2001-LOT 125 Herring Way

    OCEAN CITY, MD 21842
    • $600,000
    • STATUS: Active
    • ON SITE: 106 days
    • ID#: MDWO105954
    UPDATED: 99 min ago
    $600,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,622
      SQFT
    • $56
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1950
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Great opportunity to own 1 or 2 lots-125 and 126 on the waterfront in Downtown Ocean City. 16,250 total sq. ft. of LC1 commercial zoned property on Herring Way. This was part of the Islander Motel and the owner demolished the buildings and manicured the lot for easy redevelopment for new owners. Fencing on the bulk headed waterfront has been replaced by owner and currently has 9+boat slips-4+each- for use by the new buyers. 1 water/sewer hook ups on each lot at the property. Creative owner financing with approved credit with minimum down payment & possible deferred payments with a balloon payment due when negotiated. Lots can be sold together for $1.2 million. Each lot has its own water and sewer connection. Call listing agents for details.

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-08-18T19:51:34.68.
    www.shamrockrealtygroup.com/homes/94386662

    2001-LOT 125 Herring Way OCEAN CITY, MD 21842

    • Price: $600,000
    • Status: Active
    • Updated: 99 min ago
    • ID#: MDWO105954
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    10,622
    SQFT
    $56
    $/SQFT
    1950
    Built
    Neighborhood:
    Bayside Waterfront (84)
    County:
    Worcester
    Area:
    Bayside Waterfront (84)
    Elementary School:
    Ocean City
    Middle School:
    Berlin
    High School:
    Stephen Decatur
    School District:
    Worcester County Public Schools
    Property Description
    Great opportunity to own 1 or 2 lots-125 and 126 on the waterfront in Downtown Ocean City. 16,250 total sq. ft. of LC1 commercial zoned property on Herring Way. This was part of the Islander Motel and the owner demolished the buildings and manicured the lot for easy redevelopment for new owners. Fencing on the bulk headed waterfront has been replaced by owner and currently has 9+boat slips-4+each- for use by the new buyers. 1 water/sewer hook ups on each lot at the property. Creative owner financing with approved credit with minimum down payment & possible deferred payments with a balloon payment due when negotiated. Lots can be sold together for $1.2 million. Each lot has its own water and sewer connection. Call listing agents for details.
    Exterior Features

    Construction Materials Other Docks 5+ Garage YN No Lot Features BulkheadedCleared Other Structures Above GradeBelow Grade Parking Types Parking Lot Slips 5+ View CanalBay Water Access YN Yes Water Body Type Canal Water Oriented YN Yes Waterfront YN Yes

    Interior Features

    Above Grade Fin SQFT 10622 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 10622.00 Cooling None Fireplaces Total 0 Heating Other Heating YN Yes Inclusions 2 Water/Sewer Hookup ConnectionsFencing And Docks Net Square Feet 16259.00

    Property Features

    Acceptable Financing CashConventionalExchangeSeller FinancingNegotiable Accessibility Features None Assessment Year 2019 Association YN No Business Type Apartment BuildingHotel/MotelOther Central Air YN No Cooling Fuel None Heating Fuel None Hot Water None Navigable Water YN Y New Construction YN No Number Of Units Total 0 Original MLSNumber 301687853011 Ownership Interest Fee Simple Physical Dock Slip Conveys YN Y Possession Immediate31-60 Days Cd61-90 Days Cd90-120 Days CdNegotiable Property Sub Type Land For Commercial Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 15122.0 Tax Assessment Amount 815800.0 Tax Lot 3269 Utilities Electric Available Vacation Rental YN No Water Source Public Year Built Effective 2018 Zoning Lc-1

    Listing courtesy of Berkshire Hathaway Homeservices Penfed Realty - Op.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-08-18T19:51:34.68.
     
    Shamrock Realty Group, Inc
    11049 Racetrack Road
    Ocean Pines MD, 21811