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12445 Ocean Gateway Drive , 1,2,3,4,5&6

OCEAN CITY, MD 21842
  • $1,349,000
  • STATUS: Active
  • ON SITE: 114 Days
  • ID#: MDWO2001228
UPDATED: 16 min ago
$1,349,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
Built:
1989
County:

School Ratings & Info

Description

PRIME RTE 50 LOCATION! Turnkey Restaurant/Pub opportunity. Mulligans, a successful Restaurant operation from 93-2002 Gross Annual Income over $2M. Six condominium units together have been a fine dining/sports pub since 2003. Restaurant includes an Italian Pizza oven with imported stone from Italy. All fixtures and equipment convey. Arcade Games negotiable. Close to the large community of Glen Riddle Farm, traffic from Amusements across the street and close to several other dining establisments. Minutes from Ocean City and close to White Marlin mall. Upstairs has 2 offices and one bath. 6 units convey with 12 EDU's and over 100 parking spaces. All six condos have new HVAC systems, new flooring, remodeled bathrooms, new Kitchen equipment. Numerous possiblities exist for this site.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Jett | Virginia CU Realty. 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. Data last updated: 2021-11-26T17:49:59.927.
www.debbiejett.com/homes/119982709
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12445 Ocean Gateway Drive , 1,2,3,4,5&6 OCEAN CITY, MD 21842

  • Price: $1,349,000
  • Status: Active
  • On Site: 114 Days
  • Updated: 16 min ago
  • ID#: MDWO2001228
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1989
Built
Neighborhood:
West Ocean City (85)
County:
Worcester
Area:
West Ocean City (85)
School District:
Worcester County Public Schools
Property Description
PRIME RTE 50 LOCATION! Turnkey Restaurant/Pub opportunity. Mulligans, a successful Restaurant operation from 93-2002 Gross Annual Income over $2M. Six condominium units together have been a fine dining/sports pub since 2003. Restaurant includes an Italian Pizza oven with imported stone from Italy. All fixtures and equipment convey. Arcade Games negotiable. Close to the large community of Glen Riddle Farm, traffic from Amusements across the street and close to several other dining establisments. Minutes from Ocean City and close to White Marlin mall. Upstairs has 2 offices and one bath. 6 units convey with 12 EDU's and over 100 parking spaces. All six condos have new HVAC systems, new flooring, remodeled bathrooms, new Kitchen equipment. Numerous possiblities exist for this site.
Exterior Features

Construction Materials Stone Garage YN No Location Type Highway Parking Features Lighted Parking Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Exclusions Arcade Games (Can Be Negotiated) Flooring CarpetConcreteVinyl Heating Heat Pump(S) Heating YN Yes Inclusions Restaurant EquipmentFixturesFurniture Leasable Area 9000

Property Features

Acceptable Financing ConventionalCash Accessibility Features 32"+ Wide DoorsDoors - Swing In Assessment Year 2019 Association YN No Business Name Mulligans Business Type Restaurant/BarShopping Center Central Air YN Yes Cooling Fuel Electric Current Use Restaurant Foundation Details Slab Heating Fuel Electric Hot Water Electric Lease Considered YN No Municipality Ocean City Navigable Water YN N New Construction YN No Original MLSNumber 800917733620 Ownership Interest Other Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 19584.00 Tax Assessment Amount 1023000.00 Utilities Cable Tv AvailablePhone Available Vacation Rental YN No Water Source Public Zoning C2

Listing courtesy of Coldwell Banker Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use 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 may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Debbie Jett | Virginia CU Realty. 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. Data last updated: 2021-11-26T17:49:59.927.
 
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Debbie Jett | Virginia CU Realty
4531 Spotsylvania Parkway
Fredericksburg VA, 22408