Neighborhood Office and Retail
For Lease
$2,698/Mo
11-11934 Ocean Gtwy, Ocean City, MD 21842
Well-maintained neighborhood office and retail center on heavily traveled Route 50 with abundant parking.
Days on Market24
Property Features for 11-11934 Ocean Gtwy
General Information
Standard status
Active
Site & Location
Highway Access
Yes
Road Access
Yes
Listing Agency:
Keller Williams Realty Delmarva
(410) 844-4160
Listed By:
Tonney Insley IV · License #653457
(410) 844-4160
Source:
Exprealty
Added: Jul 8
Changed: Jul 26
Last Checked: Jul 30 at 12:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Delmarva
Investment Insights
Based on property information with market context.
Ocean Gateway Center is a well-maintained neighborhood office and retail center offering a mix of office and service-oriented retail space. The property is described as having attractive architecture and is supported by long-term ownership.
Located along heavily traveled US Route 50 in West Ocean City, the center benefits from excellent visibility. Abundant parking is available on-site, and the property maintains a stable mix of service-oriented tenants.
This rental offering suits businesses looking for a maintained neighborhood center environment with straightforward parking convenience and prominent roadside presence along US Route 50.
Located along heavily traveled US Route 50 in West Ocean City, the center benefits from excellent visibility. Abundant parking is available on-site, and the property maintains a stable mix of service-oriented tenants.
This rental offering suits businesses looking for a maintained neighborhood center environment with straightforward parking convenience and prominent roadside presence along US Route 50.
Key Highlights
- Well‑maintained neighborhood office and retail center on heavily traveled US Route 50 in West Ocean City
- Abundant on‑site parking
- Stable mix of service‑oriented tenants
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21842, MD
11,104
Population
32,684
Households
0.3
Avg Household Size
53
Median Age
39%
College-Educated
95%
High-School Grad
9.2 sq mi
ZIP Area
1,207
Density / Sq Mi
$75,372
Median Household Income
$40,189
Median Earnings
$1,258
Median Rent
$415,900
Median Home Value
Market
Lease Benchmarks for Ocean City, MD
$25.2 /SF/Yr
Avg Asking Price
$23–$26 /SF/Yr
Price Range
8,472 SF
Avg Space Size
Vacancy Rate% for Office in South region
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Similar Off Market Nearby
- 50st West Business Park — 12319 Ocean Gateway, Ocean City, MD 21842
Frequently Asked Questions
What type of property is this?
Shopping center - Well-maintained neighborhood office and retail center on heavily traveled Route 50 with abundant parking.
Where is this shopping center located?
The property is located at 11-11934 Ocean Gtwy Ocean City, MD.
What is the lease rate?
The lease rate is $2,698 /Mo.
What are key features of this property?
This property features: Well‑maintained neighborhood office and retail center on heavily traveled US Route 50 in West Ocean City; Abundant on‑site parking; Stable mix of service‑oriented tenants
