Building Details

Year Built 2005

Listing Agency: SVN/Miller Commercial Real Estate b***@svn.com Show Phone

Listed By: Florence Brotzman · License #597618 Show Phone

Source: Cummingsrealtors

Added: May 13 Changed: Sep 7 Last Checked: Sep 9 at 7:43AM

Report an Issue

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 SVN/Miller Commercial Real Estate

Investment Insights

Based on property information with market context.

Modern, well-maintained retail space within an attractive strip center, currently laid out as a wide-open interior with a small office, a storage room, and two restrooms. Large storefront windows are included, along with ample parking for visitors and staff. The owner will consider subdividing the space into two smaller units.

The property is located in Ocean City, Maryland, with highly visible frontage and traffic counts over 33,000 daily. The center is positioned to support a range of uses, including retail, professional services, or office.

Lease terms are described in the offering: $28 per square foot includes taxes and insurance, while the tenant is responsible for utilities and liability and contents insurance.

Key Highlights

• 5,000 SF retail space in an Ocean City, MD strip center built in 2005
• Traffic counts over 33,000 daily and a highly visible location
• Wide‑open interior layout with a small office, storage room, and 2 restrooms

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

West Marine Big Box & Wholesale Store Chic Boutique by ... Clothing Store A Perfect Face Day ... Alternative Medicine Practice

Suggested Use

Top Pick Building Supply Auto Parts Store Dental Office Grocery & Convenience Store Veterinary Clinic Big Box & Wholesale Store

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

Lease Details

33,000 VPD

Traffic count

Location Intelligence

Trade Area within ½ mile

672

Businesses Nearby

283k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Apparel 34% Shops & Services 23% Dining 14% Home Improvements & Furnishings 9%

Marshalls Apparel

31,117 visits/mo 0.2 miles

Wawa Shops & Services

29,205 visits/mo 0.3 miles

HomeGoods Home Improvements & Furnishings

25,828 visits/mo 0.4 miles

Food Lion Grocery Store Groceries

20,445 visits/mo 0.3 miles

Staples Office Supplies

18,495 visits/mo 0.2 miles

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 Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this strip malls located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Mixed-Use Building with Coffee Shop

109 Baltimore Ave, Ocean City, MD 21842

$1,400,000

3,908 SF

View details

NNN Convenience Store Property

5601 Coastal Highway 3 & 4, Ocean City, MD 21842

$1,600,000

2,100 SF

View details

Concrete Grocery Building

106 N DIVISION STREET, Ocean City, MD 21842

$2,750,000

2,700 SF

View details

Shopping Center Unit

5601 Coastal Hwy Unit 6, Ocean City, MD 21842

$1,000,000

1,390 SF

View details

Shopping Center Retail Opportunity

5601 COASTAL HIGHWAY, Ocean City, MD 21842

$1,000,000

1,390 SF

View details

Conventional Restaurant Property

5601 Coastal Hwy Unit 7, Ocean City, MD 21842

$1,200,000

1,810 SF

View details

Downtown Ocean City Hospitality Compound

1210 Philadelphia Avenue, Ocean City, MD 21842

$2,900,000

6,996 SF

View details

Bayfront Multifamily Compound

112 / 114-A 75TH Street, Ocean City, MD 21842

$1,409,900

4,048 SF

View details

Retail/Office Condo Shop

9927 Stephen Decatur Highway 7f, Ocean City, MD 21842

$399,999

1,580 SF

View details

Downtown Hospitality Compound with Motel

1215 PHILADELPHIA AVENUE, Ocean City, MD 21842

$1,900,000

2,940 SF

View details

Bayfront Income-Producing Multi-Unit Property

112 / 114-A 75TH ST, Ocean City, MD 21842

$1,409,900

4,048 SF

View details

Residential Income Property with Parking

106 PHILADELPHIA AVE, Ocean City, MD 21842

$1,300,000

2,080 SF

View details

Frequently Asked Questions

What type of property is this?

Strip mall - Wide-open retail space with large storefront windows, small office, storage, and two restrooms in a busy strip center.

Where is this strip mall located?

The property is located at 12638 OCEAN GATEWAY Ocean City, MD.

What are key features of this property?

This property features: 5,000 SF retail space in an Ocean City, MD strip center built in 2005; Traffic counts over 33,000 daily and a highly visible location; Wide‑open interior layout with a small office, storage room, and 2 restrooms