Address
9801/9805 Golf Course Road, Ocean City, MD
Price
$ 1,099,000
Property Attributes
- MLS#MDWO2019110
- TypeCommercial
- CountyWORCESTER
- CityOcean City
- AreaWorcester East of Rt-113
- NeighborhoodWest Ocean City
- Zip21842
- StyleApartment Building,Bed and Breakfast,Day Care Faci
- Year Built1940
- Taxes$ 1487
- Price$ 1,099,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1712
- Lot Size0.37 Acres
Data Source:
Bright MLS
Property Description
Commercial Investment Opportunity in West Ocean City, MD. Located directly across from the acclaimed Sello's Restaurant, this commercial property in the heart of West Ocean City, Maryland, offers a unique investment opportunity with limitless potential. Comprising two parcels, the property features two beautifully updated cottages, promising a blend of charm and modern convenience. Cottage one offers a cozy retreat with one bedroom, one bath, living area, kitchen, and front porch perfect for a private getaway or an intimate holiday rental. The second cottage, with two bedrooms, one bath, living room, dining room, and kitchen provides ample space for small families or groups, ensuring comfort and relaxation for all guests. Each cottage was thoughtfully updated and renovated in 2020. Zoned C-2, this property presents an unparalleled advantage. Whether you envision a bustling retail space, an exclusive office, or continue thriving as short-term rentals, the possibilities are as vast as your imagination. The strategic zoning ensures you have the flexibility to bring your vision to life, making this not just an investment in real estate, but in the endless potential of West Ocean City itself. Location is everything, and this property does not disappoint. A leisurely stroll will take you to the Ocean City Fishing Harbor with the public boat ramp and Sunset Marina, where the beauty of our fishing community can be fully appreciated. For beach lovers, the sandy shores of Ocean City, MD, are just 4 miles away, offering sun, surf, and entertainment. Assateague Island, known for its wild ponies and pristine beaches, is just 6 miles away. Currently utilized as short-term rentals, this property has already proven its value and appeal. The demand for unique, comfortable accommodations in West Ocean City is high, making this a turn-key investment with immediate returns. However, with C2 zoning, your options are open, allowing you to redefine the space to meet your goals. Don't miss this chance to own a piece of West Ocean City's charm. Whether you're looking to expand your portfolio, start a new venture, or simply own a piece of this beloved Maryland treasure, this property offers the perfect foundation for your dreams.
| Price History | |
|---|---|
| 3/4/2024 | Listed $1,299,000 |
| 4/9/2024 | 8% - $1,199,000 |
| 5/2/2024 | 5% - $1,149,000 |
| 5/20/2024 | 5% - $1,099,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Energy Star Heating System |
| Cooling | Central A/C |
| Utilities | Cable TV Available,Phone Available |
| Possession | Settlement |
| Roof | Architectural Shingle |
| Zoning | C-2 |
| Construction Materials | Concrete,Stick Built,Vinyl Siding |
| Year Built | 1940 |
| Property SubType | Land for Commercial Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Gross Income | 70000.00 |
| Business Type | Apartment Building,Bed and Breakfast,Day Care Facility,Hair Salon and Spa,Hotel/Motel,Medical,Other/General Retail,Parking Lot,Restaurant/Bar,Storage,Other |
| Accessibility | None |
| County | WORCESTER |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | WEST OCEAN CITY |
| Water Access Y/N | No |
| Property Use | Investment |
| Transportation | Bus Stop less than 1 mile |
| Status | ACTIVE |
| Directions | From Route 50 take a right on to Golf Course Rd. Cottages on the right across the street from Sellos. |
| ModificationTimestamp | 2024-05-20T16:08:40 |
| City | OCEAN CITY |
| Buyer Agent Compensation | 2.5 |
| Total Units | 1 |
| MLS Area | Worcester East of Rt-113 |
| Lot Size Square Feet | 16200.00 |
| Tax Assessed Value | 155400.0 |
| Waterfront Y/N | No |
| Street Name | GOLF COURSE |
| Tax Annual Amount | 1487.0 |
| Property Condition | Excellent |
| Price Per Sq Ft Total | 641.94 |
| Vacation Rental Y/N | No |
| Days on Market | 77 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Legal Subdivision | Ocean City Heights |
| Tax Lot | 13 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Electric |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | ROAD |
| Central Air Y/N | Yes |
Exterior Features
| Water Source | Well |
|---|---|
| Total Parking Spaces | 50 |
| Type of Parking | Driveway |
| Land Use Code | R |
| Foundation Details | Block |
| Water View Y/N | No |
| Building Area Total | 1712.00 |
| Lot Dimensions | 0.00 x 0.00 |
| Lot Size Acres | 0.37 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 0.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
| Car Parking Spaces | 50 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21842
Price
Taxes
Visits
Year Built
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