12806 Ocean Gateway Hwy

Estimated Monthly Payment: $95,827/mo 12806 Ocean Gateway Hwy, Ocean City, MD 21842 MLS# MDWO108938 Commercial Sale Listing Status: ACTIVE UNDER CONTRACT
46
291
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REMARKS:

We are proud to introduce a once in a lifetime opportunity in Worcester County. The Francis Scott Key Hotel & Resort, developed and run by Kenny Baker and now run by his daughter Anne Marie and her husband, Jim. This family-oriented resort is located just 1 mile from Ocean Cities famous boardwalk and beach. This resort has been consistently named in the top 25 in the Nation on Trip Advisor for family run resorts and every year has received the Certificate of Excellence. The amenities include: Indoor Caribbean themed pool with full concession, an outdoor pirated themed shipwreck cove pool bar concession stand with gift shop as well as a pirate themed spray ground. 3 shuttle busses (2 handicapped accessible) transports guests to the beach and boardwalk. Guest~s also enjoy a full-scale restaurant on site, family movie theater, small conference center, arcade gust laundry as well as a full-scale laundry facility to complete all on site laundry needs for the hotel. Beach volleyball, basketball, picnic pavilion, fishing pond, and playground. There is a total of 240 guest rooms, 22 are single family vacation cottages which are rented weekly from Sat. to Sat. 80 have full kitchens, 112 have microwaves/compact refrigerators and 26 have smaller fridges. Guest rooms accommodate between 2-8 guests depending on room type. The entire property consists of 14 acres commercially zoned property located just across Rt. 50 from the outlet mall and around the corner from the world-famous West Ocean City Harbor and its top-rated waterfront restaurants. Call listing agent for all details. Please see attached video.

OVERVIEW:

Commercial Sale
ACTIVE UNDER CONTRACT
BRIGHT
1950
14.25
620730
Block
Architectural Shingle, Metal
Private
Paved, US Highway/Interstate
Wall Unit, Programmable Thermostat
Electric, Natural Gas
Central A/C
Well
Public Sewer
Cable TV, Natural Gas Available, Phone Connected

FEATURES:

Carbon Monoxide Detector(s), Fire Detection System, Security System, Sprinkler System - Indoor
Carpet, Ceramic Tile, Hardwood, Wood

FINANCIAL:

19900000
60954
60954

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Coldwell Banker/Bud Church Rea

 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Ergo Real Estate Company shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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