• 9801 / 9805 Golf Course Road OCEAN CITY, MD 21842

  • $1,199,000
  • 3
    Bed(s)
  • 2.0
    Baths
  • 852
    Sq Ft
  • 16200
    Sqft

Just Dropped 100K!!!! Commercial Investment Opportunity in West Ocean City, MD. Located directly across from the acclaimed Sello's Restaurant, this commercial property in the heart of West Ocean City, Maryland, offers a unique investment opportunity with limitless potential. Comprising two parcels, the property features two beautifully updated cottages, promising a blend of charm and modern convenience. Cottage one offers a cozy retreat with one bedroom, one bath, living area, kitchen, and front porch perfect for a private getaway or an intimate holiday rental. The second cottage, with two bedrooms, one bath, living room, dining room, and kitchen provides ample space for small families or groups, ensuring comfort and relaxation for all guests. Each cottage was thoughtfully updated and renovated in 2020. Zoned C-2, this property presents an unparalleled advantage. Whether you envision a bustling retail space, an exclusive office, or continue thriving as short-term rentals, the possibilities are as vast as your imagination. The strategic zoning ensures you have the flexibility to bring your vision to life, making this not just an investment in real estate, but in the endless potential of West Ocean City itself. Location is everything, and this property does not disappoint. A leisurely stroll will take you to the Ocean City Fishing Harbor with the public boat ramp and Sunset Marina, where the beauty of our fishing community can be fully appreciated. For beach lovers, the sandy shores of Ocean City, MD, are just 4 miles away, offering sun, surf, and entertainment. Assateague Island, known for its wild ponies and pristine beaches, is just 6 miles away. Currently utilized as short-term rentals, this property has already proven its value and appeal. The demand for unique, comfortable accommodations in West Ocean City is high, making this a turn-key investment with immediate returns. However, with C2 zoning, your options are open, allowing you to redefine the space to meet your goals. Don't miss this chance to own a piece of West Ocean City's charm. Whether you're looking to expand your portfolio, start a new venture, or simply own a piece of this beloved Maryland treasure, this property offers the perfect foundation for your dreams.

Property Type :

Residential

Subdivision :

West Ocean City

County :

WORCESTER

Style :

Residential

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Property Details

 

Bedroom Information

Total Bedrooms : 3

Master Bedroom Level: 3

Bathroom Information

Total Baths: 2

Full Baths: 2

Water/Sewer

Water Source : Well

Interior Features

Breakfast Area,Built-Ins,Floor Plan - Open,Kitchen - Galley,Recessed Lighting,Upgraded Countertops

Roof : Architectural Shingle

Property Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Refrigerator,Stainless Steel Appliances,Washer,Water Heater

Roofing Information

Architectural Shingle

Heating & Cooling

Cooling: Central A/C

Heating: Heat Pump(s)

Cooling Fuel: Electric

Heating Fuel: Electric

Building Information

Year Built: 1940

Structure: Detached

Major Appliances: Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Refrigerator,Stainless Steel Appliances,Washer,Water Heater

New Construction: No

Built: 1940

Construction Material: Concrete,Stick Built

Roof: Architectural Shingle

Foundation/Basement: Crawl Space

Architecture: Coastal

Pool/Private: No Pool

Roof Type: Architectural Shingle

Exterior Features

Building Name: NONE AVAILABLE

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Electric

Lot Information

Lot Size: 16,200

Dimensions: 0.00 x 0.00

Lot Size (Acres): 0.37

Architectural Style: Coastal

Main Square Feet: 16,200

Property Information

SQ ft: 1,712

SQ ft (Living Area): 1,712

Total Lot SQ ft: 16,200

Subdivision: WEST OCEAN CITY

Financing: Cash,Conventional

Appx. Lot Dimensions: 0.00 x 0.00

Total Acreage: 0.37

New Construction: No

Type: Coastal

Listing Information

Possession: Settlement

Days Of Market: 35

Tax Information

Annual Tax: $1,703

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Settlement

Assessment Information

Taxes Assessment Amount: $177,900

Parking Information

Total Parking Spaces: 8

Parking Type: Driveway

Parking Features: Shared Driveway

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Conventional

Roof: Architectural Shingle

Homeowners Association Information

Direction: From RT 50 heading towards Ocean City make a right on Golf Course Rd. Cottages on the right across from Sellos.

School Information

Elementary School: OCEAN CITY

Middle OR Junior School: STEPHEN DECATUR

High School: STEPHEN DECATUR

School District: WORCESTER COUNTY PUBLIC SCHOOLS

Utility Information

Water Source: Well

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Electric

Hot Water: Electric

Location Information

Direction: From RT 50 heading towards Ocean City make a right on Golf Course Rd. Cottages on the right across from Sellos.

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9750 Marthas Landing Ro.., Ocean City, MD,21842 $9,990,000 6 7.5 7,634 17919 Sqft
Keyser Point Road , Ocean City, MD,21842 $420,000 -- -- 197,327 197327 Sqft
110 Sand Dollar Lane , Ocean City, MD,21842 $196,500 2 1.0 470 --
12004 Ocean Gateway , Ocean City, MD,21842 $900,000 -- -- 304,920 304920 Sqft
4306 Coastal Highway , Ocean City, MD,21842 $1,950,000 3 2.5 3,448 7150 Sqft
4302 Coastal Highway , Ocean City, MD,21842 $599,000 3 2.0 1,248 3575 Sqft
Blue Marlin , Ocean City, MD,21842 $485,000 -- -- 673,002 673002 Sqft
8240 Wilmington Lane , Ocean City, MD,21842 $855,000 4 3.0 -- --
13444 Madison Avenue , Ocean City, MD,21842 $750,000 3 2.0 2,000 5000 Sqft
12918 Charles Street , Ocean City, MD,21842 $199,900 -- -- 5,250 5250 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/11/2024 @ 16:10

MLS: MDWO2019446
LISTED BY: Spike Sands , Berkshire Hathaway HomeServices PenFed Realty - OP
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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