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$1,350,000

  • For Sale
  • Active
  • Warehouse
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Versatile multi-unit investment in a well-situated location, featuring five fully leased units, including a residential space on Aireys Road. All tenants are long-term and well-established, providing consistent income and minimal turnover for a truly hands-off ownership experience. Included in the offering is an additional residential parcel, also tenant-occupied, adding further stability and income to the investment. The property offers convenient access to major routes, connecting the area to surrounding Eastern Shore communities and beyond, while maintaining a quiet, stable setting that appeals to tenants. With a proven rental history and strong occupancy, this is a dependable addition to any portfolio, blending stability, location, and long-term potential.

Full Property Details for 3109 Ocean Gateway

General

  • Price: $1,350,000
  • Taxes: $8,817 (2024)
  • Status: Active
  • Type: Warehouse
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDDO2010298
  • Updated: 3/6/2026
  • Added to Site: 385 day(s) ago

Business

  • Business Type: Auto Related, Flex, Storage

Parking

  • Total Spaces: 44
  • Parking Type: Parking Lot, Private Garage

Location

  • County: DORCHESTER
  • Driving Directions: Start on US50E/Ocean Gtwy, Destination will be on your right as you pass through Cambridge.
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: None
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Septic Exists
  • Water: Private, Well

Structural Information

  • Construction: Metal Siding
  • Drive-In Doors: 6
  • Building Size: 10130
  • Year Built: 2024
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 2.03
  • Lot Size (Sq. Ft.): 88,427
  • Lot Size Source: Assessor
  • Zoning: B-2

Financial Considerations

  • Price Per Sq. Ft.: $133.27
  • Assessment Year: 2025
  • County Tax: $8,817
  • County Tax Freq: Annually
  • Tax w/Assessment: $844,400
  • Tax Amount: $8,817
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple

Listed by Benson & Mangold, LLC, Chuck V Mangold Jr.

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Listing agent

— 3109 Ocean Gateway —

  • Chuck V Mangold Jr.

    Benson & Mangold, LLC

Listing Office Email: info@bensonandmangold.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 3109 Ocean Gateway

School District:Dorchester County Public Schools
NameGradesDistance
Maple Elementary School
5225 Egypt Road, Cambridge, MD 21613
PK-53.8 mi
Mace's Lane Middle School
1101 Maces Lane, Cambridge, MD 21613
6-83.7 mi
Cambridge-South Dorchester High School
2475 Cambridge Beltway, Cambridge, MD 21613
9-123.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3109 Ocean Gateway Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/13/2025
Listed
$1,350,000
58.82%
MLS
12/01/2020
Sold
$850,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3109 Ocean Gateway

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,703
61%
$844,400
6%
2023
$6,018
—
$792,900
48%
2023
$6,018
22%
$535,833
21%
2022
$4,922
49%
$442,667
27%
2017
$3,307
-16%
$349,500
—
2021
$3,946
—
$349,500
—
2020
$3,946
—
$349,500
—
2019
$3,954
2%
$350,200
—
2018
$3,863
—
$350,200
—
2017
$3,870
100%
$350,200
—
2016
$1,935
-50%
$350,200
—
2015
$3,856
—
$348,867
—
2014
$3,841
—
$347,533
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Benson & Mangold, LLC, Chuck V Mangold Jr.

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3109 Ocean Gateway, Cambridge, MD 21613 (MLS# MDDO2010298) is a Warehouse property. 3109 Ocean Gateway is currently listed for $1,350,000 and was received on August 13, 2025. Want to learn more about 3109 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.

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