Active

7501 Coastal Hwy

Ocean City MD, 21842

$3,100,000


$532.28 per sqft

Active

5,824 sqft

Commercial

Built in 1960

Welcome to 7501 Coastal Hwy - The PERFECT place to build your business! With four levels of work space and 5800(+/-) sq ft, the possibilities are endless! Right off of Coastal Hwy in Midtown OC guarantees a ton of exposure, with prominent signage right on the strip and plenty of parking in a private, paved lot. Enter the office to find a bright entry that will make your customers feel right at home. With a beautiful fireplace and open space for seating and a large TV or projector, this space is both welcoming and functional. The first level comes equipped with SIX enclosed offices, a large room perfect for meetings or communal workspace, two bathrooms, and two separate areas for supply storage. Head downstairs to find a large, open room at ground floor level with access to the alley behind the building and garage storage. Head up a wide, modern staircase to find another large space perfect for conducting meetings or communal work. This space leads out to a balcony facing 75th St for another entry point or employee breaks. Head up to the third floor to find even more - another FIVE enclosed office spaces, common areas and a kitchen and breakroom. Purchase also includes 102 75th St - Consisting of two separate rental buildings, each containing two 3 BR, 1 BA units. All four rental units come with parking spaces for two cars. A great way to add income! Come see it for yourself today! Please contact listing agents for more information. Lease option is available for interested parties. Looks can be deceiving from the outside but you'll be amazed at the potential of this space! Come see it for yourself today!

MDWO2011340

MLS ID

February 16, 2024

Updated

Map

7501 Coastal Hwy
Ocean City MD, 21842

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.3 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Ocean City


Taxes

$18,271


Tax Frequency

Annually


Days on Market

436


Garage

No


Parking Total

10


View

No


County

WORCESTER


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

1/31/2024

Price Change

$3,100,000

-9%

Listed by Peck Miller, Sarah Ruth Rosenblit with Coldwell Banker Realty
Listing Contact: 4438802341 

The IDX display contains information sourced from the Bright MLS, Inc. as of 2/16/2024. 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 2/16/2024 at 6:00 AM UTC

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