MD > Ocean City
Ocean City, MD 21842,7501 COASTAL HWY
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Ocean City, MD 21842,7501 COASTAL HWY
Ocean City, MD 21842,7501 COASTAL HWY
Ocean City, MD 21842,7501 COASTAL HWY
Ocean City, MD 21842,7501 COASTAL HWY
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Susan Mangigian

Susan Mangigian

+1(610) 325-4100
$ 2,350,500
Est. payment /mo
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Active

7501 COASTAL HWY Ocean City, MD 21842

5,824 SqFt

UPDATED:

10/02/2024 05:06 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,824 sqft

Price per Sqft $403

MLS Listing ID MDWO2011340

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $18,271

Tax Year 2023

Lot Size 0.300 Acres

Acres 0.3

Lot Dimensions 0.00 x 0.00

Property Description

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. Listed separately, but available to accompany purchase, is 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! 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!

Location

State MD

County Worcester

Area Bayside Interior (83)

Zoning LC-1

Interior

Hot Water Electric

Heating Other

Cooling Ductless/Mini-Split

Heat Source Electric

Exterior

Garage Spaces 10.0

Waterfront N

Water Access N

Roof Type Unknown

Accessibility 32\"+ wide Doors, Other

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Ocean City

Middle Schools Stephen Decatur

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Tax ID 2410086914

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Peck Miller • Coldwell Banker Realty

Susan Mangigian

Agent | RMPREF-RS152252A

+1(610) 325-4100

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