1900 PHILADELPHIA AVE Active Save Request In-Person Tour Request Virtual Tour
Ocean City,MD 21842
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,996 sqft
Price per Sqft $399
MLS Listing ID MDWO2022922
Year Built 1954
Annual Tax Amount $32,139
Tax Year 2024
Lot Size 0.813 Acres
Property Description
Tremendous opportunity to own an existing family run 49 unit motel. Located only a few steps from our famous boardwalk, ocean and numerous attractions. The Cabana Motel has been up and running in Ocean City in excess of 50 years with many repeat customers. In addition, this could be one of your best opportunities for a massive redevelopment. 6 lots of commercial land, total sq footage of 35,400. The possibilities are endless. Call listing agent for all details and showings. Please note, there are several excluded buyers, before starting the process call listing agent to discuss.
Location
State MD
County Worcester
Area Ocean Block (82)
Zoning LC-1
Interior
Hot Water Electric
Heating Wall Unit
Cooling Multi Units,Wall Unit
Flooring Concrete
Equipment Negotiable
Exterior
Garage Spaces 50.0
Utilities Available Cable TV Available,Electric Available,Natural Gas Available
Water Access N
View Street
Roof Type Unknown
Building
Lot Description Cleared,Corner
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Ocean City
Middle Schools Stephen Decatur
High Schools Stephen Decatur
School District Worcester County Public Schools
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard