12325 OLD BRIDGE Rd, Ocean City, MD 21842

Listing office Rinnier Development Co b***@rinnier.com Show Phone

Listing date Oct 21, 2024

Source Exitrealty

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Overview

This unique 3.64-acre commercial site offers numerous development possibilities. The property benefits from road frontage and visibility on US 50 and MD 707. Zoned C2 Commercial in Worcester County, the owner will consider multi-use development or subdivision. The property is available for an annual ground lease of $507,000, with variable pricing based on potential subdivision. Alternatively, the property can be purchased together or subdivided into smaller parcels: 0.75 acres for $1,612,500; 1.14 acres for $2,262,500; or 1.75 acres for $2,975,000.

Suggested Use

Auto Parts Store Building Supply Cafe & Coffee Shop Big Box & Wholesale Store Dental Office Veterinary Clinic Barber Shop Electronics & Wireless Store Cosmetic Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Ocean City

County

Worcester

State

Maryland

Longitude

-75.1237104

Latitude

38.33825

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FAQs

What type of property is this?

Commercial land - 3.64 acre commercial site with development possibilities for lease.

Where is this commercial land located?

The property is located at 12325 OLD BRIDGE Rd Ocean City, MD.

What is the lease rate?

The lease rate is $507,000.

What are key features of this property?

This property features: 3.64 acre site with C2 commercial zoning in Worcester County; High visibility and road frontage on US 50 and MD 707; Development possibilities including multi‑use development/subdivision