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OCEAN CITY Real Estate
Property For Sale


12614 OCEAN GATEWAY
OCEAN CITY Delaware


0 Bedrooms, 0 Bathrooms
Five Or More Units
Price: $3,595,000.00

Tremendous West Ocean City development opportunity. Either purchase and run the existing totally restored Alamo Motel which consist of 40 totally restored rooms, a 100% restored restaurant and an amazing pool with bar and outside seating. Or purchase and develop. 1.82 Acres of commercially zoned land in the booming West Ocean City market. Rt 50 Exposure with 200 ft of direct access. Across from the Outlets, 2 minutes to downtown Ocean City, 10 minutes to Assateague Island, 2 minutes to the World famous Harbor. As a developmental bonus. The sellers are willing to include at cost, 45 Edus they have obtained to go and transfer with this amazing location. These 45 Edus give this location massive development potential . Seller will not sell Edus to any other entity, they must transfer to the new owner as they are tied to this location only. Call listing agent for all details. Do not show without listing agent present.

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Bedrooms: 0
Full Baths: 0
Half Baths: 0
Waterfront:
Waterview:
Lot Dimensions: 0.00 x 0.00
Acreage: 1.82
Dwelling Sq Ft: 0.00
Dock:
Garage: Parking Lot
Flooring: Ceramic Tile,Tile/Brick,Wood,Other
Heating: Forced Air,Wall Unit
Cooling: Wall Unit


Appliances:
Interior Features:
Exterior Features:
HOA/Condo Ammenities:
County Taxes: $12,486
City Taxes: $0
Water Fee: $0
Sewer Fee:
$0
Association Fee: $0
Condo Fee: $0
Trash Fee: $0
Ground Rent: $0

Courtesy of: Coldwell Banker/Bud Church Rea
Listing Status: Active



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OCEAN GATEWAY





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All Listings data based on information from Sussex County Association of REALTORS®, which neither guarantees nor is in any way responsible for it's accuracy. All data is provided 'AS IS' and with all its faults. Data maintained by Sussex County Association of REALTORS® may not reflect all real estate activity in the market. CROWLEY ASSOCIALTES REALTY, INC. is a Real Estate licensee in the State of Delaware License Number: SCAOR: #SCAOR07031

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