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    14410 145Th St Ocean City, MD 21842

    For Sale
    $5,700,000

    Turn-key restaurant with redevelopment potential near the ocean.

    Lot size:
    0.82 Acres

    Property Features for 14410 145Th St

    General Information

    Lot size
    0.82 Acres

    Building Details

    Year built
    1960

    Source: Coldwell Banker Bud Church Realty,Inc. Agent Ken Church

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Landmark Restaurant Property in Ocean City

    This is a rare opportunity to purchase a landmark property in Ocean City, inclusive of two parcels totaling 35,598 square feet. The larger parcel is commercially zoned and improved by a turn-key restaurant measuring approximately 9,500 square feet. The restaurant is fully equipped and ready for immediate operation. The smaller parcel is an ocean block lot located several buildings from the oceanfront. The property's zoning and proximity to lower Delaware make it suitable for redevelopment. This property offers a unique opportunity to own real estate in a prime location.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ocean City
    County
    Worcester
    State
    Maryland
    Longitude
    -75.054689
    Latitude
    38.4507165

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    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant with redevelopment potential near the ocean.
    Where is this restaurant located?
    The property is located at 14410 145Th St Ocean City, MD.
    What is the asking price?
    The asking price for this property is $5,700,000.
    What are key features of this property?
    This property features: - Landmark property featuring a fully equipped, turnkey 9500 sq ft restaurant ready for immediate operation.; - Includes two parcels: a commercial lot with the restaurant and an Oceanblock lot near the oceanfront.; - Total area of 35,598 sq ft offering significant space and potential.
    (410) 524-7888
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    14410 145Th St Ocean City, MD 21842
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    Ocean City, MD 21842
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14410 145Th St Ocean City, MD 21842
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