12842 Ocean Gateway Ocean City, MD ^$ 1,899,000

12842 Ocean Gateway

^$ 1,899,000

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Recently Listed

12842 Ocean Gateway

Ocean City, MD, 21842

^$ 1,899,000

Bedrooms-- Baths-- Sq 2,800

Monthly Estimate*

^$ 13,116

12842 Ocean Gateway, Ocean City, MD 21842 - Image 1

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Commercial Property for sale in Ocean City, MD

for $1,899,000. This 2,800 square foot building was built in 2011 on a lot size of 0.41.

Prime West Ocean City commercial opportunity at 12842 Ocean Gateway! Situated on high-traffic Route 50 (25k40k+ 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 EDUs and 2 Sewer EDUs 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.

Commercial Active

Price

^$ 1,899,000

Property Type

Commercial

Taxes

^$ 11,848

Style

Hair Salon and Spa,Medical,/General Retail,Profess

Lot Size

0.41

Year Built

2011

Town/City

Ocean City

County/Region

Worcester

MLS | Web ID

MDWO2041838

Features

Interior

Heating Fuel Electric

Flooring Concrete

Hot Water Electric

Heating Y/N Y

Central Air Y/N Y

Total Restrooms 1

General

Sewer Public Sewer

Heating Heat Pump(s)

Cooling Central A/C Ceiling Fan(s)

Possession Settlement

Roof Architectural Shingle

Zoning C2

Security Features Fire Detection System Security System Smoke Detector

Construction Materials Frame

Exclusions 25 year restriction for use as a laundromat

Year Built 2011

Property Subtype Retail

Tax Year 2026

Ownership Fee Simple

Cool Fuel Electric

Business Type Hair Salon and Spa Medical Other/General Retail Professional Restaurant/Bar Vet/Kennel

Accessibility Level Entry - Main

County WORCESTER

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions US Route 50 towards Ocean City - property on the right just past Royal Farms.

City OCEAN CITY

Disclosures Other

Number Of Units Total 1

MLS Area West Ocean City (85)

Lot Size Units Square Feet

Lot Size Square Feet 17700.00

Tax Annual Amount 11848.0

Property Condition Excellent

Price Per Sq Ft Total AG 678.21

Lease Considered Y/N Y

Vacation Rental Y/N N

Location Type Free Standing

Standard Status Active

Year Built Source Assessor

Legal Subdivision Elliotts Dev

Tax Lot 8A

Exterior

Water Source Public

Type of Parking Parking Lot

Foundation Details Slab

Water View Y/N N

Building Area Total 2800.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 0.41

Road Surface Type US Highway/Interstate

Lot Size Source Assessor

Waterfront Y/N N

Road Responsibility City/County

Land Assessed Value 0.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 12842

* Excluded Features

List By

Svn/Miller Commercial Real Estate

Broker

flo.adams@svn.com

Affordability Calculator

$14,103

Per Month

Monthly Principal & Interest: $13,116
Monthly Property Taxes: $987
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.375% 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 Ocean City, MD

Average List Price ^$2,455,235

Percent of Sale Price 29%

About Ocean City, MD

7,846 Population

-23% Since 2002

^$59,005 Median Income

50.85 Median Age

15% 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
10/6/2026	$1,899,000		Listed Price

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12842 Ocean Gateway, Ocean City, MD, 21842 is a Commercial Property for sale at $1,899,000 with 2,800 sqft and a lot size of 0.41. 12842 Ocean Gateway was built in 2011. The property's zip code is 21842 which is in Ocean City, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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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12842 Ocean Gateway

Commercial Property for sale in Ocean City, MD

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