$2,900,000

1210 PHILADELPHIA AVE, Ocean City, MD 21842

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1968
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

"Rare Downtown Ocean City Hospitality Compound " Investors you'll love the scalability, multiple income streams and operational flexibility * Located in the heart of downtown Ocean City * This unique hospitality investment opportunity features three separate buildings offering multiple income streams, exceptional guest amenities and prime redevelopment potential in one of the East Coast's most desirable beach destinations * The main building operates as a motel positioned in a highly sought-after downtown location just moments, 1.5 blocks , from the beach, boardwalk, restaurants, nightlife and entertainment. Attached to the main structure is an amenity-focused building featuring a pool, tiki bar and dedicated parking area creating a resort-style atmosphere for guests and visitors alike * The West building includes six additional units along with supplemental parking offering expanded lodging capacity and operational flexibility for short term, seasonal, employee housing or boutique concepts.

Listing Status:
Active
Date Added:
May 15, 2026
Data Last Updated:
May 20, 2026 at 3:21PM
Listing Office:
Sea Grace @ North Beach Realtors : 4102504433
Listing Agent:
Grace Masten : 4102504433
MLS ID:
MDWO2038400
  • A/C: Wall UnitWindow Unit(s)
  • Heating: OtherElectric
  • Disability Feature: Other
  • Parking: Paved ParkingPrivate
  • General: CombinationWood SidingOther
  • Originating MLS: BRIGHT_MAIN
  • School District: WORCESTER COUNTY PUBLIC SCHOOLS
  • County: WORCESTER-MD
  • Zoning: R-3A2410037646
  • Utilities: Cable tv availableElectric availableNatural gas availablePhone availableWater available
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Grace Masten , Sea Grace @ North Beach Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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