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First-Floor Office Unit
New
For Lease
$9,659/Mo

5700 COASTAL HIGHWAY 1ST FL., Ocean City, MD 21842

LC-1 zoning with on-street and parking-lot options.

Space SizeContact for details
Days on Market4

Property Features for 5700 COASTAL HIGHWAY 1ST FL.

General Information

Standard status Active
Zoning LC-1
Lease Term Negotiable

Amenities

Accessible Elevator Installed
Other
On Street, Parking Lot

Building Details

Year Built 1985
Listing Agency: SVN | Miller Commercial Real Estate
Listed By: Tonney Insley IV · License ##653457
Source: Evrealestate
Added: Sep 23 Changed: Sep 25 Last Checked: Sep 24 at 2:51PM

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

Investment Insights

Based on property information with market context.

This office unit occupies the first floor of a building completed in 1985. The property is zoned LC-1 and offers on-street parking as well as a parking lot.

At 5700 Coastal Highway, the building is near 57th Street in Ocean City, with eateries, local hubs, and the bay beach nearby.

Key Highlights

  • First‑floor office unit
  • LC‑1 zoning
  • On‑street parking and parking lot

Property Analytics

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Current Use

Rice, Murtha & Psoras ... Law Firm Ocean City Hotel-Motel-Restaurant ... Association / Organization Ocean City Maryland ... Hotel & Motel Michael S. Rotwein ... Law Firm Law Offices of Murphy ... Law Firm

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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Ocean City, MD

$9.58 /SF/Yr
Avg Asking Price
$1.11–$28 /SF/Yr
Price Range
10,240 SF
Avg Space Size

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - LC-1 zoning with on-street and parking-lot options.
Where is this office units located?
The property is located at 5700 COASTAL HIGHWAY 1ST FL. Ocean City, MD.
What is the lease rate?
The lease rate is $9,659/Mo.
What are key features of this property?
This property features: First‑floor office unit; LC‑1 zoning; On‑street parking and parking lot
More about this property
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