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Map
$1,550,000
●
Commercial -
For Sale
8201 COASTAL HWY #23
OCEAN CITY, MD 21842
Studio
0 Bath
$7,611
Estimated Monthly
About This Property
2 UNITS DIRECTLY ON COASTAL HIGHWAY & BUSINESS FOR SALE! RARE
BUSINESS OPPORTUNITY IS KNOCKING BEFORE THE SUMMER SEASON!
CURRENTLY A BEER & WINE STORE BUT CAN BE EASILY CONVERTED TO
ANYTHING YOU DESIRE!
Purchase This Lucrative Building W/ Beer & Wine Store! Two Units Incorporate The Entire Store Which Has Been Recently Remodeled W/ Laminated Floors, Bathroom, Break Room, Storage Room, Newer Heat Pump & Hot Water Heater. Store Comes Totally Furnished W/ Beer/Wine & Drink INVENTORY INCLUDED! Permits Can Be Transferred Once The Buyer's Applications Have Been Accepted By The County. Permits To Include Beer/Wine, Cigarette & Potential Lottery Licenses. All Beverage Chillers, Custom Marble Shelving, Front Counter & POS System As Well As Outdoor Ice Cooler Included In Sale! PLENTY OF PARKING W/ 10 Designated Spots. Store Can Also Be Used For Other Retail Or Restaurant Opportunities. Call Listing Agent For Details!
Purchase This Lucrative Building W/ Beer & Wine Store! Two Units Incorporate The Entire Store Which Has Been Recently Remodeled W/ Laminated Floors, Bathroom, Break Room, Storage Room, Newer Heat Pump & Hot Water Heater. Store Comes Totally Furnished W/ Beer/Wine & Drink INVENTORY INCLUDED! Permits Can Be Transferred Once The Buyer's Applications Have Been Accepted By The County. Permits To Include Beer/Wine, Cigarette & Potential Lottery Licenses. All Beverage Chillers, Custom Marble Shelving, Front Counter & POS System As Well As Outdoor Ice Cooler Included In Sale! PLENTY OF PARKING W/ 10 Designated Spots. Store Can Also Be Used For Other Retail Or Restaurant Opportunities. Call Listing Agent For Details!
Unit Size
-
Days on Market
31 days
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$539
HOA Dues
-
Year Built
-
Listed By
Last updated: 19 days ago (Bright MLS #MDWO2020440)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 22, 2024 | Listed by Coastal Life Realty Group LLC | $1,550,000 | |
| Listed by Coastal Life Realty Group LLC | |||
Property Highlights
Air Conditioning
Parking Details
Parking Features: Parking Lot
Total Garage and Parking Spaces: 10
Interior Details
Interior Information
Flooring Type: Laminated
Exterior Details
Property Information
Ownership Interest: Other
Property Condition: Excellent
Year Built Source: Assessor
Building Information
Roof: Architectural Shingle
Construction Materials: Frame, Stick Built, Wood Siding
Lot Information
Cleared
Tidal Water: N
Lot Size Dimensions: 0.00 x 0.00
Land Information
Land Assessed Value: $458,800
Financial Details
County Tax: $3,877
County Tax Payment Frequency: Annually
City Town Tax: $2,077
City Town Tax Payment Frequency: Annually
Tax Assessed Value: $458,800
Tax Year: 2023
Tax Annual Amount: $6,467
Year Assessed: 2023
Lease Considered: Yes
Utilities Details
Central Air
Cooling Type: Central A/C
Heating Type: Forced Air
Cooling Fuel: Electric
Heating Fuel: Electric
Hot Water: Electric
Sewer Septic: Public Sewer
Water Source: Public
8201 COASTAL HWY #23, OCEAN CITY, MD, 21842
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
House
5
Beds
5
Baths
3,244 ft²
$459/ft²
$1,490,000
Jul 20, 2023
$1,490,000
Aug 18, 2023
$327/mo
Townhouse
5
Beds
4
Baths
3,285 ft²
$476/ft²
$1,562,500
May 4, 2023
$1,562,500
Sep 22, 2023
-
Sold
House
5
Beds
5
Baths
3,244 ft²
$408/ft²
$1,325,000
Jun 2, 2023
$1,325,000
Jul 1, 2023
$327/mo
Sold
House
4
Beds
6
Baths
3,920 ft²
$457/ft²
$1,790,000
Apr 7, 2023
$1,790,000
May 22, 2023
$327/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
8201 Coastal Highway
8201 Coastal Highway, Ocean City, MD 21842
- 1 Unit for Sale
About Ocean City
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Listed by: Tina Dorsey
Coastal Life Realty Group LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDWO2020440
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc.
Coastal Life Realty Group LLC
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDWO2020440
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
