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4123 Ocean Gateway
For Sale $5,500,000
$5,500,000
- 1 Units
- Unknown Sq Ft
- 331,100 Sq Ft
- Unknown Cap Rate
Description
This 7.6 Acre Premier Commercial Parcel offers exceptional versatility in one of the Eastern Shore's most active growth corridors. Located along Rt. 50 between Easton and Cambridge, Maryland, the property features approximately 932 linear feet of frontage on a heavily traveled roadway, connecting the Chesapeake Bay Bridge and Ocean City.
The site benefits from excellent Ingress and Egress, strong traffic counts, and outstanding visibility. The owner is willing to subdivide into smaller parcels for a qualified buyer, allowing flexibility for phased development, pad sites, or mixed-use configurations.
Positioned directly in front of and adjacent to a 2,500 home development currently under construction, the property is surrounded by both established neighborhoods and rapidly emerging residential density. This location provides built-in demand and supports a wide range of high-performing commercial and service -oriented uses. Its current use is a gas station/convenience store that has thrived for many years.
With scale, frontage, and development flexibility, this property presents a rare opportunity for investors and devlopers seeking long-term growth and multiple exit strategies along Route 50.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $5,500,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1968 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2103120392 |
| MLS # | MDTA2012716 |
| Property ID | 318755439 |
| Lot Sqft | 331,100 |
| Zoning | C2 AND R1 |
| Total Units | 1 |
| Days on Market | 143 |
| Original List Price | Unknown |
| Date Updated | June 22, 2026 |
| Date Created | February 09, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Stephany A Barrett an agent of . Lic #317540
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Data last updated: July 02, 2026.
Robert Crawford
REAL ESTATE AGENT