6200 Coastal Hwy Unit #1, Ocean City, MD 21842

$3,300,000

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List Price
$3,300,000
Days on Market
0
Status
ACTIVE
MLS#
MDWO2040130
Year Built
2006
County
Worcester
School District
Worcester County Public Schools

Property 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.

Additional Information

Area
Ocean Block (82)
Taxes
$19522
Stories
4
School District
Worcester County Public Schools
Heating
Heat Pump(s)
Heating Fuel
Electric
Cooling
Heat Pump(s)
Roof
Metal
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of SVN/Miller Commercial Real Estate. Contact: 410-543-2440