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12907 Harbor Rd - Marina Development Opportunity 432 SF Specialty Building Offered at $2,087,550 CAD in Ocean City, MD 21842
Investment Highlights
- Premier Harborfront Location Within One of the Mid-Atlantic's Most Active Commercial & Recreational Fishing Markets
- Harbor Dredged in 2025, Enhancing Navigability & Accommodating a Wider Range of Vessel Size
- Supply-Constrained, High-Demand Slip Rentals
- Direct Access to the Atlantic Ocean & Regional Fishing Grounds
- Compelling Value-Add Opportunity with Redevelopment Potential
Executive Summary
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.
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.
Property Facts
| Price | $2,087,550 CAD | Building Class | B |
| Price Per SF | $505.22 CAD | Lot Size | 0.99 AC |
| Sale Type | Investment or Owner User | Building Size | 4,132 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Marina | Year Built | 1982 |
| Zoning | Commercial Marine Distrct - Commercial Marine District | ||
| Price | $2,087,550 CAD |
| Price Per SF | $505.22 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Marina |
| Building Class | B |
| Lot Size | 0.99 AC |
| Building Size | 4,132 SF |
| No. Stories | 1 |
| Year Built | 1982 |
| Zoning | Commercial Marine Distrct - Commercial Marine District |
Amenities
- Waterfront
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $3,790,017 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,790,017 CAD
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12907 Harbor Rd - Marina Development Opportunity
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