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1706 & 1708 Philadelphia AvenueOcean City, MD 21842Price: $5,900,000

  • Price: $5,900,000
  • 23 Days on Market
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Federal 30-year interest rate: 6.49% last updated on Jul 9, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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1706 & 1708 Philadelphia Avenue Ocean City MD 21842
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  • 0.8Acreage
  • 1980Year Built
  • 483Price Per Square Foot
  • 2Units
A piece of Ocean City history is back on the market! Here's your chance to own and reimagine an iconic space - home of the Paddock Night Club. Sprawling an entire city block, totaling almost an acre of commercially zoned property right on Coastal Hwy! There are not many places that offer the same space and opportunity, and definitely none that have the history of this building. Plans are in-hand for a full conversion if desired. Call today to schedule a private tour!
Listed by Peck Miller of Coldwell Banker Realty

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

More Info

Location Information

  • UsmAreaOcean City - Ocean Block

Parking

  • Parking FeaturesPaved Parking
  • Parking TypesParking Lot

Basic Information

  • Date Listed06/22/2026

Location

  • Address1706 & 1708 Philadelphia Avenue
  • Building Number1706 & 1708
  • CountyWorcester
  • DirectionsGPS: Entire block between 17th St & 18th St.
  • In City Limits YNYes
  • IncorporatedcitynameOcean City
  • OC CrossStreet17
  • StateMD
  • TownOcean City
  • Zip21842

Interior

  • FlooringHardwood, Heavy Duty, Laminated, Partially Carpeted

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Electric150 Amps
  • Heat SystemCentral
  • Heating FuelElectric
  • Heating YNYes
  • SewerPublic Sewer
  • UtilitiesCable TV Available, Electric Available, Natural Gas Available
  • Water HeaterElectric
  • Water SourcePublic

Basic Information

  • Broker NameColdwell Banker Realty
  • List Price$5,900,000
  • LocationTypeCorner Lot/Unit
  • MLS Area MajorOcean Block
  • MLS NumberMDWO2039284
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot483
  • Security Features24 hour security, Monitored
  • StatusACT
  • Units2

Building

  • Building Area SourceEstimated
  • Building Area Total12211
  • Construction MaterialsFrame, Metal Siding, Mixed, Stick Built
  • FoundationBlock
  • Total Garage And Parking Spaces30
  • Year Built1980

Exterior

  • RoofMetal, Built-Up

Tax Information

  • Assessment Year2026
  • City Town Tax$13,929
  • City Town Tax Payment FrequencyAnnually
  • County Tax$25,653
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$3,375,800
  • Tax Lot1,2,3,4,7,16,5,6
  • Tax Year2026
  • Taxes$43,110
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.8
  • Business TypeRestaurant/Bar
  • Lot DescriptionCleared, Corner
  • Lot Size SourceEstimated
  • Lot Size Square Feet34,700
  • New Construction YNN
  • Property SubTypeMixed Use
  • Road ResponsibilityCity/County
  • Road Surface TypeBlack Top
  • ZoningLC-1

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated July 14, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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