Great opportunity to own 1 or 2 lots-125 and 126 on the waterfront in Downtown Ocean City. 16,250 sq. ft. of LC1 commercial zoned property on Herring Way. This was part of the Islander Motel and the owner demolished the buildings and manicured the lot for easy redevelopment for new owners. Fencing on the bulk headed waterfront has been replaced by owner and currently has 9+boat slips-4+ per lot- for use by the new buyers. 1 water/sewer hook ups at each the property. Creative owner financing with approved credit with minimum down payment & possible deferred payments with a balloon payment due when negotiated. Lots can be sold separately at $600,000 each. Each lot has its own water and sewer connection. Call listing agents for details.
Listing courtesy of Berkshire Hathaway HomeServices PenFed Realty - OP.