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- LoopNet Team
106 S Baltimore Ave
Ocean City, MD 21842
Land For Sale · 0.11 AC
Investment Highlights
- Close to Beach
- Opportunity Zone
- Close to Boardwalk
PROPERTY FACTS
Property Type | Land | Proposed Use |
Commercial
|
Property Subtype | Commercial | Total Lot Size | 0.11 AC |
Property Type | Land |
Property Subtype | Commercial |
Proposed Use |
Commercial
|
Total Lot Size | 0.11 AC |
Description
Downtown Ocean City redevelopment opportunity situated on the corner of Talbot Street and Baltimore Avenue. Prime location just one block to the beach and Boardwalk. Parcel is zoned DMX (Downtown Mixed Use). Lot 54 is part of the Original Plat of Ocean City dated 1875. Lot is 5000 square feet and measures 50' x 100'. This was the previous site of the iconic Taylor House, known as the Talbot Inn when it was built in 1904. Current owner/developer has City approval to build (5) 3 bedroom 2 bath townhomes on the property. Multiple other residential, commercial and mixed-use redevelopment scenarios exist for this property. Determination of Non-Conformity completed by the Town of Ocean City in December 2018 regarding the grandfathering of density, setbacks and parking. See loaded documents. Property is located in one of Maryland’s Opportunity Zones which offers financial and other incentives available at the state, county and municipal level for new capital investment in the community. ? Additional information available through the OCDC (Ocean City Development Corporation) For more information on the history of the property Google 'Ocean City Life Saving Station Museum Lot 54'
Links
PROPERTY TAXES
Parcel Number | 10-028221 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $445,000 |
PROPERTY TAXES
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Listing ID: 24587612
Date on Market: 12/2/2021
Last Updated:
Address: 106 S Baltimore Ave, Ocean City, MD 21842
The Land Property at 106 S Baltimore Ave, Ocean City, MD 21842 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.