$4,750,000
( $333.17Per Sq Foot )
 $25,499 est/mo Sourced by Back At You

1209 N Baltimore Ave , OCEAN CITY, MD 21842

OCEAN CITY, MD 21842

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Description

The King Charles Hotel & Family Apartments stands as a cornerstone of hospitality in Ocean City, Maryland, with a rich history and a loyal clientele. Known for its excellent reputation, this property has been meticulously maintained, reflecting the pride and dedication of its owner. Situated in a prime downtown area, this 21 room hotel & a 6 unit Apartment building is just steps away from the famous Ocean City boardwalk and beautiful beaches, making it an ideal destination for tourists seeking convenience and charm. This is a unique investment opportunity in the downtown area with its perfect blend of comfort and convenience, ideal for both leisure and business travelers. Each of the rooms are thoughtfully designed to create a welcoming atmosphere, featuring modern furnishing, plush bedding, flat screen tvs, wifi and private bathrooms. With 24 hour front desk, daily housekeeping and a refreshment area, guest are ensured a pleasant and welcoming stay! Guest enjoy sitting on the front porch and relaxing or hanging out with other guest for some fresh salty air! The investment opportunity with this property is endless considering it's high occupancy rate, and prime location, this hotel & apartments are perfect for someone looking to step into a thriving hospitality market! These are 2 separate deeded properties being sold together. Contact listing agent for showing and more details. Please do not go to hotel without scheduling an appointment. Bring all offers, possible owner financing. Buyers agent to verify all information is correct.

Details

MLS#MDWO2029960
Listing TypeFor Sale
Sub-TypeResale
StatusACTIVE-BRIGHT
Year1950
Days On Site13
Listing Provided ByKarson Keys | Kimberly S. Jones

Features

Story(s)4
Units2
ZoningR-3A
Acreage0.43
Water FrontYes
Property ViewStreet

Market Activity 21842

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Learn More About This Property

StateMD
CountyWORCESTER MD
CityOCEAN CITY
Zip Code21842
AreaOcean Block (82)
School DistrictWORCESTER COUNTY PUBLIC SCHOOLS
Listing VS Median (In 21842)
Price:
$4,750,000
low | high
Med:
$440,000
100% of Average
On site:
13
low | high
Med:
252.000000
5.15873015873% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 0 - 0
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Listing Updated: April 19, 2025 at 3:47:47 PM PDT