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706 Philadelphia Ave, Ocean City, MD

$5,299,000 - $5.3M Price - 27,740 Sqft - 1 Acres - 534 DOM

One of Ocean Cities best known locally owned land mark shopping centers, Midway Shopping Center. Sale includes parcels 4092, 4093, 4094, 4096, & 3829. Land area is 56,300 sq. ft. of mainly commercially zoned lots. Shopping center is fully leased. Tenants include: Pittsburg Paints, Restaurant Equipment Sales, Midway Market, Pizza Mambo's, Laundry Mat, Pickles Pub, Liquor Store, Office Space. Properties also include as mentioned above: 3 - 2 Bedroom, 1 Bath apartments rented weekly/year round. Call listing agent for all showings. Income available to per-qualified purchasers.

Essential Information

For 706 Philadelphia Ave, Ocean City, MD
  • MLS® # 506101
  • Price $5,299,000
  • Square Footage 27,740
  • Acres 1.00
  • Year Built 1950
  • Type Commercial Improved
  • Status Active

Community Information

For 706 Philadelphia Ave, Ocean City, MD
  • Address 706 Philadelphia Ave
  • Area Worcester East of 113
  • City Ocean City
  • County 24 - Worcester
  • State MD
  • Zip Code 21842

Amenities

For 706 Philadelphia Ave, Ocean City, MD
  • Pool None

Interior

For 706 Philadelphia Ave, Ocean City, MD
  • Basement None
  • # of Stories 2

Exterior

For 706 Philadelphia Ave, Ocean City, MD
  • Exterior Concrete Block
  • Lot Description 200x250
  • Roof Built Up
  • Foundation Concrete Block

Additional Information

For 706 Philadelphia Ave, Ocean City, MD
  • Date Listed September 7th, 2016
  • Days on Market 534
  • Building Name N/A
  • O.C. Locations 82 - Ocean Block

Listing Details

For 706 Philadelphia Ave, Ocean City, MD
  • Agent Ken Church
  • Office Coldwell Banker/Bud Church Rea

Price Change History for 706 Philadelphia Ave, Ocean City, MD (MLS® #506101)

Date Details Change
Price Reduced from $5,800,000 to $5,299,000 $501,000 (8.64%)

The information being provided by the Coastal Association of REALTORS® is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The data is deemed reliable but is not guaranteed accurate by the MLS.