12907 Harbor Rd - Marinas FOR SALE


Ocean City, MD 21842
$1,500,000 USD
410-543-2440
12907 Harbor Rd, Ocean City, MD for Sale
$1,500,000 USD
Marinas - FOR SALE
1/15
null | Request Cap Rate

12907 Harbor Rd
Ocean City, MD 21842


HIGHLIGHTS

  • Premier Harborfront Location Within One of the Mid-Atlantic's Most Active Commercial & Recreational Fishing Markets
  • Direct Access to the Atlantic Ocean & Regional Fishing Grounds
  • Harbor Dredged in 2025, Enhancing Navigability & Accommodating a Wider Range of Vessel Size
  • Compelling Value-Add Opportunity with Redevelopment Potential
  • Supply-Constrained, High-Demand Slip Rentals

OVERVIEW

Located in the heart of the highly sought-after West Ocean City Harbor, this 2-parcel property located at 12905 & 12907 Harbor Road presents a rare value-add investment opportunity within one of the Mid-Atlantic’s most active commercial and recreational fishing markets. The property includes six boat slips, a 432 SF office building, and a 3,700 SF warehouse with office space, providing the infrastructure needed to support a range of maritime and waterfront commercial uses. While existing improvements require capital investment to fully realize their leasing potential, a compelling opportunity exists for investors to reposition and modernize the asset. Commercial fishing operators, marine service providers, and waterfront-related businesses will find an excellent combination of waterfront access, marine infrastructure, and flexible building spaces to meet their needs, while investors and developers will find a marina site that is prime for repositioning.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$3,472 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Marina Development Opportunity

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Marinas

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

Commercial Marine Distrct

APN/PARCEL ID

10-024684,10-025273

ASK ABOUT THIS PROPERTY

Meredith MearsSVN | Miller Commercial Real EstateMore Info
410-543-2440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Meredith MearsSVN | Miller Commercial Real EstateMore Info
410-543-2440

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.