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Downtown Hospitality Compound with Motel
For Sale
$1,900,000

1215 Philadelphia Avenue, Ocean City, MD 21842

Three separate buildings include a motel main building and an amenity building with pool and tiki bar.

Property SizeContact for details
Days on Market135

Property Features for 1215 Philadelphia Avenue

General Information

Standard status Active
Property subtype Commercial
Lease Term []

Additional Details

Business Included Yes

Building Details

Year Built 1969
Listing Agency: Sea Grace @ North Beach Realtors
Listed By: Grace Masten
Source: Deepcreeklake
Added: Apr 25 Changed: Sep 5 Last Checked: Sep 5 at 8:41AM

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 hospitality compound consists of three separate buildings. The main building operates as a motel, and it is attached to an amenity-focused building featuring a pool, a tiki bar, and a dedicated parking area. A separate West building adds six additional units along with supplemental parking, providing expanded lodging capacity and operational flexibility for short-term use and seasonal housing concepts.

The property is located at 1215 Philadelphia Avenue in Ocean City, Maryland, in the heart of downtown and approximately 1.5 blocks from the beach and boardwalk, with nearby restaurants, nightlife, and entertainment.

Overall, the configuration combines motel operations with shared guest amenities and additional unit inventory across multiple buildings, supported by dedicated and supplemental parking areas.

Key Highlights

  • Three separate buildings in downtown Ocean City hospitality compound: motel main building plus an amenity building with pool and tiki bar
  • Main building operates as a motel in a downtown Ocean City location, about 1.5 blocks from the beach and boardwalk
  • Amenity building includes a pool, tiki bar, and a dedicated parking area

Property Analytics

Current Use

Motels

Suggested Use

Top Pick Dental Office Plumbing Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Kitchen & Bath Showroom Nail Salon

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

725
Businesses Nearby
Well-served
Demand for This Use

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
  • Heart of Downtown Condos II 5 St Louis Ave, Ocean City, MD 21842
  • OCRooms 10 Philadelphia Ave, Ocean City, MD 21842
  • Dhimas Bayview Suites 8 St Louis Ave, Ocean City, MD 21842

Frequently Asked Questions

What type of property is this?
Motel - Three separate buildings include a motel main building and an amenity building with pool and tiki bar.
Where is this motel located?
The property is located at 1215 Philadelphia Avenue Ocean City, MD.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Three separate buildings in downtown Ocean City hospitality compound: motel main building plus an amenity building with pool and tiki bar; Main building operates as a motel in a downtown Ocean City location, about 1.5 blocks from the beach and boardwalk; Amenity building includes a pool, tiki bar, and a dedicated parking area
More about this property
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