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6300 Coastal HwyOcean City, MD 21842Price: $1,000,000

  • Price: $1,000,000
  • 146 Days on Market
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Federal 30-year interest rate: 2.96% last updated on Jun 10, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,000,000List Price
  • 0.22Acreage
  • 1960Year Built

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Sale includes two 4770 square foot lots (6300 and 6302 Coastal Highway) for a combined total of 9540 square feet of prime corner and Coastal Highway property.100 foot frontage on the Highway at a high traffic corner. Zoned R-3 with the potential for six units if redeveloped. Current use is non-retail commercial. Two tenants occupy the two story building on corner lot. Parking area lot is tax ID: 10-078628. Upstairs tenant pays $1050 a month and their lease expires May 9th 2021. Downstairs tenant pays $1200 a month and their lease expires September 30th 2021. Buyer should conduct their own due diligence for future development or use.

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Listed by Ted Smith of Holiday Real Estate

Copyright 2021 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which The Real McCoy Team | Coldwell Banker Residential Brokerage participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated June 16, 2021. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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