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Contiguous Restaurant Condominium Units
For Sale
Contact for pricing
Pending

13703 Coastal Hwy Units 2-4, Ocean City, MD 21842

Three adjoining commercial units include restaurant equipment and are currently leased to a pizza operator.

Property Size1,920 SF
Days on Market143

Property Features for 13703 Coastal Hwy Units 2-4

General Information

Standard status Pending
Size 1,920 SF
Property subtype Retail
Occupancy 100%

Additional Details

Equipment Included Yes
Listing Agency: SVN | Miller Commercial Real Estate Salisbury
Listed By: Tonney Insley · License #MD 653457
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 10:50PM

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 SVN | Miller Commercial Real Estate Salisbury

Investment Insights

Based on property information with market context.

This restaurant condominium offering comprises three adjoining units within Bayside Plaza. The combined area is approximately 1920 SF, with the spaces currently leased to a pizza operator. Restaurant equipment is included with the sale.

The property occupies a corner position at Coastal Hwy and 138th Street in Ocean City, MD, providing an established commercial setting for the existing restaurant use.

Key Highlights

  • Three contiguous condominium units totaling approximately 1920 SF
  • Currently leased to a pizza operator
  • Restaurant equipment included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Dental Office Auto Repair Shop Law Firm Hair Salon (Bike/Boat/Book/etc) Store Barber Shop

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

317
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Shops & Services 30%
Five Guys Dining
3,563 visits/mo 0.1 miles
PrimoHoagies Dining
3,499 visits/mo 0.3 miles
7-Eleven Shops & Services
2,997 visits/mo 0.3 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Three adjoining commercial units include restaurant equipment and are currently leased to a pizza operator.
Where is this conventional restaurant located?
The property is located at 13703 Coastal Hwy Units 2-4 Ocean City, MD.
What are key features of this property?
This property features: Three contiguous condominium units totaling approximately 1920 SF; Currently leased to a pizza operator; Restaurant equipment included
(410) 543-2491 Call to check price and availability
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