Active
1900 Philadelphia Ave
Ocean City MD, 21842
$5,195,000
$399.74 per sqft
Active
12,996 sqft
Commercial
Built in 1954
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.
MDWO2022922
MLSⓇ ID
August 24, 2024
Listed
December 16, 2024
Updated
Map
1900 Philadelphia Ave
Ocean City MD, 21842
Interior Features
Interior Features
Concrete
Appliances
Electric Water Heater
Floor Description
Concrete
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Electric
Exterior/Building Features
Lot Size
0.81 Acres
Lot Features
Cleared, Corner Lot
Sewer
Public Sewer
Other Property Details
Area Name
Ocean City
Taxes
$32,139
Tax Frequency
Annually
Days on Market
115
Garage
No
Parking Total
50
View
Yes
View Description
Street
County
WORCESTER
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
12/16/2024 | Price change | $5,195,000 -6% |
9/20/2024 | Price change | $5,495,000 -4% |
Listed by Coldwell Banker/Bud Church Rea
Listing Contact: 4105247888
The IDX display contains information sourced from the Bright MLS, Inc. as of 12/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 12/16/2024 at 9:49 PM UTC
