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Coastal Maryland Real Estate, Ocean City & Inland

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12614 OCEAN GATEWAY HWY, OCEAN CITY, MD 21842

  $3,500,000
  MDWO116840
  79279.00
  167 days
  N
  No
Tremendous West Ocean City development opportunity. Either purchase and run the existing totally restored Alamo Motel which consist of 40 totally restored rooms, a 100% restored restaurant and an amazing pool with bar and outside seating. Or purchase and develop. 1.82 Acres of commercially zoned land in the booming West Ocean City market. Rt 50 Exposure with 200 ft of direct access. Across from the Outlets, 2 minutes to downtown Ocean City, 10 minutes to Assateague Island, 2 minutes to the World famous Harbor. As a developmental bonus. The sellers are willing to include at cost, 45 Edus they have obtained to go and transfer with this amazing location. These 45 Edus give this location massive development potential . Seller will not sell Edus to any other entity, they must transfer to the new owner as they are tied to this location only. Call listing agent for all details. Do not show without listing agent present.

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General

 0
 0
 0
 0
 79279.00
 Five Or More Units
 WORCESTER
 1965
 N
 N
 State
 Desk in Lobby,Exterior Cameras
 Public Sewer
 Active
 Well

Exterior Features

 Block,Slab
 N
 Metal
 N
 N
 C2

Interior Features

 Ceramic Tile,Tile/Brick,Wood,Other
 Forced Air,Wall Unit
 N

Lot Information

 1.82
 79279.00
 0.00 x 0.00

School Information

 WORCESTER COUNTY PUBLIC SCHOOLS
 OCEAN CITY
 STEPHEN DECATUR
 STEPHEN DECATUR

Fees & Taxes

 0.00
 12486.00

Broker & Realtor

 Ken Church
 Coldwell Banker/bud Church Rea

Buyer Advantages

Buying a special place at or near the beach is an educational experience. Let's talk about your goals!

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Seller Advantages

Selling your Real Estate requires knowledge, experience and enthusiasm. Your Goal is My Goal!

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Listing information is provided courtesy of The Coastal Association of REALTORS®, which neither guarantees nor is in any way responsible for its accuracy. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of The Coastal Association of REALTORS®. The materials contained within this page may not be reproduced without the express written consent of this broker. The information contained within this page is for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All room dimensions and other measurements are approximate. All information is deemed reliable but is not guarantee. Prospective purchasers should verify the information to their own satisfaction. All data is provided ‘AS IS’ and with all faults. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Some real estate firms do not participate in Internet Data Exchange® and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Some or all of the listings displayed may not belong to the firm whose web site is being visited. Information deemed reliable but not guaranteed.
Joy Snyder is licensed in Maryland. Equal Housing Opportunity.