1215 PHILADELPHIA AVE, Ocean City, MD 21842

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

Data Last Updated:

May 20, 2026 at 4:18PM

Listing Office:

Sea Grace @ North Beach Realtors : 4102504433

Listing Agent:

Grace Masten : 4102504433

MLS ID:

MDWO2038408

Interior

• A/C: Wall UnitWindow Unit(s)
• Heating: Forced AirElectric
• Disability Feature: Other

Exterior

• Parking: Paved Parking

Construction

• General: BlockWood SidingOther

Location

• Originating MLS: BRIGHT_MAIN
• School District: WORCESTER COUNTY PUBLIC SCHOOLS
• County: WORCESTER-MD

Lot

• Zoning: R-22410037689

Utilities

• Utilities: Cable tv availableElectric availableNatural gas availablePhone availableSewer availableWater available
• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN