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Charles C. Heyward, Jr.

charles@heywardhomes.com +1(240) 604-9639

Listed by Kim Jones • Karson Keys

$ 2,450,000

Est. payment | -/mo

6,227 Sqft Lot

Save

$ 2,450,000

Est. payment | -/mo

Save

6,227 Sqft Lot

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDWO2035580

Year Built 1950

Annual Tax Amount $14,494

Tax Year 2025

Lot Size 6,227 Sqft

Acres 0.14

Lot Dimensions 0.00 x 0.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

Seize the opportunity to own a well-established and loved 21-room hotel, located just steps from the beach in a vibrant downtown setting. Positioned on the coveted ocean block, the hotel is perfectly situated for beachgoers and is surrounded by the bustling amenities of downtown, including restaurants, shops, and entertainment options.
With over two decades of operation, this hotel has built a loyal customer base, ensuring a steady stream of repeat clients and positive word-of-mouth referrals. The long-standing family management has fostered a warm and inviting atmosphere, making guests feel at home while providing a high standard of service. King Charles guest are also family! There is immense opportunity for expansion and enhancement through additional services, marketing strategies, or renovations to capitalize on its prime location and existing popularity.
This is a rare chance to acquire a successful hospitality business with deep-rooted community ties and a proven track record. Don't miss out on the chance to build upon this legacy and continue welcoming guests to their beloved seaside retreat! Contact us for more information and to schedule a viewing.

Location

State MD

County Worcester

Area Ocean Block (82)

Zoning R-3A

Interior

Hot Water 60+ Gallon Tank, Natural Gas

Heating Other

Cooling Wall Unit

Flooring Carpet, Hardwood, Laminated

Inclusions Everything but owners personal belongings

Heat Source Propane - Metered

Exterior

Garage Spaces 22.0

Utilities Available Cable TV, Electric Available, Phone, Sewer Available, Water Available

Water Access N

Roof Type Shingle

Street Surface Alley,Black Top,Paved

Accessibility None

Total Parking Spaces 22

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

High Schools Stephen Decatur

School District Worcester County Public Schools

Others

Tax ID 2410037638

Ownership Fee Simple

Security Features Desk in Lobby,Carbon Monoxide Detector(s),Monitored,Smoke Detector,Surveillance Sys

Acceptable Financing Cash, Conventional, Joint Venture, Negotiable

Listing Terms Cash, Conventional, Joint Venture, Negotiable

Financing Cash,Conventional,Joint Venture,Negotiable

Special Listing Condition Standard

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(240) 604-9639

charles@heywardhomes.com

16701 Melford Blvd, Ste 100, Bowie, MD, 20715

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1209 N BALTIMORE AVE Ocean City, MD 21842