$ 4,750,000
-
$4,750,000
Price -
0
Bed - Bath
-
14,257
SqFt
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About the Listing KARSON1 - 3255890,3299257
The King Charles Hotel & Family Apartments stands as a cornerstone of hospitality in Ocean City, Maryland, with a rich history and a loyal clientele. Known for its excellent reputation, this property has been meticulously maintained, reflecting the pride and dedication of its owner. Situated in a prime downtown area, this 21 room hotel & a 6 unit Apartment building is just steps away from the famous Ocean City boardwalk and beautiful beaches, making it an ideal destination for tourists seeking convenience and charm. This is a unique investment opportunity in the downtown area with its perfect blend of comfort and convenience, ideal for both leisure and business travelers. Each of the rooms are thoughtfully designed to create a welcoming atmosphere, featuring modern furnishing, plush bedding, flat screen tvs, wifi and private bathrooms. With 24 hour front desk, daily housekeeping and a refreshment area, guest are ensured a pleasant and welcoming stay! Guest enjoy sitting on the front porch and relaxing or hanging out with other guest for some fresh salty air! The investment opportunity with this property is endless considering it's high occupancy rate, and prime location, this hotel & apartments are perfect for someone looking to step into a thriving hospitality market! These are 2 separate deeded properties being sold together. Contact listing agent for showing and more details. Please do not go to hotel without scheduling an appointment. Bring all offers, possible owner financing. Buyers agent to verify all information is correct. Property has 10 parking spots on site and leased parking.
Listing Highlights for 1207 & 1209 N Baltimore Ave
Status
Active
Days on Site
156
Property Type
Commercial Sale
MLS ®
MDWO2029960
Year Built
1950
Total Square Footage
14,257
Lot/Acreage
0.43
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances: See Remarks
- Air Cond: Ceiling Fan(s),Window Unit(s)
- Heating: Baseboard - Electric
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 10
- Lot Dimensions: 0.00 x 0.00
- Zoning: R-3A
- Roof: Shingle
- Others: Good
- Sewer: Public Sewer
- Parking Features: Lighted Parking,Paved Parking,Leased to Off Site,Parking Lot,On Street,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $26,948
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
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Listing Location
Questions About..
1207 & 1209 N Baltimore Ave Ocean City, MD 21842
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