Ocean City, MD 21842,1207 & 1209 N BALTIMORE AVE
Ocean City, MD 21842,1207 & 1209 N BALTIMORE AVE
Ocean City, MD 21842,1207 & 1209 N BALTIMORE AVE
Ocean City, MD 21842,1207 & 1209 N BALTIMORE AVE
Ocean City, MD 21842,1207 & 1209 N BALTIMORE AVE
Ocean City, MD 21842,1207 & 1209 N BALTIMORE AVE
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Listed by Kimberly S. Jones • Karson Keys
$ 4,750,000
Est. payment | /mo

14,257 SqFt


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$ 4,750,000
Est. payment | /mo
Save

14,257 SqFt

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,257 sqft

Price per Sqft $333

MLS Listing ID MDWO2029960

Originating Board BRIGHT

Year Built 1950

Annual Tax Amount $26,948

Tax Year 2024

Lot Size 0.430 Acres

Acres 0.43

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Property Description

The King Charles Hotel & Family Apartments stands as a cornerstone of hospitality in Ocean City, Maryland, with a rich history and a loyal clientele. Known for its excellent reputation, this property has been meticulously maintained, reflecting the pride and dedication of its owner. Situated in a prime downtown area, this 21 room hotel & a 6 unit Apartment building is just steps away from the famous Ocean City boardwalk and beautiful beaches, making it an ideal destination for tourists seeking convenience and charm.
This is a unique investment opportunity in the downtown area with its perfect blend of comfort and convenience, ideal for both leisure and business travelers. Each of the rooms are thoughtfully designed to create a welcoming atmosphere, featuring modern furnishing, plush bedding, flat screen tvs, wifi and private bathrooms. With 24 hour front desk, daily housekeeping and a refreshment area, guest are ensured a pleasant and welcoming stay! Guest enjoy sitting on the front porch and relaxing or hanging out with other guest for some fresh salty air!
The investment opportunity with this property is endless considering it's high occupancy rate, and prime location, this hotel & apartments are perfect for someone looking to step into a thriving hospitality market! These are 2 separate deeded properties being sold together. Contact listing agent for showing and more details. Please do not go to hotel without scheduling an appointment. Bring all offers, possible owner financing. Buyers agent to verify all information is correct.

Location

State MD

County Worcester

Area Ocean Block (82)

Zoning R-3A

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Ceiling Fan(s), Window Unit(s)

Flooring Carpet

Inclusions Everything goes but the personal property of owner.

Equipment See Remarks

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Utilities Available Electric Available, Phone, Cable TV Available, Sewer Available, Water Available

Water Access N

View Street

Roof Type Shingle

Accessibility None

Total Parking Spaces 10

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Worcester County Public Schools

Others

Tax ID 2410037638

Ownership Fee Simple

SqFt Source Estimated

Security Features Carbon Monoxide Detector(s),Desk in Lobby,Exterior Cameras,Main Entrance Lock,Security System,Smoke Detector

Acceptable Financing Cash, Conventional, Seller Financing

Listing Terms Cash, Conventional, Seller Financing

Financing Cash,Conventional,Seller Financing

Special Listing Condition Standard

Bright MLS (BMLS)
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1207 & 1209 N BALTIMORE AVE