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3147 Ocean Gateway, Cambridge, MD 21613
$469,500
3147 Ocean Gateway, Cambridge, MD 21613View this property at 3147 Ocean Gateway, Cambridge, MD 21613
3147 Ocean GatewayCambridgeMD21613
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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
Full Property Details
Full Property Details for 3147 Ocean Gateway
General
- Price: $469,500
- Taxes: $3,041 (2023)
- Status: Active
- Type: Retail
- MLS ID: MDDO2005972
- Updated: 4/16/2024
- Added to Site: 188 day(s) ago
Business
- Business Type: Professional, Other, Other/General Retail, Flex
Parking
- Total Spaces: 16
- Parking Type: Parking Lot
Location
- County: Dorchester
- Driving 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.
Heating & Cooling
- Cooling Type: Heat Pump(s)
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Propane - Leased
- Water Heater: Electric
Utilities
- Sewer: Aerobic Septic
- Water: Well
- Utility Description: Electric Available, Phone Available, Water Available, Sewer Available
Structural Information
- Construction: Block
- Roof: Composite
- Drive-In Doors: 1
- Stories/Levels: 0
- Year Built: 1971
- Year Built Source: Estimated
- Property Condition: Excellent
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 1.47
- Lot Size (Sq. Ft.): 64,033
- Lot Size Source: Estimated
- Zoning: SR
Financial Considerations
- Price Per Sq. Ft.: $104.33
- Tax w/Assessment: $271,600
- Tax Amount: $3,041
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
Listed by SVN/Miller Commercial Real Estate, Chris Peek
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Schools
Schools serving 3147 Ocean Gateway
School District:Dorchester County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5225 Egypt Rd, Cambridge, MD 21613 | PK-5 | 4.2 mi | |
1101 Maces Ln, Cambridge, MD 21613 | 6-8 | 4.2 mi | |
2475 Cambridge Beltway, Cambridge, MD 21613 | 9-12 | 4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3147 Ocean Gateway
Date
Details
Price
Change
Source
4/16/2024
Price Reduced
$469,500
-16.9%
MLS
10/26/2023
Listed
$565,000
151.11%
MLS
6/02/2010
Sold
$225,000
—
Public Record
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
Tax History for 3147 Ocean Gateway
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,937
7%
$258,700
5%
2022
$2,733
20%
$245,800
6%
2017
$2,280
-13%
$232,900
1%
2021
$2,628
1%
$230,967
1%
2020
$2,607
-4%
$229,033
-6%
2019
$2,707
1%
$243,400
1%
2018
$2,682
1%
$241,433
2%
2015
$2,644
—
$237,500
—
2014
$2,644
—
$237,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3147 Ocean Gateway
3147 Ocean Gateway, Cambridge, MD 21613 (MLS# MDDO2005972) is a Retail property. 3147 Ocean Gateway is currently listed for $469,500 and was received on October 26, 2023. Want to learn more about 3147 Ocean Gateway? Do you have questions about finding other Retail real estate for sale in Cambridge? You can browse all Cambridge real estate or contact a Coldwell Banker agent to request more information.