Price Reduction
Address
3147 Ocean Gateway, Cambridge, MD
Price
$ 469,500
Property Attributes
- MLS#MDDO2005972
- TypeCommercial
- CountyDORCHESTER
- CityCambridge
- Zip21613
- StyleProfessional,,/General Retail,Flex
- Year Built1971
- Taxes$ 3041
- Price$ 469,500
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4500
- Lot Size1.47 Acres
Data Source:
Bright MLS
Property Description
The property has superb highway visibility and faces RT 50 East on the outskirts of Cambridge in Dorchester County Maryland with approximately 30,000 ADT in daily traffic counts. The property is 4500 sq ft in total. The main retail-office service area is a 3,408 sq ft masonry building in excellent condition. There is an attached 1,100 sq ft warehouse, with a 10x10 overhead door. Zoning is Dorchester County B-2 General Business District which allows for a variety of different uses. The property comes with a road-facing digital LED sign that is computer-controlled. See the allowable uses table for the B-2 zoning attached under the Documents folder of the property website. The current occupant is in the process of moving. The property will be available in early January 2024. Property infrastructure details, allowable zoning uses, and traffic count details are in the attached documents section. ----There is a full property brochure available in the documents section. Ask the listing agent or your agent for a copy. Fantastic Highway Visibility All LED Lighting in Retail Area 5 year Old Roof with a Transferable Warranty Electronic Digital LED Sign Attached 1,100 SF Warehouse area with 10 x 10 Drive-In Door Flexible B-2 Business District Zoning Dorchester County General
| Price History | |
|---|---|
| 10/26/2023 | Listed $565,000 |
| 4/16/2024 | 17% - $469,500 |
General Features
| Sewer | Aerobic Septic |
|---|---|
| Heating | 90% Forced Air |
| Cooling | Heat Pump(s) |
| Utilities | Electric Available,Phone Available,Water Available,Sewer Available |
| Possession | Immediate |
| Roof | Composite |
| Zoning | SR |
| Construction Materials | Block |
| Year Built | 1971 |
| Property SubType | Retail |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Professional,Other,Other/General Retail,Flex |
| Accessibility | Other |
| County | DORCHESTER |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Property Use | Owner User |
| Status | ACTIVE |
| Directions | 3147 Ocean Gateway Cambridge Maryland on the right-hand side of RT 50 if leaving Cambridge and heading East toward Salisbury and Ocean City MD. |
| ModificationTimestamp | 2024-04-16T13:54:24 |
| City | CAMBRIDGE |
| Buyer Agent Compensation | 3 |
| Total Units | 1 |
| Lot Size Square Feet | 64033.00 |
| Tax Assessed Value | 271600.0 |
| Waterfront Y/N | No |
| Street Name | OCEAN |
| Tax Annual Amount | 3041.0 |
| Property Condition | Excellent |
| Price Per Sq Ft | 104.33 |
| Vacation Rental Y/N | No |
| Days on Market | 188 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Propane - Leased |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | GATEWAY |
| Central Air Y/N | No |
Exterior Features
| Water Source | Well |
|---|---|
| Total Parking Spaces | 16 |
| Type of Parking | Parking Lot |
| Water View Y/N | No |
| Building Area Total | 4500.00 |
| Lot Size Acres | 1.47 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 15 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 21613
Price
Taxes
Visits
Year Built
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