Ocean Gateway Easton, MD $ 8,000,000
Ocean Gateway
$ 8,000,000
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Ocean Gateway

Easton, MD, 21601
$ 8,000,000
Bedrooms-- Baths--

Monthly Estimate*

$ 49,910

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Commercial Property for sale in Easton, MD

for $8,000,000. This building was built in 1954 on a lot size of 55.91.

Dont miss out on this rare opportunity to transform this 56+/ -acre parcel into a premier development project. This expansive property offers a blend of zoning options and fantastic exposure on Route 50, making it an ideal investment for developers. The property is well-suited for high-visibility projects including home improvement stores, pad sites, restaurants, and so much more. All utilities are at the site. Located in the prime area of Easton with easy access to major roads and amenities. Owner will consider all reasonable offers. Owner will develop for a credit tenant. This offering includes Tax Map 100, Parcel 0420 Chapel Road, Easton. Located in Eastons Opportunity Zone! Contact us today to start turning your vision into reality! Available for Sale or Lease - call for additional information.

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Commercial Active

Price

$ 8,000,000

Property Type

Commercial

Taxes

$ 297

Style

Apartment Building,Restaurant/Bar,Storage,,Garden

Lot Size

55.91

Year Built

1954

Town/City

Easton

County/Region

Talbot

MLS | Web ID

MDTA2008562

Features
Interior
Heating Fuel None
Hot Water None
Central Air Y/N N
Total Restrooms 0
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General
Sewer No Sewer System
Heating None
Cooling None
Possession Settlement
Zoning R10A CL
Construction Materials Other
Year Built 1954
View Trees/Woods Street Park/Greenbelt
Property Subtype Mixed Use
Tax Year 2024
Ownership Fee Simple
Cool Fuel None
Municipality Easton
Business Type Apartment Building Restaurant/Bar Storage Other Garden Center Pad Site Supermarket/Grocery Store
Accessibility None
County TALBOT
New Construction N
Property Type Commercial Sale
Possible Use Apartment Building Apartments Bar/Tavern/Lounge Commercial Convenience Store Day Care Development Florist/Nursery Flex Space Mixed Use Funeral Home Drive-Thru Restaurant Food Market Other Retail Resi
Water Access Y/N N
Status ACTIVE
Directions Located on the West Side of 50 from Chapel Road down behind Fred Frederick Dodge Jeep dealership. Adjoins the John Ford park See attachments for more information.
City EASTON
Lot Size Units Square Feet
Lot Size Square Feet 2435440.00
Tax Annual Amount 297.0
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Highway
Standard Status Active
Year Built Source Estimated
Legal Subdivision *
Tax Lot 1
Association Recreation Fee N
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Exterior
Lot Features Additional Lot(s) Partly Wooded Adjoins - Public Land Backs - Parkland Premium Subdivision Possible Other
Water Source None
Type of Parking None
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 55.91
Road Surface Type Paved
Lot Size Source Assessor
Waterfront Y/N N
Road Responsibility State
Land Assessed Value 23000.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded Features
List By
Benson & Mangold, Llc

Broker

barb.c.watkins@gmail.com

Email

Affordability Calculator

$49,934
Per Month
100%
0%
0%
Monthly Principal & Interest
$49,910
Monthly Property Taxes
$25
Monthly 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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/3/2024$8,000,000 Listed Price

Map


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Ocean Gateway, Easton, MD, 21601 is a Commercial Property for sale at $8,000,000 with a lot size of 55.91. Ocean Gateway was built in 1954. The property's zip code is 21601 which is in Easton, MD