2938 OCEAN GATEWAY Cambridge, MD 21613

$690,000
2938 OCEAN GATEWAY, Cambridge, MD 21613
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DO8570155

Commercial Property for sale in Cambridge, MD

for $690,000. This 11,463 square foot building was built in 1989 on a lot size of 2.19 Acre(s).

Property Information

  • $690,000
  • Commercial
  • 11,463 Square Feet
  • Taxes are $5,957
  • Office Building
  • Active
  • 1 Floors
  • Lot size of 2.19 Acre(s)
  • Built in 1989
  • Cambridge, MD
  • Dorchester County
  • MLS/Web ID is DO8570155

 Virtual Tour

Description

Rare 2.1 acre commercial property close to Cambridge in Dorchester County w-2 curb-cuts on WB side of Route 50 with additional access to property off Old Route 50. On public water and sewer. Great visibility - 35, 412 cars per day. Improvements include a 2, 200 sf (+/-) retail/office building supported by 2 warehouse / storage / shop buildings (5, 100 sf and 3, 600 sf (+/-)) & mobile home (550 sf).

Interior 4

Cooling System

  • Electric Cooling
  • Wall Unit(s)

Sewer

  • Public Sewer

Utilities

  • Common

Water Source

  • Well

Exterior 1

Parking

  • Private Lot

Miscellaneous 1

Commercial

  • 120 Volts

† Excluded Feature

Listed By

Broker: OXFORD COMMERCIAL, LLC

2938 OCEAN GATEWAY, Cambridge, MD, 21613 is a Commercial Property for sale at $690,000 with 11,463 sqft and a lot size of 2.19 Acre(s). 2938 OCEAN GATEWAY was built in 1989. The property's zip code is 21613 which is in Cambridge, MD

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Pricing History

Date Price Price Change Description
2/24/2017 $690,000 -4.83 % Price Change
3/10/2015 $725,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Cambridge $471,288 32 % below $258,950 62 % below
Commerical listings in Cambridge $595,625 14 % below $341,950 50 % below
Sold listings in Cambridge $137,716 80 % below $103,000 85 % below

Get the facts about Cambridge, MD!

Population 12,638
Population Growth (since 2000) 10 %
Median Income $35,296
Median Age 38.53
Households w/ Children 27 %

Residential Dwellings

  • Owned 2483
  • Vacant 1049
  • Rented 2818

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