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201 Philadelphia Ave 3,530 SF 100% Leased Office Building Ocean City, MD 21842 $1,149,000 ($325.50/SF)



EXECUTIVE SUMMARY
Great downtown location! Zoned Commercial C this large and gorgeous building currently has five offices/conference space, and a small warehouse space in the back of the building that is temperature controlled. Onsite parking. Tax records do not indicate actual size of building!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,530 SF
Building Class
C
Year Built
1950
Price
$1,149,000
Price Per SF
$325.50
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,530 SF
Building FAR
0.50
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
DMX - allows for various commercial uses like antique shops, art galleries, and retail businesses, while also accommodating high-density residential develo
Parking
3 Spaces (0.85 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (70)
PROPERTY TAXES
| Parcel Number | 10-030730 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $619,767 |
PROPERTY TAXES
Parcel Number
10-030730
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$619,767
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201 Philadelphia Ave
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