2906 Ocean Gateway Cambridge, MD ^$ 1,250,000

2906 Ocean Gateway

^$ 1,250,000

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2906 Ocean Gateway

Cambridge, MD, 21613

^$ 1,250,000

Bedrooms-- Baths-- Sq 3,776

Monthly Estimate*

^$ 7,798

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Commercial Property for sale in Cambridge, MD

for $1,250,000. This 3,776 square foot building was built in 1960 on a lot size of 0.72.

Commercial property on Rt. 50 intersection. Two concrete block and frame buildings totaling 4,350 +/- square feet - great for retail or commercial space. .72 +/- acres with 2 highway cuts on west bound RT. 50 plus rear entrances from Old Rt. 50. Located right next door to the Hyatt Regency Chesapeake Bay Spa and Golf Resort. The Bucktown light provides easy access for east or west bound Rt. 50. Estimated that 34,000 cars pass here daily - 30 MPH speed zone. First building features vaulted high ceilings, bath, office area. Rear building has garage door entrances on Old Rt. 50 with expandable second floor 32 x 36.

Commercial Active

Price

^$ 1,250,000

Property Type

Commercial

Taxes

^$ 1,808

Style

Auto Related,Storage,Warehouse

Lot Size

0.72

Year Built

1960

Town/City

Cambridge

County/Region

Dorchester

MLS | Web ID

MDDO2007742

Features

Interior

Heating Fuel None

Hot Water None

Central Air Y/N N

General

Sewer Other

Heating None

Cooling None

Possession Settlement

Zoning B-2

Construction Materials Frame Block

Year Built 1960

Property Subtype Mixed Use

Tax Year 2024

Ownership Fee Simple

Cool Fuel None

Business Type Auto Related Storage Warehouse

Accessibility None

County DORCHESTER

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions USE GPS

City CAMBRIDGE

Number Of Units Total 1

Lot Size Units Square Feet

Lot Size Square Feet 31429.00

Tax Annual Amount 1808.0

Price Per Sq Ft Total AG 331.04

Vacation Rental Y/N N

Standard Status Active

Year Built Source Assessor

Tax Lot 1

Exterior

Water Source Well

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 3776.00

Lot Size Acres 0.72

Lot Size Source Assessor

Waterfront Y/N N

Land Assessed Value 94500.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 2906

* Excluded Features

List By

Powell Realtors

Broker

valbrownrealtor@gmail.com

Affordability Calculator

$7,949

Per Month

Monthly Principal & Interest: $7,798
Monthly Property Taxes: $151
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Cambridge, MD

Average List Price ^$1,458,586

Percent of Sale Price 17%

About Cambridge, MD

12,341 Population

8% Since 2002

^$38,307 Median Income

38.72 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/15/2024	$1,250,000		Listed Price

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2906 Ocean Gateway, Cambridge, MD, 21613 is a Commercial Property for sale at $1,250,000 with 3,776 sqft and a lot size of 0.72. 2906 Ocean Gateway was built in 1960. The property's zip code is 21613 which is in Cambridge, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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2906 Ocean Gateway

Commercial Property for sale in Cambridge, MD

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