Shopping Center
New
For Sale
$1,000,000
5601 Coastal Hwy Unit 6, Ocean City, MD 21842
Purchase is subject to honoring the existing lease.
Property Size1,390 SF
Price / SF$719.42
Days on Market5
Property Features for 5601 Coastal Hwy Unit 6
General Information
Standard status
Active
Size
1,390 SF
Building Details
Year Built
2010
Tenancy
Multi
Listing Agency:
Coldwell Banker/Bud Church Rea
(410) 524-7888
Listed By:
Ken Church · License #305250
Source:
Kandorre
Added: Aug 13
Changed: Aug 14
Last Checked: Aug 16 at 10:01AM
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 Rea
Investment Insights
Based on property information with market context.
This retail unit is located within a shopping center at 5601 Coastal Hwy, Unit 6, in Ocean City, Maryland. The property was built in 2010 and is offered for sale with an existing lease that must be honored by the purchaser.
Key Highlights
- Existing lease must be honored by the purchaser
- Located at 5601 Coastal Hwy Unit 6 in Ocean City, MD 21842
- Built in 2010
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
487
Businesses Nearby
25k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 29%
Hotels & Casinos 26%
Denny's
Dining
8,498 visits/mo
0.3 miles
Exxon
Shops & Services
3,973 visits/mo
0.3 miles
Residence Inn Ocean City
Hotels & Casinos
3,929 visits/mo
0.3 miles
7-Eleven
Shops & Services
2,868 visits/mo
0.1 miles
Best Western Ocean City Hotel & Suites
Hotels & Casinos
2,110 visits/mo
0.1 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
Questions? Ask Rey
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Similar Off Market Nearby
- TownCenter — 6701 Coastal Hwy, Ocean City, MD 21842
Frequently Asked Questions
What type of property is this?
Shopping center - Purchase is subject to honoring the existing lease.
Where is this shopping center located?
The property is located at 5601 Coastal Hwy Unit 6 Ocean City, MD.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Existing lease must be honored by the purchaser; Located at 5601 Coastal Hwy Unit 6 in Ocean City, MD 21842; Built in 2010
