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12614 Ocean Gateway Ocean City, MD $ 3,500,000
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$ 3,500,000 Get more info
12614 Ocean Gateway
$ 3,500,000
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12614 Ocean Gateway

Ocean City, MD, 21842
$ 3,500,000
Bedrooms-- Baths-- Sq 11,133

Monthly Estimate*

$ 21,835

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Commercial Property for sale in Ocean City, MD

for $3,500,000. This 11,133 square foot building was built in 1965 on a lot size of 1.82.

Rare West Ocean City opportunity. Purchase and run the updated and restored Shaka Pool Bar & Grill and the Quiet Sun Resort Cottages or utilize the property for its redevelopment potential. The property includes 40 residential cottages, a Restaurant that includes an indoor bar, large pool with attached pool bar and indoor and outdoor dining areas. There is also a community kitchen and laundry room with an additional bar to the rear of the property for residential guests. This location sits on 1.82 Acres with over 160 feet of direct RT 50 frontage and is minutes from downtown Ocean City and just a short drive to Assateague Island. Will consider owner financing for qualified parties.

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 17,590

Style

Hotel/Motel,Restaurant/Bar

Lot Size

1.82

Year Built

1965

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2032610
Features
Interior
Heating Fuel Other
Hot Water Other
Central Air Y/N N
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General
Sewer Public Sewer
Heating None
Cooling Other
Possession Settlement
Zoning C-2
Construction Materials Other
Year Built 1965
Property Subtype Special Purpose
Tax Year 2024
Ownership Fee Simple
Cool Fuel Other
Business Type Hotel/Motel Restaurant/Bar Other
Accessibility Other
County WORCESTER
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Directly on Route 50 east bound in West Ocean City between the Keyser Point Rd and Route 611 traffic signals. Next to the Holiday Inn Express and across the street from Baja Amusements and the White
City OCEAN CITY
Number Of Units Total 6
MLS Area West Ocean City (85)
Lot Size Units Square Feet
Lot Size Square Feet 79279.00
Tax Annual Amount 17590.21
Price Per Sq Ft Total AG 314.38
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 11133.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 1.82
Lot Size Source Assessor
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 12614
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* Excluded Features
List By
Nai Coastal

Broker

christian@naicoastal.com

Email

Affordability Calculator

$23,301
Per Month
94%
6%
0%
Monthly Principal & Interest
$21,835
Monthly Property Taxes
$1,466
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
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Pricing History
DatePricePrice ChangeDescription
11/7/2025$3,500,000 -10.26% Price Down
8/14/2025$3,900,000 Listed Price

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12614 Ocean Gateway, Ocean City, MD, 21842 is a Commercial Property for sale at $3,500,000 with 11,133 sqft and a lot size of 1.82. 12614 Ocean Gateway was built in 1965. The property's zip code is 21842 which is in Ocean City, MD

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