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9801 / 9805 GOLF COURSE ROAD, Ocean City, MD 21842
$1,099,000 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,712
sqft
Built in
1940
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.
Features & Amenities
Interior
- General:
- Breakfast Area,Built-Ins,Floor Plan - Open,Kitchen - Galley,Recessed Lighting,Upgraded Countertops
- Appliances:
- Built-In Microwave,Dishwasher,Disposal,Dryer - Electric,Refrigerator,Stainless Steel Appliances,Washer,Water Heater
- Flooring:
- Luxury Vinyl Plank
- A/C:
- Central A/C
- Heating:
- Y, Heat Pump(s), Electric
- Disability Feature:
- None
Exterior
- General:
- Above Grade,Below Grade
- Style:
- Coastal
- Parking:
- Shared Driveway
Construction
- Roofing:
- Architectural Shingle
- General:
- Concrete,Stick Built, 1, Crawl Space
Location
- Originating MLS:
- BRIGHT_MAIN
- School District:
- WORCESTER COUNTY PUBLIC SCHOOLS
- County:
- WORCESTER
Lot
- Zoning:
- C-2, 2410016096
- Current Use:
- R
Utilities
- Water:
- Well
- Sewer:
- Public Sewer
Financial
- Source:
- BRIGHT_MAIN
- Exclusions:
- Contents of storage shed
This listing courtesy of:
Berkshire Hathaway HomeServices PenFed Realty - OP, Spike Sands
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Ocean City, MD
Housing
- Number of Units
- 28,700
- Median Home Value
- $351,933
- Median Rent
- $932
28.15% of housing units are renter occupied.
82.27% are vacant.
Commute
- Car
-
75.14%
- Public Transportation
-
3.14%
- Walk to Work
-
3.68%
- Work from Home
-
15.57%
- Other
-
0.52%
The median travel time to work is 19 minutes.
People
- Population
- 9,862
- Median Age
- 51.20
- Median Household Size
- 2.30
Education
- High School
-
30.02%
- Associate’s Degree
-
8.97%
- Bachelor’s Degree
-
20.03%
- Graduate Degree
-
13.38%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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