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1210 Philadelphia Avenue Ocean City, MD $ 2,900,000
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$ 2,900,000 Get more info
1210 Philadelphia Avenue
$ 2,900,000
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1210 Philadelphia Avenue

Ocean City, MD, 21842
$ 2,900,000
Bedrooms-- Baths-- Sq 6,996

Monthly Estimate*

$ 17,856

1210 Philadelphia Avenue, Ocean City, MD 21842 - Image 1
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1210 Philadelphia Avenue, Ocean City, MD 21842 - Image 10
1210 Philadelphia Avenue, Ocean City, MD 21842 - Image 11

Commercial Property for sale in Ocean City, MD

for $2,900,000. This 6,996 square foot building was built in 1968 on a lot size of 0.25.

"Rare Downtown Ocean City Hospitality Compound " Investors you'll love the scalability, multiple income streams and operational flexibility * Located in the heart of downtown Ocean City * This unique hospitality investment opportunity features three separate buildings offering multiple income streams, exceptional guest amenities and prime redevelopment potential in one of the East Coast's most desirable beach destinations * The main building operates as a motel positioned in a highly sought-after downtown location just moments, 1.5 blocks , from the beach, boardwalk, restaurants, nightlife and entertainment. Attached to the main structure is an amenity-focused building featuring a pool, tiki bar and dedicated parking area creating a resort-style atmosphere for guests and visitors alike * The West building includes six additional units along with supplemental parking offering expanded lodging capacity and operational flexibility for short term, seasonal, employee housing or boutique concepts.

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Commercial Active

Price

$ 2,900,000

Property Type

Commercial

Taxes

$ 19,194

Style

Hotel/Motel,Apartment Building,Bed and Breakfast

Lot Size

0.25

Year Built

1968

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2038400
Features
Interior
Heating Fuel Electric
Hot Water Electric 60+ Gallon Tank
Heating Y/N Y
Central Air Y/N N
Total Restrooms 16
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General
Sewer Public Sewer
Heating Other
Cooling Wall Unit Window Unit(s)
Utilities Cable TV Available Electric Available Natural Gas Available Phone Available Water Available
Possession Negotiable
Zoning R-3A
Construction Materials Combination Wood Siding Other
Year Built 1968
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Ocean City
Business Type Hotel/Motel Apartment Building Bed and Breakfast
Accessibility Other
County WORCESTER
New Construction N
Property Type Commercial Sale
Possible Use Hotel/Motel Investment Multi-Family Apartments Bed & Breakfast Commercial
Water Access Y/N N
Status ACTIVE
Directions Downtown Rte 50 East Left on Baltimore Ave Left on 12th Street to Corner of 12th and Philadelphia Ave
City OCEAN CITY
Number Of Units Total 1
MLS Area Ocean Block (82)
Lot Size Units Square Feet
Lot Size Square Feet 10675.00
Tax Annual Amount 19194.0
Price Per Sq Ft Total AG 414.52
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision SINEPUXENT BEACH CO
Tax Lot 2
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Exterior
Parking Features Paved Parking Private
Water Source Public
Inclusions Furnished cameras appliances
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 6996.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.25
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 1210
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* Excluded Features
List By
Sea Grace @ North Beach Realtors

Broker

grace@northbeachrealtors.com

Email

Affordability Calculator

$19,455
Per Month
92%
8%
0%
Monthly Principal & Interest
$17,856
Monthly Property Taxes
$1,600
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
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Pricing History
DatePricePrice ChangeDescription
5/8/2026$2,900,000 Listed Price

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1210 Philadelphia Avenue, Ocean City, MD, 21842 is a Commercial Property for sale at $2,900,000 with 6,996 sqft and a lot size of 0.25. 1210 Philadelphia Avenue was built in 1968. The property's zip code is 21842 which is in Ocean City, MD

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