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Arshia Kia

arshia.kia@exprealty.com +1(571) 403-0203

Listed by Kevin E Decker • Coastal Life Realty Group LLC

$ 7,500,000

Est. payment | -/mo

9,500 Sqft Lot

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$ 7,500,000

Est. payment | -/mo

Save

9,500 Sqft Lot

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWO2042252

Year Built 1965

Annual Tax Amount $24,488

Tax Year 2026

Lot Size 9,500 Sqft

Acres 0.22

Lot Dimensions 0.00 x 0.00

Property Sub-Type Other

Source BRIGHT

Property Description

Rare investment opportunity in Ocean City, Maryland! This unique four-parcel package includes three income-producing properties and an additional waterfront canal parking lot, all being sold together. The portfolio features the Crystal Sands Motel, a 25-room ocean-block motel on 17th Street, just a short walk to the beach and famous Ocean City Boardwalk, along with two 7-unit apartment buildings located at 609 Philadelphia Avenue and 205 11th Street in downtown Ocean City. The motel offers onsite parking, with additional parking available at the nearby canal-front lot. All buildings have been well maintained, upgraded, and are currently income-producing. This diverse portfolio offers investors the opportunity to own a combination of motel and multifamily assets in one of the East Coast's most popular vacation destinations. Conveniently located near the beach, Boardwalk, and downtown attractions, this is a unique opportunity to acquire multiple established income-producing properties in one package.

Location

State MD

County Worcester

Area Worcester East Of Rt-113

Zoning R-3

Interior

Hot Water Electric

Heating Other

Cooling Window Unit(s)

Flooring Carpet

Heat Source Electric

Exterior

Garage Spaces 28.0

Water Access N

Accessibility None

Road Frontage Public

Total Parking Spaces 28

Garage N

Building

Lot Description Cleared

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Worcester County Public Schools

Others

Tax ID 2410041457

Ownership Fee Simple

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(571) 403-0203

arshia.kia@exprealty.com

2000 Duke St, Suite 300, Alexandria

1705 N BALTIMORE AVE Ocean City, MD 21842

Arshia Kia

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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1705 N BALTIMORE AVE