$ 2,450,000
-
$2,450,000
Price -
0
Bed -
0
Bath -
8,092
SqFt
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About the Listing KARSON1 - 3255890
Seize the opportunity to own a well-established and loved 21-room hotel, located just steps from the beach in a vibrant downtown setting. Positioned on the coveted ocean block, the hotel is perfectly situated for beachgoers and is surrounded by the bustling amenities of downtown, including restaurants, shops, and entertainment options. With over two decades of operation, this hotel has built a loyal customer base, ensuring a steady stream of repeat clients and positive word-of-mouth referrals. The long-standing family management has fostered a warm and inviting atmosphere, making guests feel at home while providing a high standard of service. King Charles guest are also family! There is immense opportunity for expansion and enhancement through additional services, marketing strategies, or renovations to capitalize on its prime location and existing popularity. This is a rare chance to acquire a successful hospitality business with deep-rooted community ties and a proven track record. Don’t miss out on the chance to build upon this legacy and continue welcoming guests to their beloved seaside retreat! Contact us for more information and to schedule a viewing.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Commercial Sale
MLS ®
MDWO2035580
Year Built
1950
Total Square Footage
8,092
Lot/Acreage
0.14
County
Worcester
Building Name
NONE AVAILABLE
Area
Ocean Block (82)
School District
Worcester County Public Schools
High School
Stephen Decatur
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall Unit
- Heating:
- Fireplaces:
- Floor: Carpet,Hardwood,Laminated
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 22
- Lot Dimensions: 0.00 x 0.00
- Zoning: R3A
- Roof: Shingle
- Others: Very Good
- Sewer: Public Sewer
- Parking Features: Paved Parking,Parking Lot,Leased to Off Site,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $14,494
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
1209 N Baltimore Ave Ocean City, MD 21842
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