Patterson-Schwartz Real Estate9801 / 980 Golf Course Road, Ocean City, MD 21842-9509 $1,149,000
Interior Sq. Ft: 1,712
Acreage: 0.37
Age:84 years
Style:
Coastal
Subdivision: West Ocean City
Design/Type:
Detached
Description
Just Dropped 100K!!!! Commercial Investment Opportunity in West Ocean City, MD. Located directly across from the acclaimed Sello's Restaurant, this commercial property in the heart of West Ocean City, Maryland, offers a unique investment opportunity with limitless potential. Comprising two parcels, the property features two beautifully updated cottages, promising a blend of charm and modern convenience. Cottage one offers a cozy retreat with one bedroom, one bath, living area, kitchen, and front porch perfect for a private getaway or an intimate holiday rental. The second cottage, with two bedrooms, one bath, living room, dining room, and kitchen provides ample space for small families or groups, ensuring comfort and relaxation for all guests. Each cottage was thoughtfully updated and renovated in 2020. Zoned C-2, this property presents an unparalleled advantage. Whether you envision a bustling retail space, an exclusive office, or continue thriving as short-term rentals, the possibilities are as vast as your imagination. The strategic zoning ensures you have the flexibility to bring your vision to life, making this not just an investment in real estate, but in the endless potential of West Ocean City itself. Location is everything, and this property does not disappoint. A leisurely stroll will take you to the Ocean City Fishing Harbor with the public boat ramp and Sunset Marina, where the beauty of our fishing community can be fully appreciated. For beach lovers, the sandy shores of Ocean City, MD, are just 4 miles away, offering sun, surf, and entertainment. Assateague Island, known for its wild ponies and pristine beaches, is just 6 miles away. Currently utilized as short-term rentals, this property has already proven its value and appeal. The demand for unique, comfortable accommodations in West Ocean City is high, making this a turn-key investment with immediate returns. However, with C2 zoning, your options are open, allowing you to redefine the space to meet your goals. Don't miss this chance to own a piece of West Ocean City's charm. Whether you're looking to expand your portfolio, start a new venture, or simply own a piece of this beloved Maryland treasure, this property offers the perfect foundation for your dreams.
Home Assoc: No
Condo Assoc: No
Buyer Agency Comp*: 2.5 % Of Gross
Basement: N
Pool: No Pool
Elem. School: Ocean CityMid. School: Stephen DecaturHigh School: Stephen Decatur
Features
Utilities
Heat Pump(s), Electric, Central A/C, Electric, Hot Water - Electric, Well Water, Public Sewer
Garage/Parking
Driveway
Interior
Breakfast Area, Built-Ins, Floor Plan - Open, Kitchen - Galley, Recessed Lighting, Luxury Vinyl Plank Flooring
Exterior
Crawl Space Foundation, Architectural Shingle Roof, Concrete Exterior, Stick Built Exterior
Select a school from the following list. Schools are grouped by school type.
The schools on this list are selected by their proximity of up to 5 miles to the property address.
Proximity does not guarantee enrollment eligibility. Please contact the school directly for more information on enrollment requirements.
* If there are more than 5 schools of any type within a close proximity, click on the button to see additional schools of that type near the search address.
Public Elementary (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Ocean City Elementary | Worcester County Public Schools | Preschool–4 | Ocean City | 1.16 mi |
Public Middle (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Stephen Decatur Middle | Worcester County Public Schools | 7–8 | Berlin | 4.5 mi |
Public High (1 schools)
| School | District | Grades | Place | Distance |
|---|---|---|---|---|
| Stephen Decatur High | Worcester County Public Schools | 9–12 | Berlin | 4.58 mi |
Private (1 schools)
| School | Grades | Place | Distance | |
|---|---|---|---|---|
| Seaside Christian Academy | Christian (no specific denomination) | Preschool–12 | Ocean City | 0.8 mi |
© 2024 LiveBy. All Rights Reserved.
This report is a detailed community overview for Ocean City (21842), Maryland.
Community Quick Facts
- Average travel time to work for people in this community: 21
- Average salary of people in this community: $46,876
Community Summary
- Population Density (ppl / mile): 683
- Household Size (ppl): 2.04
- Households w/ Children: 22%
Housing Inventory
- Owned: 3,625 (11.1%)
- Rented: 1,559 (4.8%)
- Vacant: 27,482 (84.1%)
- Total: 32,666
Population Demographics
The population of the community broken down by age group. The numbers at the top of each bar indicate the number of people in the age bracket below.
Climate and Weather
The Temperature chart displays average high and low values for January and July, and is designed to provide an indication of both seasonal and daily temperature variability. The Weather Risk Index indicates the calculated risk of each type of weather event occurring in the future. This risk is based on historical localized storm events and weather patterns. The national average for each type of weather event equals a score of 100, so a score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk of the national average.
Temperature
Education
Highest Level of Education Attained
- Less than 9th Grade: 2.8%
- Some High School: 5.5%
- High School Graduate: 28.9%
- Some College: 22.0%
- Associate Degree: 8.5%
- Bachelor's Degree: 21.3%
- Graduate Degree: 10.9%
Income by dollar range
Median Income: $55,064
Fair Market Rents
The Fair Market Rents show average gross rent estimates based on figures provided by the U.S. Department of Housing and Urban Development (HUD).
- Studio: $713
- One Bedroom: $830
- Two Bedroom: $1,105
- Three Bedroom: $1,412
- Four Bedroom: $3,501
© 2024 LiveBy. All Rights Reserved.
Contact Information
Schedule an Appointment to See this Home
Request more information
or call me now at 302-545-2233
Listing Courtesy of: Berkshire Hathaway HomeServices PenFed Realty - OP , (410) 208-3500
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 Patterson-Schwartz Real Estate 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.
Information Deemed Reliable But Not Guaranteed.
Copyright BRIGHT, All Rights Reserved
Listing data as of 5/10/2024.
