7805B Coastal Highway B,
Ocean City,
Maryland MD21842-2826
Listing IDMDWO2012428
Sold For$954,870$2.4M
Price/SqFt$749.06
StatusCLOSED
Sold Date7/26/2023
SqFt
4,272
CountyWorcester
SubdivisionNONE AVAILABLE
Year Built2018
Property TypeCommercial Sale
Property Sub TypeMixed Use
Turnkey Restaurant for Sale 0n a great Ocean City Coastal Hwy location. 300 Seat Restaurant. Additional 2nd Level Deck space for outdoor dining.
Additional parking has been contracted on an adjacent parcel . 72 parking spaces total.
Total SF of Unit B is 4272 SF.
Tax Record address is #2
County
Worcester
Price/SqFt
749.06
Property Sub Type
Mixed Use
Property Type
Commercial Sale
Subdivision
NONE AVAILABLE
Year Built
2018
Zoning
COMMERCIAL
Building Total SqFt Source
Estimated
Central Air
yes
Cooling Type
Central A/C, Heat Pump(s)
Heating
yes
Heating Type
Central, 90% Forced Air
Building Units Total
1
Car Parking Spaces
24
Construction Materials
Stick Built
Cooling Fuel
Electric, Other
Fencing
N
Heating Fuel
Electric, Propane - Owned
Hot Water
Electric
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
New Construction
no
Parking Features
Handicap Parking, Paved Parking, Private, Surface, Unassigned
Road Responsibility
City/County, State
Road Surface Type
Black Top
Roof
Shingle, Asphalt, Flat
Sewer Septic
Public Sewer
Tidal Water
no
Total Garage and Parking Spaces
24
Total Loading Docks
1
Type of Parking
Parking Lot
Utilities
Water Available, Sewer Available, Electric Available
Water Access
no
Water Oriented
no
Water Source
Public
Water View
no
Building Name
NONE AVAILABLE
Country
US
In City Limits
yes
Location Type
Highway
MLS Area
Bayside Interior (83)
Municipality
Ocean City
Transportation
Airport less than 10 miles, Bus Stop less than 1 mile
Waterfront
no
Zoning Description
LC-1
Accessibility Features
2+ Access Exits, 32"+ wide Doors
Base Off Market Date
2023-08-02T00:00:00+00:00
Business Type
Restaurant/Bar, Banquet Facility/Lodge
Days on Market
138
Historic
no
Land Use Code
CC
Municipal Trash
yes
Potential Tenancy
Single
Property Condition
Good
Property Manager
N
Property Use
Owner User
Year Assessed
2023
Year Built Source
Assessor
Acceptable Financing
Cash, Conventional
Association Recreation Fee
N
Automatically Update Tax Values
yes
Buyer Financing
Other
Exclusions
Personal Items
Ground Rent Exists
no
Inclusions
As Shown
Lease Considered
no
Net SqFt
4272
Ownership Interest
Condominium
Possession
Coin w/Sell Sett
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
38888
Tax Assessed Value
2834800
Tax Data Updated
no
Tax Year
2023
Vacation Rental
no
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Contact - Listing ID MDWO2012428
Paul Whitney
Listing courtesy of Coldwell Banker Realty 4105246111
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