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$900,000
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Property Description
SIGNIFICANT PRICE REDUCTION!! Amazing investment opportunity!! 23.06 Acres of commercial property situated with 500 +/- ft. of direct frontage along busy Rt. 50 with 30,000+ AADT. Located less than 2 miles from the heart of Cambridge, Maryland, this versatile property features 3 vehicular ingress / egress points and is zoned Limited Commercial (LC), which is characterized by low intensity commercial, neighborhood-oriented businesses. The once bustling Talbot Landing Motel, with more than 8,000 square feet, features 4 buildings with 19 total guest rooms plus a roomy owner's suite, and could be perfect for revitalization or redevelopment. There is existing well and septic in use on the property. This is a phenomenal opportunity to acquire significant acreage along Rt.50.
Full Property Details
Full Property Details for 1730 Ocean Gateway
General
- Sold For: $900,000
- Taxes: $5,891 (2025)
- Status: Closed
- Type: Commercial Institutional
- Source: BrightMLSMidAtlantic
- MLS ID: MDTA2012798
- Added to Site: 117 day(s) ago
Business
- Business Type: Bed and Breakfast, Convenience Store, Day Care Facil
Parking
- Total Spaces: 25
- Parking Type: Parking Lot
Location
- County: TALBOT
- Driving Directions: Located on the Eastbound side of Rt.50 approximately .35 miles prior to the Choptank River Bridge.
- Traffic Count: Greater than 30000
- Location Details: Highway
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: On Site Septic
- Water: Private
- Utility Description: Cable TV Available, Electric Available, Phone Available, Sewer Available, Water Available
Structural Information
- Construction: Mixed
- Roof: Shingle
- Building Size: 8074
- Year Built: 1950
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Property View: Street, Trees/Woods
- Lot Size (Acres): 23.06
- Lot Size (Sq. Ft.): 1,004,494
- Lot Size Source: Assessor
- Frontage Feet: 500
- Zoning: LC
- Lot Description: Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $154.82
- Assessment Year: 2025
- County Tax: $5,891
- County Tax Freq: Annually
- Tax w/Assessment: $643,733
- Tax Amount: $5,891
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
Get Pre-Approved Today
Schools
Schools serving 1730 Ocean Gateway
School District:Talbot County Public Schools
| Name | Grades | Distance |
|---|---|---|
White Marsh Elementary School, Trappe, MD 4322 Lovers Lane, Trappe, MD 21673 | PK-5 | 5.1 mi |
Easton Middle School 201 Peachblossom Road, Easton, MD 21601 | 6-8 | 11.6 mi |
Easton High School 723 Mecklenburg Avenue, Easton, MD 21601 | 9-12 | 11.1 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 1730 Ocean Gateway
Date
Details
Price
Change
Source
5/29/2026
Sold
$900,000
-28%
MLS
3/24/2026
Price Reduced
$1,250,000
-13.79%
MLS
2/07/2026
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1730 Ocean Gateway, Trappe, MD 21673 (MLS# MDTA2012798) is a Commercial Institutional property that was sold at $900,000 on May 29, 2026. This property was listed by ZREC Advisors of Coldwell Banker Realty from our Eastern Shore Regional Office.Want to learn more about 1730 Ocean Gateway? Do you have questions about finding other Commercial Institutional real estate for sale in Trappe? You can browse all Trappe real estate or contact a Coldwell Banker agent to request more information.


