409 14Th Street 66,
Ocean City,
Maryland MD21842-6733
Listing IDMDWO2011814
Sold For$2,050,000
Price/SqFt$1,529.41
StatusCLOSED
Sold Date4/20/2023
SqFt
1,700
CountyWorcester
Year Built1983
Property TypeCommercial Sale
Property Sub TypeMixed Use
Welcome to a once in a lifetime chance to own a very unique restaurant, business and property...The Reel Inn. You own the land, and the buildings on the land, including the restrooms and the dry storage building. The Reel Inn Restaurant and Bar sits on the docks within the beautiful Harbour Island community and is situated with a gorgeous view of the marina, and all of the beautiful fishing boats contained in the marina. This is a very successful restaurant and is a turn-key operation. The Reel Inn provides food and drink service to the public. It is the home base and the only venue serving food and beverages during the world-famous White Marlin Open fishing tournament. It also offers lunch and dinner, sit down or take out. The lovely lanai also bodes a comfortable seating area where your guests can relax and enjoy themselves while they eat or drink. The Reel Inn provides the only food and beverage service for the pool area for Harbour Island. The Reel Inn also comes with a deeded boat slip # 113. with a 12,000 lb. lift.
County
Worcester
Price/SqFt
1529.41
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Year Built
1983
Zoning
C-1
Building Total SqFt Source
Estimated
Central Air
yes
Cooling Type
Central A/C
Heating
yes
Heating Type
Other
Building Units Total
1
Car Parking Spaces
14
Construction Materials
Mixed
Cooling Fuel
Electric
Heating Fuel
Central
Hot Water
Electric
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
Lot Size Source
Estimated
Lot Size Units
Square Feet
New Construction
no
Sewer Septic
Public Sewer
Total Garage and Parking Spaces
14
Type of Parking
Parking Lot
Water Access
yes
Water Body Type
Canal
Water Oriented
yes
Water Source
Public
Water View
no
Building Name
HARBOUR ISLAND
Country
US
In City Limits
yes
MLS Area
Bayside Waterfront (84)
Municipality
Ocean City
Waterfront
yes
Accessibility Features
2+ Access Exits, Doors - Swing In, Level Entry - Main
Base Off Market Date
2023-04-20T00:00:00+00:00
Business Type
Restaurant/Bar
Days on Market
58
Historic
no
Potential Tenancy
Multiple
Property Manager
Y
Year Assessed
2023
Year Built Source
Assessor
Acceptable Financing
Cash, Conventional, Seller Financing
Association Recreation Fee
N
Automatically Update Tax Values
yes
Buyer Financing
Cash, Owner Financing
Exclusions
Persoanl items
Ground Rent Exists
no
Inclusions
Inventory List of restaurant equipment etc., available upon request
Lease Considered
no
Net SqFt
1600
Ownership Interest
Fee Simple
Possession
Coin w/Sell Sett
Sale Type
Standard
Tax Annual Amount
6280
Tax Assessed Value
445500
Tax Data Updated
no
Tax Lot
66
Tax Year
2023
Vacation Rental
no
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Contact - Listing ID MDWO2011814
Paul Whitney
Listing courtesy of Holiday Real Estate 4105247700
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Holiday Real Estate. Data last updated on Wednesday, April 17th, 2024 02:43:18 PM.
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Holiday Real Estate. Data last updated on Wednesday, April 17th, 2024 02:43:18 PM.
Data services provided by IDX Broker