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Ocean Gateway Ocean City, MD $ 1,800,000
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$ 1,800,000 Get more info
Ocean Gateway
$ 1,800,000
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New Construction
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Ocean Gateway

Ocean City, MD, 21842
$ 1,800,000
Baths0.0 Sq 635,976

Monthly Estimate*

$ 11,963

Ocean Gateway, Ocean City, MD 21842 - Image 1
Ocean Gateway, Ocean City, MD 21842 - Image 2
Ocean Gateway, Ocean City, MD 21842 - Image 3
Studio

Commercial Property for sale in Ocean City, MD

for $1,800,000. This 635,976 square foot building was built in 2023 on a lot size of 14.6.

+/- 14.6-acres of commercial land with prime highway frontage along Route 50's eastbound lanes (Ocean Gateway) in West Ocean City, Maryland. Prime development opportunity! Delineation report available, approved perc. Well/Septic.

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Commercial Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,407

Style

Apartment Building,Auto Related,Convenience Store

Lot Size

14.6

Year Built

2023

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2010500
Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Street Suffix GATEWAY
Central Air Y/N N
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General
Sewer Private Septic Tank
Heating Other
Cooling Other
Possession Settlement
Zoning C2
Construction Materials Other
Year Built 2023
Property SubType Land for Commercial Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Other
Business Type Apartment Building Auto Related Convenience Store/Gas Flex Medical Other/General Retail Professional Other Warehouse
Accessibility Other
County WORCESTER
New Construction Y
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located along the eastbound lanes of Route 50 in West Ocean City Maryland.
City OCEAN CITY
Buyer Agent Compensation 2.5
MLS Area West Ocean City (85)
Lot Size Square Feet 635976.00
Waterfront Y/N N
Street Name OCEAN
Tax Annual Amount 4407.0
Property Condition Excellent
Construction Completed Y/N N
Vacation Rental Y/N N
Days on Market 448
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Well
Type of Parking Other
Water View Y/N N
Building Area Total 0.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 14.60
Lot Size Units Square Feet
Lot Size Source Assessor
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded Features
List By
Nai Coastal

Broker

chris@naicoastal.com

Email

Affordability Calculator

$12,331
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,963
Monthly Property Taxes
$367
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/29/2023$1,800,000 -9.55% Price Down
3/13/2023$1,990,000 -13.48% Price Down
9/29/2022$2,300,000 Listed Price

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Ocean Gateway, Ocean City, MD, 21842 is a Commercial Property for sale at $1,800,000 with 635,976 sqft and a lot size of 14.6. Ocean Gateway is a studio with 0.0 baths and was built in 2023. The property's zip code is 21842 which is in Ocean City, MD

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