12817 Harbor Road Ocean City, MD ^$ 6,500,000

12817 Harbor Road

^$ 6,500,000

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12817 Harbor Road

Ocean City, MD, 21842

^$ 6,500,000

Bedrooms-- Baths-- Sq 69,874

Monthly Estimate*

^$ 40,552

12817 Harbor Road, Ocean City, MD 21842 - Image 1

12817 Harbor Road, Ocean City, MD 21842 - Image 2

12817 Harbor Road, Ocean City, MD 21842 - Image 3

12817 Harbor Road, Ocean City, MD 21842 - Image 4

12817 Harbor Road, Ocean City, MD 21842 - Image 5

12817 Harbor Road, Ocean City, MD 21842 - Image 6

Commercial Property for sale in Ocean City, MD

for $6,500,000. This 69,874 square foot building was built in 2022 on a lot size of 0.55.

Investment opportunity located on Harbor Rd in West Ocean City. Four parcels to include Pier 23 Restaurant, Apartment Building and Parking Lot directly across the street. Unique Deepwater Marina Fronting Location w/ 11 Boat Slips. Fully Equipped Restaurant. Income from Apartment Building.

Commercial Active

Price

^$ 6,500,000

Property Type

Commercial

Taxes

^$ 21,277

Style

Apartment Building,Flex,Restaurant/Bar

Lot Size

0.55

Year Built

2022

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2026698

Features

Interior

Heating Fuel Other

Hot Water Other

Central Air Y/N N

General

Sewer Public Sewer

Heating None

Cooling Other

Possession Settlement

Zoning CM

Construction Materials Metal Siding

Year Built 2022

View Bay

Property Subtype Mixed Use

Tax Year 2024

Ownership Fee Simple

Cool Fuel Other

Business Type Apartment Building Flex Restaurant/Bar

Accessibility Other

County WORCESTER

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Route 50 East to Golf Course Rd to Harbor Rd

City OCEAN CITY

Number Of Units Total 2

MLS Area West Ocean City (85)

Lot Size Units Square Feet

Lot Size Square Feet 24024.00

Tax Annual Amount 21277.0

Price Per Sq Ft Total AG 3263.05

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Legal Subdivision OCEAN CITY HARBOR SUB SEASIDE

Tax Lot 44

Exterior

Water Source Other

Type of Parking Parking Lot

Water View Y/N Y

Building Area Total 1992.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.55

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 0.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 12817

* Excluded Features

List By

Rinnier Development Co

Broker

brinnier@rinnier.com

Affordability Calculator

$42,325

Per Month

Monthly Principal & Interest: $40,552
Monthly Property Taxes: $1,773
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Ocean City, MD

Average List Price ^$1,993,740

Percent of Sale Price 69%

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
3/14/2025	$6,500,000	-7.14%	Price Down
10/31/2024	$7,000,000		Listed Price

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12817 Harbor Road, Ocean City, MD, 21842 is a Commercial Property for sale at $6,500,000 with 69,874 sqft and a lot size of 0.55. 12817 Harbor Road was built in 2022. 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 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.

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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12817 Harbor Road

Commercial Property for sale in Ocean City, MD

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