12445 Ocean Gateway , #123456

Ocean City, MD 21842
  • $1,550,000
  • STATUS: Active
  • ON SITE: 356 days
  • ID#: WO9676422
$1,550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,000
    SQFT
  • $172
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1989
County:
Area:

School Ratings & Info

Description

WEST OCEAN CITY. What an opportunity! 2 Ocean City Restaurants under one roof. Turn-Key operation w/equipment, furnishings. 6 Commercial condo units totaling 9,000SF of space. 2 restaurants connected, rooms on the 2nd floor. Sports bar & brick-oven pizzeria, in addition to fine dining areas. Pizza oven stone imported from Italy. Updates include: roof, exterior siding, parking lot. Sizes, taxes app



The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Pearson Smith Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-05-26T00:18:24.28.

Pearson Smith Realty: 571-386-1075
www.e4realty.com/homes/63497966

12445 Ocean Gateway , #123456 Ocean City, MD 21842

  • Price: $1,550,000
  • Status: Active
  • ID#: WO9676422
0
Beds
0
Baths
0
½ Baths
N/A
Acres
9,000
SQFT
$172
$/SQFT
1989
Built
Neighborhood:
Marlin Park Cm Ph 1
County:
Worcester
Area:
Worcester
Property Description
WEST OCEAN CITY. What an opportunity! 2 Ocean City Restaurants under one roof. Turn-Key operation w/equipment, furnishings. 6 Commercial condo units totaling 9,000SF of space. 2 restaurants connected, rooms on the 2nd floor. Sports bar & brick-oven pizzeria, in addition to fine dining areas. Pizza oven stone imported from Italy. Updates include: roof, exterior siding, parking lot. Sizes, taxes app
Exterior Features

Parking Gen Comm ElemFree Roof Unknown Waterfront No

Interior Features

Comm Industrial Misc BathReception AreaKitchenettePrivate OfficeMeeting RoomsAda Accessible Net Sq Ft 9000.0 Walls Ceilings High9'+ Ceilings

Property Features

Assessment Year 2016 Auction No Comm Industrial Type RestaurantFlex SpaceOther Condo Coop Proj Name Marlin Park Cm P County Tax 1325.8 County Tax Payment Freq Annually Cross Street Blue Marlin Drive Election District 10 Expenses 1.0 For Sale Yes Foreclosure No Gross Income 700000.0 HOA No Improvement Assessment Amount 70000.0 Improvement Assessment Payment Freq Annually Investment Yes Land Assessment Amount 70000.0 Land Assessment Payment Freq Annually Listing Transaction Type Standard Locale Listing Status Active Monthly Gross Rent 1.0 New Construction No Occupied Yes Ownership Condo Parking Included In List Price Yes Possession Negotiable Property Condition Shows Well Property Status Existing Sewer Septic Public Sewer Short Sale No Special Tax Assessment 60.0 Special Tax Assessment Payment Freq Annually Tax Legal Subdivision Marlin Park Cm Ph 1 Tax Year 2015 Tenancy Lease Terms Mixed Total Assessment 140000.0 Total Assessment Payment Freq Annually Total Taxes 1325.8 Total Taxes Payment Freq Annually Vacancy Factor 0.0 Vacation Home No Water Public Zoning Code B-2

Listing courtesy of Holly Campbell of Coldwell Banker Residential Brokerage.


The data relating to real estate for sale on this web site comes from MRIS. Listing information comes from various brokers who participate in the MRIS IDX. Properties listed with brokerage firms other than Pearson Smith Realty are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers. The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Data last updated 2017-05-26T00:18:24.28.

Pearson Smith Realty: 571-386-1075
Pearson Smith Realty
46161 Westlake Drive, Suite 340
Sterling VA, 20165