207 Saint Louis Avenue Ocean City, MD ^$ 1,900,000

207 Saint Louis Avenue

^$ 1,900,000

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207 Saint Louis Avenue

Ocean City, MD, 21842

^$ 1,900,000

Bedrooms-- Baths-- Sq 4,560

Monthly Estimate*

^$ 11,699

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Commercial Property for sale in Ocean City, MD

for $1,900,000. This 4,560 square foot building was built in 1940 on a lot size of 0.16.

Looking for the perfect investment? Look no further than 207 Saint Louis! Completely updated and ready for a new owner. Property consists of two buildings, one main building containing ten bedrooms and a rear building containing two additional units and the on-site laundry room. These units have been fully rented each season, resulting in just over $150,000 in income per year with the current rental schedule with opportunity for more! The current owners have made thoughtful updates to the property, which include newer flooring, kitchens, bathrooms, and security features, in addition to siding and exterior updates that add to the curb appeal of the property. Call to schedule your showing today!

Commercial Active

Price

^$ 1,900,000

Property Type

Commercial

Taxes

^$ 6,245

Style

Apartment Building

Lot Size

0.16

Year Built

1940

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2036988

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Forced Air

Cooling Central A/C

Possession Coin w/Sell Sett

Zoning DR

Construction Materials Stick Built

Year Built 1940

Property Subtype Five Or More Units

Tax Year 2025

Ownership Fee Simple

Cool Fuel Electric

Municipality Ocean City

Business Type Apartment Building

Accessibility None

County WORCESTER

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions GPS. St Louis South Property on Right.

City OCEAN CITY

Number Of Units Total 12

MLS Area Bayside Interior (83)

Lot Size Units Square Feet

Lot Size Square Feet 7100.00

Tax Annual Amount 6245.0

Price Per Sq Ft Total AG 479.8

Acceptable Financing Cash Conventional Other

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Legal Subdivision SINEPUXENT BEACH CO

Tax Lot 11

Exterior

Parking Features Paved Parking Private

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 3960.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.16

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 1 207

* Excluded Features

List By

Coldwell Banker Realty

Broker

peck@peckmiller.com

Affordability Calculator

$12,219

Per Month

Monthly Principal & Interest: $11,699
Monthly Property Taxes: $520
Monthly Home Insurance: --

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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

Trends
Schools

Commerical listings in Ocean City, MD

Average List Price ^$3,090,533

Percent of Sale Price 63%

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
3/14/2026	$1,900,000		Listed Price

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207 Saint Louis Avenue, Ocean City, MD, 21842 is a Commercial Property for sale at $1,900,000 with 4,560 sqft and a lot size of 0.16. 207 Saint Louis Avenue was built in 1940. 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 6.25% 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.

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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207 Saint Louis Avenue

Commercial Property for sale in Ocean City, MD

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