coastal

Broker

chris@naicoastal.com

Affordability Calculator

$17,034

Per Month

Monthly Principal & Interest: $15,368
Monthly Property Taxes: $1,667
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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 ^$1,822,074

Percent of Sale Price 17%

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
1/29/2024	$2,200,000		Listed Price

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110 75Th Street, Ocean City, MD, 21842 is a Commercial Property for sale at $2,200,000 with 24,000 sqft and a lot size of 0.55. 110 75Th Street is a studio with 0.0 baths and was built in 1958. 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 7.49% 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.

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110 75Th Street

Commercial Property for sale in Ocean City, MD

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