2001-lot 125 Herring Way, Ocean City, MD 21842
$600,000

MLS#
Mdwo105954
Price
$600,000
Standard Status
Active
Waterfront
Y

Great opportunity to own 1 or 2 lots-125 and 126 on the waterfront in Downtown Ocean City. 16,250 total sq. ft. of LC1 commercial zoned property on Herring Way. This was part of the Islander Motel and the owner demolished the buildings and manicured the lot for easy redevelopment for new owners. Fencing on the bulk headed waterfront has been replaced by owner and currently has 9+boat slips-4+each- for use by the new buyers. 1 water/sewer hook ups on each lot at the property. Creative owner financing with approved credit with minimum down payment & possible deferred payments with a balloon payment due when negotiated. Lots can be sold together for $1.2 million. Each lot has its own water and sewer connection. Call listing agents for details.

Exterior Features


View
Canal, bay
Construction Materials
Other
Water Body Type
Canal

Interior Features


Heating
Other
Heating Fuel
None
Cooling
None
Hot Water
None

Additional Details


Acres
0.37
Year Built
1950
New Construction
N
Property Type
Commercial Sale
County
Worcester
Lot Size Dimensions
0.00 X 0.00