4123 OCEAN GATEWAY, Trappe, MD 21673
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4123 OCEAN GATEWAY, Trappe, MD 21673
4123 OCEAN GATEWAY, Trappe, MD 21673
4123 OCEAN GATEWAY, Trappe, MD 21673
4123 OCEAN GATEWAY, Trappe, MD 21673
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Listed by Stephany Barrett • Long & Foster Real Estate, Inc.
$ 5,500,000
Est. payment /mo
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4123 OCEAN GATEWAY Trappe, MD 21673

7.6 Acres Lot


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDTA2012716

Year Built 1968

Annual Tax Amount $4,765

Tax Year 2024

Lot Size 7.601 Acres

Acres 7.6

Property Sub-Type Mixed Use

Source BRIGHT

Property 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.

Location

State MD

County Talbot

Zoning C2 AND R1

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Inclusions Beer and Wine License

Heat Source Oil

Exterior

Garage Spaces 18.0

Water Access N

Street Surface US Highway/Interstate

Accessibility Level Entry - Main

Road Frontage State

Total Parking Spaces 18

Garage N

Building

Lot Description Subdivision Possible

Sewer On Site Septic

Water Public

New Construction N

Schools

School District Talbot County Public Schools

Others

Tax ID 2103120392

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FNMA, Lease Purchase, USDA

Listing Terms Cash, Conventional, FNMA, Lease Purchase, USDA

Financing Cash,Conventional,FNMA,Lease Purchase,USDA

Special Listing Condition Standard


Bright MLS (BMLS)

Nearby Locations

John Logan

John Logan

Team Leader License ID: 661163

+1(443) 676-6030

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4123 OCEAN GATEWAY