Property

Cambridge, MD 21613 2835 Ocean Gateway

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Presented By: Sharon Real Estate P.C.
  • MLS# MDDO2008544
  • 11/14/2024
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  • SQFT • 648

Home Details

Outstanding Commercial opportunity to own a highly visible property with direct frontage on US Route 50, traveled by over 30,000 vehicles daily. Situated on just under a quarter acre and zoned General Commercial (confirm intended uses with the City of Cambridge), this flexible property is ideal for business owners, tradespeople, or investors. The existing structure offers a 12 bedroom layout with a spacious kitchen, LVP flooring in the living area, laundry/utility room, and recent updates including a new furnace (2023) and roof (2017)- previously rented for $1340/mo.. Public water and sewer are already connected, and the ample outdoor space provides options for vehicle or material storage. Whether you're looking to establish a small business, work on-site, or redevelop in a high-traffic corridor, this property combines affordability, exposure, and long-term potential. Owner Financing Available for qualified buyers!
Presented By: Sharon Real Estate P.C.

Interior Features for 2835 Ocean Gateway

Bathrooms

Total Restrooms1

Other Interior Features

Central Air Y/NNo
Heating FuelPropane - Leased
Heating Y/NYes
Hot WaterElectric

General for 2835 Ocean Gateway

Acceptable FinancingCash, Other, Lease Purchase, Seller Financing
AccessibilityNone
Association Recreation FeeN
Business TypeProfessional, Other, Flex, Auto Related, Day Care Facility, Garden Center, Hair Salon and Spa, Pad Site, Parking Lot, Storage
Cap Rate8.00
CityCAMBRIDGE
Construction MaterialsVinyl Siding
Cool FuelElectric
CoolingWindow Unit(s)
CountyDORCHESTER
DirectionsUS Rt.50 East Bound, right side of highway just past Rusticana Pizza & Kravens Comic Books. Sign Posted
HeatingForced Air
Lease Considered Y/NNo
Location TypeHighway
Lot Size Square Feet10018.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-07-28T12:21:14
MunicipalityCambridge
Net Operating Income12400.00
New ConstructionNo
OwnershipFee Simple
PossessionSettlement, Subject to Existing Lease
Possible UseAutomotive, Barber/Beauty, Clothing, Commercial, Day Care, Financial, Flex Space, Food Market, Investment, Office, Professional Service, Spa, Storage Yard, Other
Price Per Sq Ft Total AG231.48
Property ConditionAverage
Property SubtypeOther
Property TypeCommercial Sale
RoofArchitectural Shingle
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNONE AVAILABLE
Tax Annual Amount2617.0
Tax Assessed Value141567.0
Tax Year2024
Total Actual Rent16200.00
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1940
Year Built SourceEstimated
ZoningB2

Exterior for 2835 Ocean Gateway

Building Area Total648.00
Car Parking Spaces2
Fencing Y/NN
Foundation DetailsCrawl Space
Land Assessed Value100100.00
Land Use CodeC
Lot FeaturesRoad Frontage
Lot Size Acres0.23
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesPrivate
Road Frontage Length50
Total Loading Docks0
Total Parking Spaces4
Traffic CountGreater than 30000
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Brian Lee

Associate
Price $150,000
MLS#MDDO2008544
List Date 11/14/2024
Property Type Commercial
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