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Conditioned Warehouse Condo
For Sale
$249,000

12-9808 Stephen Decatur Hwy, Ocean City, MD 21842

Commercial condominium unit with climate-controlled space, an oversized garage door, and a half bath.

Property SizeContact for details
Days on Market38

Property Features for 12-9808 Stephen Decatur Hwy

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $1,618
Listing Agency: Coastal Life Realty Group LLC
Listed By: Megan Foley
Source: Exprealty
Added: Jul 14 Changed: Aug 18 Last Checked: Aug 20 at 11:33AM

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 Coastal Life Realty Group LLC

Investment Insights

Based on property information with market context.

Located within Assateague Square, this commercial warehouse condominium provides approximately 1,000 square feet of conditioned space. The unit includes an oversized garage door, heat-pump heating and air conditioning, overhead lighting, and a half bath. The layout can support boat, automobile, or personal storage, with potential for a retail buildout as described in the property information.

The property is part of a managed community combining professional retail spaces and warehouses. Its position on Rt 611 provides direct roadway access to the development. The condominium association maintains exterior lighting, roads, and an onsite dumpster.

Key Highlights

  • Approximately 1,000 square feet of conditioned commercial space
  • Oversized garage door accommodates warehouse and storage use
  • Heat pump provides heating and air conditioning

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Locksmith Carpet & Flooring Store Catering Service Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
Well-served
Demand for This Use

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

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Ocean City Mini Storage 9625 Stephen Decatur Hwy, Ocean City, MD 21842
  • Harbor Marine Inc 12731 Sunset Ave, Ocean City, MD 21842
  • Ocean City Service Oil Co Inc 9724 stephen decatur hwy, ocean city, md 21842
  • Ocean City Supply 9724 Stephen Decatur Hwy, Ocean City, MD 21842
  • Tower Marine Services LLC 12734 Sunset Ave, Ocean City, MD 21842

Frequently Asked Questions

What type of property is this?
Warehouse - Commercial condominium unit with climate-controlled space, an oversized garage door, and a half bath.
Where is this warehouse located?
The property is located at 12-9808 Stephen Decatur Hwy Ocean City, MD.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Approximately 1,000 square feet of conditioned commercial space; Oversized garage door accommodates warehouse and storage use; Heat pump provides heating and air conditioning
More about this property
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