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Listed by Wesley Cox • SVN/Miller Commercial Real Estate
$3,300,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDWO2040130
Year Built 2006
Annual Tax Amount $19,522
Tax Year 2025
Lot Dimensions 250x95
Property Sub-Type Office
Source BRIGHT
Property Description
Fully leased with triple net leases!! 6200 Coastal Highway is positioned in the heart of Ocean City along the island's primary commercial corridor, offering exceptional visibility and accessibility within one of the East Coast's most established resort destinations. Located directly on Coastal Highway at the Rt. 90 bridge intersection, the property benefits from being at the entrance of one of the only access points to get on the island, which offers the property consistent year-round traffic counts and unparalleled exposure to the millions of visitors who travel to Ocean City annually.
Ocean City's barrier-island geography creates a significant barrier to new development, with virtually no land remaining for meaningful commercial expansion. As a result, existing commercial assets along Coastal Highway continue to experience strong tenant demand and long-term value stability driven by limited supply and sustained market growth.
Ocean City's barrier-island geography creates a significant barrier to new development, with virtually no land remaining for meaningful commercial expansion. As a result, existing commercial assets along Coastal Highway continue to experience strong tenant demand and long-term value stability driven by limited supply and sustained market growth.
Location
State MD
County Worcester
Area Ocean Block (82)
Zoning R3
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Heat Pump(s)
Heat Source Electric
Exterior
Garage Spaces 40.0
Water Access N
Roof Type Metal
Accessibility Ramp - Main Level, Level Entry - Main, Elevator
Total Parking Spaces 40
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Worcester County Public Schools
Others
Tax ID 2410747945
Ownership Condominium
Special Listing Condition Standard
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