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Mixed-Use Property With Retail
For Sale
Contact for pricing
Pending

1 N Division St, Ocean City, MD 21842

Commercial property offering a retail component within a mixed-use asset classification.

Property Size44,946 SF
Days on Market142

Property Features for 1 N Division St

General Information

Standard status Pending
Size 44,946 SF
Property subtype Retail, Mixed Use

Additional Details

Cap Rate 5.31%
Listing Agency: Legacy Real Estate
Listed By: Dominic Shamany · License #MI #6501439800
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Legacy Real Estate

Investment Insights

Based on property information with market context.

This mixed-use commercial property includes a retail component and is identified as a 44,946-square-foot asset. The offering is located at 1 N Division St in Ocean City, Maryland, 21842.

The property is presented with a 5.31% capitalization rate and is offered for sale. Available information identifies the retail component but does not provide additional details on the interior layout, other uses, site improvements, or tenant configuration.

Key Highlights

  • 44,946 SF mixed‑use commercial property
  • Retail component included
  • 5.31% CAP

Property Analytics

Current Use

Ocean City Boardwalk ... Tour Operator OCHG OF Villas Hotel & Motel Quiet Storm Surf ... Clothing Store Body piercing Tattoo & Piercing Shop

Suggested Use

Top Pick Dental Office Auto Parts Store Hair Salon Plumbing Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

918
Businesses Nearby
13k
Monthly Visits Nearby

Foot Traffic Nearby

Hotels & Casinos 85% Shops & Services 15%
Cambria Hotel Ocean City - Bayfront Hotels & Casinos
10,467 visits/mo 0.3 miles
7-Eleven Shops & Services
1,899 visits/mo 0.1 miles
Comfort Inn Hotels & Casinos
416 visits/mo 0.4 miles

Demographics for 21842, MD

11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial property offering a retail component within a mixed-use asset classification.
Where is this mixed-use property located?
The property is located at 1 N Division St Ocean City, MD.
What are key features of this property?
This property features: 44,946 SF mixed‑use commercial property; Retail component included; 5.31% CAP
(248) 450-3259 Call to check price and availability
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