Ocean City Motel For
For Sale
$6,975,000
7100 COASTAL Hwy, Ocean City, MD 21842
54-unit motel with pool and recent renovations in Ocean City.
Days on Market99
Property Features for 7100 COASTAL Hwy
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1973
Listing Agency:
Coldwell Banker Bud Church Realty,Inc.
(410) 524-7888
Listed By:
Ken Church · License #305250
(410) 524-7888
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 11:06AM
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 is a remarkable opportunity to own a piece of Ocean City history. The property features a 54-unit motel, with all units being efficiency layouts. Located on the Ocean Side at 71st Street, the motel offers large rooms and an ample-sized pool. There is excess parking available for guests. Recent renovations have been completed over the last several years, including new heat and air conditioning systems. A brand new laundry facility has also been installed. The location is described as one that rarely becomes available. The motel is currently operational, with rooms booked for the summer season. The bike score is 49, indicating it is somewhat bikeable, and the walk score is 47, suggesting it is car-dependent.
Key Highlights
- 54‑unit motel on the Ocean Side at 71st Street
- Large rooms (efficiencies)
- Ample size pool
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
503
Businesses Nearby
Well-served
Demand for This Use
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
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Frequently Asked Questions
What type of property is this?
Motel - 54-unit motel with pool and recent renovations in Ocean City.
Where is this motel located?
The property is located at 7100 COASTAL Hwy Ocean City, MD.
What is the asking price?
The asking price for this property is $6,975,000.
What are key features of this property?
This property features: 54‑unit motel on the Ocean Side at 71st Street; Large rooms (efficiencies); Ample size pool