Commercial Redevelopment - Retail, Office, Hospitality
Listing was updated at: 01/10/2019
Property Overview
Price/Rent PSF $ 1,189,900.00
Asset Type Land
Trade Type Sale
Acres Available 2.38
Date Available 01/10/2019
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Description

Location
The property is located 1-parcel away from a major lighted intersection (adjacent to a Walgreens) in the heart of Ocean Pines, MD which is a premier resort residential community just 5-miles outside of Ocean City, MD. Ocean Pines as 8,452 residential lots with 20,000 residents. Worcester County has the most Blue Ribbon schools of any county in the state per capita.

Sale
Highly visible commercial property prime for redevelopment, or to locate your office or retail location. The site is connected to (via an easement) a recently developed Walgreens at a lighted intersection. The property is situated within sight of the Rt. 90 interchange which is one of three major access points into Ocean City that has 8,000,000+/- visitors a year. The property currently consists of a 9,248 SF two-story building on 2.38 acres. The zoning is C-2 General Commercial which allows for a more intense commercial development.

Location: The property is located 1-parcel away from a major lighted intersection (adjacent to a Walgreens) in the heart of Ocean Pines, MD which is a premier resort residential community just 5-miles outside of Ocean City, MD. Ocean Pines as 8,452 residential lots with 20,000 residents. Worcester County has the most Blue Ribbon schools of any county in the state per capita. Demographics are strong with household income 40% higher than the national average and average home values are 100% higher than the national average.

Location