Conventional Restaurant
For Sale
$1,200,000
5601 Coastal Hwy Unit 7, Ocean City, MD 21842
Existing lease in place for this established restaurant property.
Property Size1,810 SF
Price / SF$662.98
Days on Market31
Property Features for 5601 Coastal Hwy Unit 7
General Information
Standard status
Active
Size
1,810 SF
Building Details
Year Built
2010
Listing Agency:
Coldwell Banker/Bud Church Rea
(410) 524-7888
Listed By:
Ken Church · License #305250
Source:
Thecazagroup
Added: Jul 30
Changed: Aug 28
Last Checked: Aug 25 at 5:38AM
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 conventional restaurant property is located at 5601 Coastal Hwy Unit 7 in Ocean City, Maryland. The building was constructed in 2010 and is subject to a current lease that buyers must honor.
Key Highlights
- Conventional restaurant property at 5601 Coastal Hwy Unit 7, Ocean City, MD 21842
- Built in 2010
- Sale is subject to the current lease
Property Analytics
Property Profile
Current Use
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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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing lease in place for this established restaurant property.
Where is this conventional restaurant located?
The property is located at 5601 Coastal Hwy Unit 7 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: Conventional restaurant property at 5601 Coastal Hwy Unit 7, Ocean City, MD 21842; Built in 2010; Sale is subject to the current lease
