3109 OCEAN GATEWAY

CAMBRIDGE , MD 21613

MLS#: MDDO2010298

$1,350,000

Status: Active
Listing number: MDDO2010298
Listing provided by: Benson & Mangold, LLC
Listing agent phone: None
Last update: 15 days ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

2024

Sq.Footage

N/A

Versatile multi-unit investment in a well-situated location, featuring five fully leased units, including a residential space on Aireys Road. All tenants are long-term and well-established, providing consistent income and minimal turnover for a truly hands-off ownership experience. Included in the offering is an additional residential parcel, also tenant-occupied, adding further stability and income to the investment. The property offers convenient access to major routes, connecting the area to surrounding Eastern Shore communities and beyond, while maintaining a quiet, stable setting that appeals to tenants. With a proven rental history and strong occupancy, this is a dependable addition to any portfolio, blending stability, location, and long-term potential.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric, None

Exterior

  • Garage

    No

  • Construction Materials

    Metal Siding

  • Parking

    Garage, Parking Lot

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    2.03

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $1,350,000

  • Tax Amount

    8817.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Accessibility Features

    Accessible Doors

  • Sewer

    Septic Tank

  • Water Source

    Private, Well

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

DORCHESTER

Elementary School

Middle School

High School

Listing Courtesy of Chuck V Mangold Jr. , Benson & Mangold, LLC

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent MarylandSandbox

FOUNDER

MarylandSandbox

Call Maryland today to schedule a private showing.

(980) 000-0000

maryland.sandbox@realhub365.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Versatile multi-unit investment in a well-situated location, featuring five fully leased units, including a residential space on Aireys Road. All tenants are long-term and well-established, providing consistent income and minimal turnover for a truly hands-off ownership experience. Included in the offering is an additional residential parcel, also tenant-occupied, adding further stability and income to the investment. The property offers convenient access to major routes, connecting the area to surrounding Eastern Shore communities and beyond, while maintaining a quiet, stable setting that appeals to tenants. With a proven rental history and strong occupancy, this is a dependable addition to any portfolio, blending stability, location, and long-term potential.

3109 OCEAN GATEWAY

Message successfully sent.

What would you like to know?

Related Properties

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.
#MDDO2007742

CAMBRIDGE

2906 OCEAN GATEWAY

None Beds

None Baths

3,776 Sq.Ft.

$1,250,000

MLS#: MDDO2007742

Rare owner/operator or investor opportunity to acquire a fully operational and long-standing auto repair business with real estate, ideally located on high-traffic US Route 50 — boasting an estimated 36,000 vehicles per day. This high-exposure site is home to “Hubcaps,” a trusted name in auto repair for over 50 years. Strategically located along a major corridor with excellent visibility and access Well-maintained facility with 3 service bays, secure lot, and paved parking Recent HVAC system and new well, public sewer – key mechanicals in place Alarm system installed for added security Ample parking and turnaround space for customers and fleet clients. Established, reputable operation with loyal repeat clientele. Fleet contracts in place providing stable, recurring revenue Sale includes all equipment, and inventory needed to continue operations
#MDDO2009982

CAMBRIDGE

2913 OCEAN GATEWAY

None Beds

None Baths

1,800 Sq.Ft.

$1,300,000

MLS#: MDDO2009982

This investment opportunity is anchored by a strong regional bank which could fit well as an investment for a business owner/occupant/investor who could occupy the vacant space and have a regional bank as your tenant with the rental income essentially paying for your mortgage! It could also fit very well in the traditional investor's existing portfolio. The property consists of a multi-tenant property in a well-known location in the up-and-coming Cambridge, MD currently going through a renaissance. The property is strategically located just 2-minutes from the historic charming downtown Cambridge and less than 60-seconds from the newly redeveloped "Cambridge Marketplace" with new tenants such as Starbucks, Chick-fil-a, and the future (under construction) home of University of Maryland Shore Medical Center (formerly Dorchester General Hospital). The property is anchored by a strong regional Bank, Summit Financial, and has been well maintained with the landscaping and parking lot recently completed, new HVAC units installed, and the interior of the bank fully remodeled in 2021. There is a high barrier to entry for banks in today's market and this has been a well-established bank location for nearly 40-years! High credit tenant / Well-known location / Very well maintained / Attractive curb appeal
#MDDO2006526

CAMBRIDGE

301 CRUSADER ROAD

None Beds

None Baths

8,388 Sq.Ft.

$1,150,000

MLS#: MDDO2006526

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here