12614 OCEAN GATEWAY HWY, OCEAN CITY

Commercial Property for Sale
79,279 sq. ft.
$3,800,000

MLS#: MDWO116840
Listing Office: Coldwell Banker/Bud Church Rea

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.

Commercial Subtype: 
Commercial Buildings For Sale
Lot Size ( W x L ): 
0.00 x 0.00
Lot Size SQFT: 
79279
Roofing: 
Metal
Sewer: 
Public Sewer
Water: 
Well

Delaware Real Estate: 12614 ocean gateway highway

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