For Sale
$475,000

3121 Ocean Gtwy Cambridge, MD 21613

Spacious Office Building, 1.78 Acres, High Potential

Property Records

Overview

Added:
Feb 3
Days on market:
85
This exceptional 4,000 square foot office building presents a compelling investment opportunity in Cambridge, MD. Situated on a generous 1.78-acre lot, the property boasts significant potential for expansion, with the possibility of adding onto the existing structure or constructing a separate building on the ample land. The property benefits from dual access points, providing convenient access via Route 50 and Airey's Spur Road, enhancing its accessibility and visibility. Currently occupied by a reliable commercial tenant with a proven history of on-time rent payments, this asset offers immediate cash flow and long-term stability. Detailed rental history is available upon request. The property's development is also compliant with the "Reach the Beach" development restrictions, ensuring future development possibilities within established guidelines. The owner is willing to grant access to an adjoining property, further enhancing the potential for expansion or development. This prime commercial property offers a unique blend of immediate income generation and significant future growth potential, making it an ideal investment for discerning buyers. The location provides excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. This is a rare opportunity to acquire a well-located, established commercial property with significant upside potential.

Property Details for 3121 Ocean Gtwy

Property type
Office properties
Square Feet
4,000 SF
Year Built
1985
Lot Size (sq. ft)
77,537 SF

Location Insight

City
Cambridge
County
DORCHESTER
State
Maryland
Latitude
38.5502
Longitude
-76.02273

FAQs

What type of property is this?
Office property - Spacious Office Building, 1.78 Acres, High Potential
Where is the office property located?
The property is located at 3121 Ocean Gtwy Cambridge, MD.
What is the asking price?
The asking price for this property is $475,000.
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3121 Ocean Gtwy
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