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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
Property Subtype Commercial
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Parking Lot
  • Storefront, Retail or Residential
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'

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-028221
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$445,000
  • Listing ID: 24587612

  • Date on Market: 12/2/2021

  • Last Updated:

  • Address: 106 S Baltimore Ave, Ocean City, MD 21842

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