For Sale
$150,000

2835 Ocean GtwyCambridge, MD 21613

Prime location, high traffic, rental income.

Overview

Added:
Feb 3
Days on market:
63
This exceptional commercial property at 2835 Ocean Gateway in Cambridge, MD, presents a unique investment opportunity. Boasting a 0.23-acre lot with US Route 50 frontage, this property enjoys unparalleled visibility, with over 30,000 vehicles passing daily. The 648 square foot building currently generates rental income of $1340 per month, with a lease in place until the end of February 2025. The structure itself offers a functional floor plan, including 1-2 bedrooms, a laundry/utility room, and a spacious kitchen. Interior features include attractive LVP flooring in the living area. Recent upgrades include a new furnace installed in 2023 and a roof replacement in 2017. The property is serviced by public water and sewer. Its versatile nature makes it suitable for a variety of commercial uses, such as a tradesman's business, a small retail operation, or even providing affordable housing for employees while utilizing the ample yard space for storage. Prospective buyers are advised to verify all potential uses with the Cambridge city planning and zoning department

Property Details for 2835 Ocean Gtwy

Property type
Square Feet
648 SF
Year Built
1940
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Cambridge
County
Dorchester
State
Maryland
Latitude
38.55359
Longitude
-76.04526
2835 Ocean Gtwy, Cambridge, Maryland

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2835 Ocean Gtwy
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