$3,400,000
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1001 Philadelphia Avenue Ocean City, MD 21842 Municipality: Ocean City
Office
Residence
Beds
Baths
...
Bed/Bath
5,833
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
Excellent investment opportunity for a rare high traffic property offering a free standing Medical building Property consist of large .50+ acre lot, 5,833 sqft building, and 26 parking spaces. Currently occupied by well known medical practice tenant with NNN Lease. This property has a very high traf...fic count and visibility. Demographics for Ocean City is one of the largest tourist attraction for Maryland, In the summer weekends the city hosts between 320,000 and 345,000 vacationers, and up to 8 million visitors annually. During the summer, Ocean City becomes the second most populated municipality in Maryland offering over 200 public and private events that holds over 10,000 hotel rooms and 25,000 condominiums. This particular piece of property in considered a very large parcel in the downtown location. With a number of possibilities it could accommodate large hotel or condominiums for redevelopment. Call direct for more information.
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MLS#
MDWO2002438
Property Type
Office
Year Built
1961
Square Feet
5,833
sq. ft
Price per Sq. Ft.
$582.89
Lot Size
0.56
Sewer
Public Sewer
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.
Source: Walk Score®
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