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Retail Shopping Center
For Sale
$1,000,000

6-5601 Coastal Hwy, Ocean City, MD 21842

For-sale shopping center with a current lease that must be honored.

Property SizeContact for details
Days on Market83

Property Features for 6-5601 Coastal Hwy

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $6,794
Listing Agency: Coldwell Banker/Bud Church Rea
Listed By: Ken Church · License #305250
Source: Exprealty
Added: Jun 20 Changed: Sep 8 Last Checked: Sep 10 at 1:44PM

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 for-sale retail shopping center offers an established configuration with a current lease in place, and the lease must be honored.

The property is located at 6-5601 Coastal Hwy in Ocean City, Maryland. Per the seller’s instructions, excluded buyers must refrain from pursuing the opportunity, and potential buyers should call the listing agent before writing an offer. The property is not available for showings until contact is made with the listing agent.

For inquiries and viewing coordination, contact the listing agent to review lease terms and required process for offers.

Key Highlights

  • For‑sale shopping center with a current lease that must be honored
  • Potential for investment or end‑user purchase (subject to current lease terms)

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Hair Salon Carpet & Flooring Store

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

461
Businesses Nearby
58k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 54% Groceries 32% Dining 9% Hotels & Casinos 3%
Wawa Shops & Services
26,413 visits/mo 0.4 miles
Food Lion Grocery Store Groceries
18,565 visits/mo 0.3 miles
Denny's Dining
4,716 visits/mo 0.2 miles
7-Eleven Shops & Services
4,486 visits/mo 0.4 miles
Comfort Inn Gold Coast Hotels & Casinos
1,778 visits/mo 0.2 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
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Frequently Asked Questions

What type of property is this?
Shopping center - For-sale shopping center with a current lease that must be honored.
Where is this shopping center located?
The property is located at 6-5601 Coastal Hwy 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: For‑sale shopping center with a current lease that must be honored; Potential for investment or end‑user purchase (subject to current lease terms)
More about this property
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