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$137,000
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Property Description
**BACK TO ACTIVE AT NO FAULT OF SELLER** Outstanding Commercial opportunity to own a highly visible property with direct frontage on US Route 50, traveled by over 30,000 vehicles daily. Situated on just under a quarter acre and zoned General Commercial (confirm intended uses with the City of Cambridge), this flexible property is ideal for business owners, tradespeople, or investors. The existing structure offers a 1-2 bedroom layout with a spacious kitchen, LVP flooring in the living area, laundry/utility room, and recent updates including a new furnace (2023) and roof (2017)- previously rented for $1340/mo.. Public water and sewer are already connected, and the ample outdoor space provides options for vehicle or material storage. Whether you're looking to establish a small business, work on-site, or redevelop in a high-traffic corridor, this property combines affordability, exposure, and long-term potential. Owner Financing Available for qualified buyers!
Full Property Details
Full Property Details for 2835 Ocean Gateway
General
- Sold For: $137,000
- Taxes: $2,617 (2024)
- Status: Closed
- Type: Warehouse
- Source: BrightMLSMidAtlantic
- MLS ID: MDDO2008544
- Added to Site: 429 day(s) ago
Business
- Business Type: Professional, Other, Flex, Auto Related, Day Care Faci
Rooms
Bathrooms
- Restrooms: 1
Parking
- Total Spaces: 4
- Parking Features: Private
- Parking Type: Driveway
Location
- Municipality: Cambridge
- County: DORCHESTER
- Driving Directions: US Rt.50 East Bound, right side of highway just past Rusticana Pizza & Kravens Comic Books. Sign Posted
- Traffic Count: Greater than 30000
- Location Details: Highway
- City Limits: Yes
School Information
- Elementary School: Call School Board
- Middle School: Maces Lane
- High School: Cambridge-South Dorchester
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Propane - Leased
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Foundation: Crawl Space
- Roof: Architectural Shingle
- Building Size: 648
- Year Built: 1940
- Year Built Source: Estimated
- Property Condition: Average
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 10,018
- Lot Size Source: Estimated
- Frontage Feet: 50
- Zoning: B2
- Lot Description: Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $231.48
- Assessment Year: 2024
- City/TownTax: $1,146
- City/TownTax Freq: Annually
- County Tax: $1,470
- County Tax Freq: Annually
- Tax w/Assessment: $141,567
- Tax Amount: $2,617
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by Sharon Real Estate P.C., Sydney Johnson Cohee
Sold by Unrepresented Buyer Office, Unrepresented Buyer
Get Pre-Approved Today
Schools
Schools serving 2835 Ocean Gateway
School District:Dorchester County Public Schools
| Name | Grades | Distance |
|---|---|---|
Maple Elementary School 5225 Egypt Road, Cambridge, MD 21613 | PK-5 | 2.7 mi |
Mace's Lane Middle School 1101 Maces Lane, Cambridge, MD 21613 | 6-8 | 2.6 mi |
Cambridge-South Dorchester High School 2475 Cambridge Beltway, Cambridge, MD 21613 | 9-12 | 2.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2835 Ocean Gateway
Date
Details
Price
Change
Source
12/12/2025
Sold
$137,000
-8.67%
MLS
1/22/2025
Price Reduced
$150,000
-3.16%
MLS
11/14/2024
Listed
$154,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2835 Ocean Gateway, Cambridge, MD 21613 (MLS# MDDO2008544) is a Warehouse property that was sold at $137,000 on December 12, 2025. Want to learn more about 2835 Ocean Gateway? Do you have questions about finding other Warehouse real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.

