6300 Coastal Hwy, Ocean City, MD 21842
$1,000,000

MLS#
Mdwo119686
Price
$1,000,000
Standard Status
Active
Waterfront
N

Sale includes two 4770 square foot lots (6300 and 6302 Coastal Highway) for a combined total of 9540 square feet of prime corner and Coastal Highway property.100 foot frontage on the Highway at a high traffic corner. Zoned R-3 with the potential for six units if redeveloped. Current use is non-retail commercial. Two tenants occupy the two story building on corner lot. Parking area lot is tax ID: 10-078628. Upstairs tenant pays $1050 a month and their lease expires May 9th 2021. Downstairs tenant pays $1200 a month and their lease expires September 30th 2021. Buyer should conduct their own due diligence for future development or use.

Exterior Features


Construction Materials
Stick Built
Parking Features
Paved Parking

Interior Features


Heating
Other
Heating Fuel
Electric
Cooling
Central A/c
Hot Water
Other

Additional Details


Acres
0.22
Year Built
1960
New Construction
N
Property Type
Commercial Sale
County
Worcester
Lot Size Dimensions
100 X 95.4