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The King Charles Hotel & Family Apartments stands as a cornerstone of hospitality in Ocean City, Maryland, with a rich history and a loyal clientele. Known for its excellent reputation, this property has been meticulously maintained, reflecting the pride and dedication of its owner. Situated in a prime downtown area, this 21 room hotel & a 6 unit Apartment building is just steps away from the famous Ocean City boardwalk and beautiful beaches, making it an ideal destination for tourists seeking convenience and charm. This is a unique investment opportunity in the downtown area with its perfect blend of comfort and convenience, ideal for both leisure and business travelers. Each of the rooms are thoughtfully designed to create a welcoming atmosphere, featuring modern furnishing, plush bedding, flat screen tvs, wifi and private bathrooms. With 24 hour front desk, daily housekeeping and a refreshment area, guest are ensured a pleasant and welcoming stay! Guest enjoy sitting on the front porch and relaxing or hanging out with other guest for some fresh salty air! The investment opportunity with this property is endless considering it's high occupancy rate, and prime location, this hotel & apartments are perfect for someone looking to step into a thriving hospitality market! These are 2 separate deeded properties being sold together. Contact listing agent for showing and more details. Please do not go to hotel without scheduling an appointment. Bring all offers, possible owner financing. Buyers agent to verify all information is correct.
| DAYS ON MARKET | 7 | LAST UPDATED | 4/8/2025 |
|---|---|---|---|
| YEAR BUILT | 1950 | COMMUNITY | Ocean Block (82) |
| COUNTY | WORCESTER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | WORCESTER COUNTY PUBLIC SCHOOLS |
|---|
| PRICE HISTORY | |
| Prior to Apr 8, '25 | $2,300,000 |
|---|---|
| Apr 8, '25 - Today | $4,750,000 |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Electric, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Ocean Block (82) |
| CONSTRUCTION | Frame |
| HEAT | Baseboard, Natural Gas |
| LOT | 0.43 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | On Street, Lighted, Paved, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 4 |
| TAXES | 26948 |
| UTILITIES | Cable Available, Sewer Available, Water Available, Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Street |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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