Katherine Caruso - REMAX Distinctive
801 Atlantic Ave
OCEAN CITY, MD 21842

$16,000,000

Description

The Lankford Hotel - A Historic Landmark Ocean City Boardwalk Hotel located in downtown Ocean City on 8th Street. Property consists of the main hotel located at 801 ~ 805 Boardwalk, the Ayresbilt, which holds 9 apartments, the Sea Robin which is a three floor, two apartment building and the Lankford Lodge which has two apartments and 11 rooms, for a total of 53 rental units. Sale also includes (6) commercial storefront properties on the boardwalk level and below boardwalk level. A total of approx. 43,222 finished square feet. Total lot approx. 41,650 square feet. Ocean/Boardwalk frontage 200 feet. Sale includes the following (3) tax parcels: Tax ID Nos. 10-034183; 10-033683; 10-034191

Details

MLS#MDWO101142
StyleIndustrial
Sub-TypeResale
StatusActive
Year1924
Days On Site15

Features

SQ Feet43,222
Story(s)0
ZoningBC-2, R-3

Loading Form

Loading Form

Area Information

StateMD
CityOCEAN CITY
Zip Code21842
AreaDirect Oceanfront (80)
Listing VS Median (in 21842)
Price:
$16,000,000
low | high
Med:
$290,000
100% of Average
SqFt:
43,222
low | high
Med:
720
100% of Average
$ / SqFt:
$370
low | high
Med:
$403
41.194618055556% of Average
On Site:
15
low | high
Med:
24
62.5% of Average
Listing Updated: 12/14/2018
MLS Number: MDWO101142
Listing Provided By:
Monica McNamara  of  Coldwell Banker Residential - 64

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

Information Deemed Reliable But Not Guaranteed

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller.

Copyright BRIGHT, All Rights Reserved