Building Details

Year Built 2010

Listing Agency: Coldwell Banker Bud Church Realty,Inc. k***@aol.com Show Phone

Listed By: Ken Church · License #305250 Show Phone

Source: Xome

Added: Jun 17 Changed: Aug 16 Last Checked: Aug 16 at 8:07AM

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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 Coldwell Banker Bud Church Realty,Inc.

Investment Insights

Based on property information with market context.

This multifamily property was built in 2010 and includes a heat pump, concrete construction, and parking. The property occupies a corner lot with an asphalt surface and is located close to shops. The existing lease must be honored by the buyer.

Key Highlights

• Multifamily property built in 2010
• Corner lot with parking
• Heat pump system

Property Analytics

Current Use

Johnny's Pizza & Pub Restaurant Dunkin' Cafe & Coffee Shop The Orginal Fractured Prune Bakery 56th St Market- ... (Bike/Boat/Book/etc) Store ATM Atm

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Parking Lot & Garage Furniture & Home Goods

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

487

Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this multifamily properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Multifamily property - Built in 2010 with a heat pump and on-site parking.

Where is this multifamily property located?

The property is located at 5601 COASTAL HIGHWAY Ocean City, MD.

What is the asking price?

The asking price for this property is $1,200,000.

What are key features of this property?

This property features: Multifamily property built in 2010; Corner lot with parking; Heat pump system