7500 Coastal Hwy - Hospitality FOR SALE


Ocean City, MD 21842
$3,500,000 USD
443-235-6552
7500 Coastal Hwy, Ocean City, MD for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/26
null | Request Cap Rate

7500 Coastal Hwy
Ocean City, MD 21842


OVERVIEW

Prime investment opportunity! This 28-room motel, situated in the highly desirable 75th Street Ocean block, is an exceptional find in the heart of Ocean City. Surrounded by a variety of popular restaurants, shops, and entertainment options, this property is perfectly positioned to attract tourists and vacationers. Ideal location, just steps from the beach, offering guests easy access to the ocean and nearby attractions. The property features plenty of parking, a rare and valuable asset in this busy resort area. With its manageable size and efficient layout, this motel is well-suited for first-time buyers or seasoned hospitality operators. Whether you're looking to expand your real estate portfolio or dive into the hospitality industry, this motel is a fantastic opportunity with great income potential. Don’t miss the chance to own a piece of Ocean City’s thriving vacation market!

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$221 USD /SF

# OF ROOMS

28

PRICE/ROOM

$125,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Beachcomber Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1986

PARKING SPACES

17

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,578 SF

ZONING

-

APN/PARCEL ID

10-086116

ASK ABOUT THIS PROPERTY

Kevin DeckerCoastal Life Realty GroupMore Info
443-235-6552

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Kevin DeckerCoastal Life Realty GroupMore Info
443-235-6552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.