A landmark business in Ocean City will be closing soon after 46 years.

Since 1977, the 34th Street Market and Garden Shop has been a big part of the Ocean City 34th Street shopping district. The business, which consists of the market, bike shop and Scoop Box Ice Cream posted this message Wednesday on Instagram.

Many of you have heard the 34th St Market, Bike Shop and Scoop Box Ice Cream Shop will be closing this December 2023. Ron and his team would like to thank everyone for a great 46 years ! Thank you to our wonderful customers! We will hold on to all the great memories! Merry Christmas and have a wonderful New Year! ❤️

It appears that 34th Street Market owner Ron Farnath is a tenant in this location and the property's owner is a motivated seller.

A real estate ad lists a sale of the location as pending. According to public records, the property was put on the market in June for $2.3 million.

In September, the price was reduced by $260,000. The pending sale price is listed as $1,575,000, a price drop of over 22 % less than the original asking price.

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