1209 N Baltimore Avenue Ocean City, MD $ 2,450,000
1209 N Baltimore Avenue
$ 2,450,000
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1209 N Baltimore Avenue

Ocean City, MD, 21842
$ 2,450,000
Bedrooms-- Baths-- Sq 8,092

Monthly Estimate*

$ 15,085

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Commercial Property for sale in Ocean City, MD

for $2,450,000. This 8,092 square foot building was built in 1950 on a lot size of 0.14.

Seize the opportunity to own a well-established and loved 21-room hotel, located just steps from the beach in a vibrant downtown setting. Positioned on the coveted ocean block, the hotel is perfectly situated for beachgoers and is surrounded by the bustling amenities of downtown, including restaurants, shops, and entertainment options. With over two decades of operation, this hotel has built a loyal customer base, ensuring a steady stream of repeat clients and positive word-of-mouth referrals. The long-standing family management has fostered a warm and inviting atmosphere, making guests feel at home while providing a high standard of service. King Charles guest are also family! There is immense opportunity for expansion and enhancement through additional services, marketing strategies, or renovations to capitalize on its prime location and existing popularity. This is a rare chance to acquire a successful hospitality business with deep-rooted community ties and a proven track record. Dont miss out on the chance to build upon this legacy and continue welcoming guests to their beloved seaside retreat! Contact us for more information and to schedule a viewing.

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Commercial Active

Price

$ 2,450,000

Property Type

Commercial

Taxes

$ 14,494

Style

Hotel/Motel

Lot Size

0.14

Year Built

1950

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2035580

Features
Interior
Heating Fuel Propane - Metered
Flooring Carpet Hardwood Laminated
Hot Water 60+ Gallon Tank Natural Gas
Total Stories 4
Heating Y/N Y
Central Air Y/N N
Entry Level 1
Number of Elevators 0
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General
Sewer Public Sewer
Heating Other
Cooling Wall Unit
Utilities Cable TV Electric Available Phone Sewer Available Water Available
Possession 0-30 Days CD
Roof Shingle
Zoning R-3A
Security Features Desk in Lobby Carbon Monoxide Detector(s) Monitored Smoke Detector Surveillance Sys
Construction Materials Combination Vinyl Siding
Exclusions Everything but owners personal belongings
Year Built 1950
Property Subtype Five Or More Units
Tax Year 2025
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
Possible Use Hotel/Motel Development Investment
Water Access Y/N N
Status ACTIVE
Directions Located on Baltimore Ave past 12th Street on left hand side.
City OCEAN CITY
Disclosures Other
Number Of Units Total 1
MLS Area Ocean Block (82)
Lot Size Units Square Feet
Lot Size Square Feet 6227.00
Tax Annual Amount 14494.0
Property Condition Very Good
Price Per Sq Ft Total AG 302.77
Acceptable Financing Cash Conventional Joint Venture Negotiable
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Legal Subdivision SINEPUXENT BEACH CO
Tax Lot 13
Association Recreation Fee N
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Exterior
Parking Features Paved Parking
Water Source Public
Inclusions Everything but owners personal belongings
Type of Parking Parking Lot Leased to Off Site On Street
Water View Y/N N
Building Area Total 8092.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.14
Road Surface Type Alley Black Top Paved
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 0.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1209
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* Excluded Features
List By
Karson Keys

Broker

rentals@karsonskeys.com

Email

Affordability Calculator

$16,293
Per Month
93%
7%
0%
Monthly Principal & Interest
$15,085
Monthly Property Taxes
$1,208
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/14/2026$2,450,000 Listed Price

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1209 N Baltimore Avenue, Ocean City, MD, 21842 is a Commercial Property for sale at $2,450,000 with 8,092 sqft and a lot size of 0.14. 1209 N Baltimore Avenue was built in 1950. The property's zip code is 21842 which is in Ocean City, MD