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

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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)
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-030730
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$619,767
  • Listing ID: 36128305

  • Date on Market: 6/5/2025

  • Last Updated:

  • Address: 201 Philadelphia Ave, Ocean City, MD 21842

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