6200 Coastal Hwy #1,OCEAN CITY, MD 21842
OCEAN CITY, MD 21842
Description
Fully leased with triple net leases!! 6200 Coastal Highway is positioned in the heart of Ocean City along the island's primary commercial corridor, offering exceptional visibility and accessibility within one of the East Coast's most established resort destinations. Located directly on Coastal Highway at the Rt. 90 bridge intersection, the property benefits from being at the entrance of one of the only access points to get on the island, which offers the property consistent year-round traffic counts and unparalleled exposure to the millions of visitors who travel to Ocean City annually. Ocean City's barrier-island geography creates a significant barrier to new development, with virtually no land remaining for meaningful commercial expansion. As a result, existing commercial assets along Coastal Highway continue to experience strong tenant demand and long-term value stability driven by limited supply and sustained market growth.
Details
| MLS # | MDWO2040130 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 2006 |
| Days On Site | 54 |
| Listing Provided By | SVN/Miller Commercial Real Estate | Wesley Cox |
Features
| Story(s) | 4 |
|---|---|
| Units | 3 |
| Zoning | R3 |
| Acreage | 0.55 |
Interior
| Cooling | Heat Pump(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Heat Pump(s) |
Exterior
| Roof | Metal |
|---|---|
| Construction Materials | Brick, Dryvit, Other |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Paved Parking |
Taxes
| Tax Annual Amount | 19522 |
|---|
Area Information
| State | MD |
|---|---|
| County | WORCESTER MD |
| City | OCEAN CITY |
| Zip Code | 21842 |
| Area | Ocean Block (82) |
| School District | WORCESTER COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21842) | |
Price: $3,300,000 low | high Med: $440,000 On site: 54 low | high Med: 75.5 | |
Market Activity 21842
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Learn More About This Property
| State | MD |
|---|---|
| County | WORCESTER MD |
| City | OCEAN CITY |
| Zip Code | 21842 |
| Area | Ocean Block (82) |
| School District | WORCESTER COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21842) | |
Price: $3,300,000 low | high Med: $440,000 On site: 54 low | high Med: 75.5 | |
