Old Bridge Road & Sunset Avenue
Ocean City, MD
Multi-family for Sale - $5,000,000 - 22,844 Sq. Ft. on 11.5 acres
Property Info
| CIMLS# | 971976 |
| Location Old Bridge Road & Sunset Avenue Ocean City MD 21842 | |
| Updated | February 13th, 2018 |
| Type | Multi-family |
| Price | $5,000,000 |
| Building | 22,844 Sq. Ft. |
| Land | 11.5 acres |
Property Description
Income property with further development potential on Old Bridge Road in West Ocean City, Maryland. There are 37 income producing cottage/ apartment units currently on the property as well as a free-standing commercial building. It is approved for an additional 92 cottage/ apartment units with all EDU's included. Great location within a block of Sunset Marina and other West Ocean City attractions.
Location Description:
Located on Old Bridge Road in West Ocean City, Maryland.
Highlights:
>> Income property and development potential
>> Approximately 11.5 acres
>> 37 cottage/ apartment units
>> Approval for 92 additional cottage/ apartment units
>> EDU's included
>> Close proximity to all West Ocean City marinas and attractions