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$330,000
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Property Description
2 Parcels, 1.15 Acres including Residential Home and Commercial Building on prime Rt. 50 road frontage, with 2 entrances & large commercial signage! This is the perfect solution for needing to have your home and business locations together! One owner properties, being sold together only . Zoning is A-1, with 25600 being granted a special exception for commercial use as an Antique store, and has continued commercial use status. Building is approximately 1950 sq ft open space inside with small storage/utility room in rear. 2300 +/- sq foot home was quality contracted with E.S. Adkins in 1977 and features 4 Bedrooms, 2.5 Bathrooms, a large kitchen, large den with fireplace, formal living room, and dining room. Upstairs has a master bedroom & master bathroom, 3 additional bedrooms and full bathroom. Rear covered porch. Oil Heat & Central Air. (2012) Properties are private and overlook open fields in the rear. Beautiful country setting with Prime Highway frontage. Inspections are available on home, building and septic. Sink & toilet in commercial building are not connected to plumbing. Property sold AS-IS to settle the Upham family estate. One owner property, owned and operated by the original owners since they were built. Properties will be sold together and not separated. See Residential listing MLS # MDWC2000000 for residential parcel 25588 Ocean Gateway sold together with 25600 Ocean Gateway.
Full Property Details
Full Property Details for 25600 Ocean Gateway
General
- Sold For: $330,000
- Taxes: $767 (2021)
- Status: Closed
- Type: Retail
- Source: BrightMLSMidAtlantic
- MLS ID: MDWC111786
- Added to Site: 1, 860 day(s) ago
Business
- Business Type: Other/General Retail
Parking
- Total Spaces: 8
- Parking Type: Driveway
Location
- Area: Wicomico Northwest (23-01)
- County: Wicomico
- Driving Directions: Rt. 50 west bound, past Wright's market. On right.
School Information
- Elementary School: Northwestern
- Middle School: MARDELA MIDDLE & HIGH SCHOOL
- High School: MARDELA MIDDLE & HIGH SCHOOL
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Oil
- Water Heater: None
Utilities
- Sewer: Shared Septic
- Water: Well
Structural Information
- Construction: Aluminum Siding
- Stories/Levels: 0
- Year Built: 1973
- Year Built Source: Estimated
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 1.15
- Lot Size (Sq. Ft.): 49,943
- Lot Size Source: Estimated
- Zoning: A-1
Financial Considerations
- Price Per Sq. Ft.: $179.44
- Assessment Year: 2021
- County Tax: $684
- County Tax Freq: Annually
- Tax w/Assessment: $74,400
- Tax Amount: $767
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
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Schools
Schools serving 25600 Ocean Gateway
School District:Wicomico County Public Schools
| Name | Grades | Distance |
|---|---|---|
Northwestern Elementary School 9975 Sharptown Road, Mardela Springs, MD 21837 | PK-5 | 1.6 mi |
Mardela Middle & High School 24940 Delmar Road, Mardela Springs, MD 21837 | 6-12 | 1.3 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 25600 Ocean Gateway
Date
Details
Price
Change
Source
10/20/2021
Sold
$330,000
-5.69%
MLS
3/23/2021
Price Reduced
$349,900
-6.67%
MLS
2/26/2021
Listed
$374,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
25600 Ocean Gateway, Mardela Springs, MD 21837 (MLS# MDWC111786) is a Retail property that was sold at $330,000 on October 20, 2021. This property was listed by Holly Campbell from our Eastern Shore Regional Office.Want to learn more about 25600 Ocean Gateway? Do you have questions about finding other Retail real estate for sale in Mardela Springs? You can browse all Mardela Springs real estate or contact a Coldwell Banker agent to request more information.


