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$1,899,000

  • For Sale
  • Active
  • Commercial Institutional
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Prime West Ocean City commercial opportunity at 12842 Ocean Gateway! Situated on high-traffic Route 50 (25k-40k+ daily traffic count), this stand-alone facility offers maximum visibility directly next to Royal Farms and adjacent to the Ocean City Park & Ride. Featuring 23 dedicated parking spots, broad commercial zoning (retail, office, service, etc.), and a stunning interior with soaring ceilings, exposed wood beams, polished concrete floors, and modern ductwork. The property has 5 Water EDU's and 2 Sewer EDU's allocated to it. Coastal architectural exterior with prominent signage placement. Ideal location to establish or expand your business at the gateway to Ocean City! Current laundromat will be locating just .3 miles to the west. There will be a 25 year restriction against a laundromat use at this location.

Full Property Details for 12842 Ocean Gateway

General

  • Price: $1,899,000
  • Taxes: $11,848 (2026)
  • Status: Active
  • Type: Commercial Institutional
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWO2041838
  • Updated: 11/2/2026
  • Days on Market: 28 days
  • Added to Site: 35 day(s) ago

Business

  • Business Type: Hair Salon and Spa, Medical, Other/General Retail, Pr

Interior

  • Flooring: Concrete

Rooms

Bathrooms

  • Restrooms: 1

Additional Information

  • Security/Safety: Fire Detection System, Security System, Smoke Detector

Parking

  • Total Spaces: 23
  • Parking Type: Parking Lot

Location

  • Area: West Ocean City (85)
  • County: WORCESTER
  • Driving Directions: US Route 50 towards Ocean City - property on the right just past Royal Farms.
  • Location Details: Free Standing

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Frame
  • Foundation: Slab
  • Roof: Architectural Shingle
  • Building Size: 2800
  • Year Built: 2011
  • Year Built Source: Assessor
  • Property Condition: Excellent

Unit Information

  • # Tenants: Single

Lot Features

  • Lot Size (Acres): 0.41
  • Lot Size (Sq. Ft.): 17,700
  • Lot Size Source: Assessor
  • Street/Road Desc.: US Highway/Interstate
  • Zoning: C2

Financial Considerations

  • Price Per Sq. Ft.: $678.21
  • For Lease: Yes
  • Assessment Year: 2026
  • County Tax: $10,416
  • County Tax Freq: Annually
  • Tax w/Assessment: $1,278,067
  • Tax Amount: $11,848
  • Tax Year: 2026

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: 25 year restriction for use as a laundromat
  • Lot Number: 8A

Listed by SVN/Miller Commercial Real Estate, Florence Brotzman

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Listing agent

— 12842 Ocean Gateway —

  • Florence Brotzman

    SVN/Miller Commercial Real Estate

Listing Office Email: brent.miller@svn.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 12842 Ocean Gateway

School District:Worcester County Public Schools
NameGradesDistance
Ocean City Elementary School
12828 Center Drive, Ocean City, MD 21842
PK-40.8 mi
Stephen Decatur Middle School, Berlin, MD
9815 Seahawk Road, Berlin, MD 21811
7-84.7 mi
Stephen Decatur High School
9913 Seahawk Road, Berlin, MD 21811
9-124.7 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 12842 Ocean Gateway Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/06/2026
Listed
$1,899,000
72.64%
MLS
1/09/2019
Sold
$1,100,000
—
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 12842 Ocean Gateway

Year
Property Taxes
Change
Tax Assessment
Change
2026
$11,796
12%
$1,278,067
8%
2023
$10,516
—
$1,188,433
8%
2023
$10,516
-3%
$1,098,800
—
2021
$10,805
—
$1,098,800
-3%
2021
$10,805
12%
$1,129,100
12%
2021
$9,672
13%
$1,010,633
13%
2020
$8,538
17%
$892,167
15%
2019
$7,327
—
$773,700
—
2018
$7,312
—
$772,133
—
2017
$7,297
—
$770,567
—
2016
$7,282
7%
$769,000
—
2015
$6,783
—
$769,000
—
2014
$6,783
—
$769,000
—
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 SVN/Miller Commercial Real Estate, Florence Brotzman

12842 Ocean Gateway, Ocean City, MD 21842 (MLS# MDWO2041838) is a Commercial Institutional property. 12842 Ocean Gateway is currently listed for $1,899,000 and was received on October 06, 2026. Want to learn more about 12842 Ocean Gateway? Do you have questions about finding other Commercial Institutional real estate for sale in Ocean City? You can browse all Ocean City real estate or contact a Coldwell Banker agent to request more information.

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