Downtown Ocean City Hospitality
For Sale
$2,900,000
1210 Philadelphia Avenue, Ocean City, MD 21842
Three separate buildings comprise a downtown Ocean City hospitality compound with motel operations and on-site guest amenities.
Property Size6,996 SF
Price / SF$414.52
Days on Market145
Property Features for 1210 Philadelphia Avenue
General Information
Standard status
Active
Size
6,996 SF
Property subtype
Multi-Family
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$19,194
Amenities
pool
tiki bar
Window Air Conditioning, Wall Air Conditioning
3
R-3A
Parking.
Private, Lot.
0.00 x 0.00
Building Details
Year Built
1968
Listing Agency:
Sea Grace @ North Beach Realtors
(410) 250-4433
Listed By:
Grace Masten
(410) 250-4433
Source:
Xome
Added: Apr 2
Changed: Aug 23
Last Checked: Aug 24 at 3:53AM
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 Sea Grace @ North Beach Realtors
Investment Insights
Based on property information with market context.
This downtown Ocean City hospitality compound includes three separate buildings. The main building operates as a motel and is attached to an amenity-focused building that features a pool, a tiki bar, and a dedicated parking area. A West building provides six additional units along with supplemental parking, supporting expanded lodging capacity and operational flexibility.
The property is located in the heart of downtown Ocean City, listed as approximately 1.5 blocks from the beach and boardwalk, with restaurants, nightlife, and entertainment nearby. The area is described as bikeable with a BikeScore of 50, while also noted as car-dependent with a WalkScore of 15.
The configuration of motel units, an on-site amenity building, and additional units within separate structures creates multiple income streams within one hospitality compound.
The property is located in the heart of downtown Ocean City, listed as approximately 1.5 blocks from the beach and boardwalk, with restaurants, nightlife, and entertainment nearby. The area is described as bikeable with a BikeScore of 50, while also noted as car-dependent with a WalkScore of 15.
The configuration of motel units, an on-site amenity building, and additional units within separate structures creates multiple income streams within one hospitality compound.
Key Highlights
- Three separate downtown Ocean City buildings for hospitality use, with motel operations plus on‑site guest amenities.
- Main building is a motel; attached amenity‑focused building includes a pool, tiki bar, and dedicated parking area.
- West building adds six additional units and supplemental parking for expanded lodging capacity.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
725
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Similar Off Market Nearby
- Cambria Hotel Ocean City - Bayfront — 13 St Louis Ave, Ocean City, MD 21842
- South Beach Apartment — 15 Philadelphia Ave, Ocean City, MD 21842
- Dhimas Bayview Suites — 8 St Louis Ave, Ocean City, MD 21842
- Heart of Downtown Condos II — 5 St Louis Ave, Ocean City, MD 21842
- OCRooms — 10 Philadelphia Ave, Ocean City, MD 21842
Frequently Asked Questions
What type of property is this?
Motel - Three separate buildings comprise a downtown Ocean City hospitality compound with motel operations and on-site guest amenities.
Where is this motel located?
The property is located at 1210 Philadelphia Avenue Ocean City, MD.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Three separate downtown Ocean City buildings for hospitality use, with motel operations plus on‑site guest amenities.; Main building is a motel; attached amenity‑focused building includes a pool, tiki bar, and dedicated parking area.; West building adds six additional units and supplemental parking for expanded lodging capacity.
