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Modern Strip Center Retail Suite
For Lease
$28 SF/Yr

12638 OCEAN Gateway, Ocean City, MD 21842

CommercialLease - OCEAN CITY, MD

Space SizeContact for details
Lot Size1.43 Acres
Days on Market55

Property Features for 12638 OCEAN Gateway

General Information

Property type Other
Property subtype Retail
Parking 75
Parking features Parking Lot, Special Needs
Elementary school district WORCESTER COUNTY PUBLIC SCHOOLS
Middle school district WORCESTER COUNTY PUBLIC SCHOOLS
High school district WORCESTER COUNTY PUBLIC SCHOOLS
Standard status Active
Lot size 1.43 Acres

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump

Building Details

Year built 2005
Number of units 1
Building materials Dryvit, Stone, Stucco
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Florence Brotzman · License #597618
Added: Jul 10 Changed: Jul 13 Last Checked: Sep 2 at 12:06AM
MLS# MDWO2039572

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

A 5,000 sq.ft. retail space is available for lease within a modern, well-maintained strip center. The current interior layout is wide open, with a small office, a storage room, and two restrooms. The suite also features large storefront windows, supporting a flexible tenant buildout for retail or professional use, and the owner will consider subdividing into two separate 2,500 sq.ft. units.

The center is described as having a highly visible location, with traffic counts over 33,000 vehicles per day. The property includes ample parking for customers and staff.

Pricing is stated as $28 per sq.ft. and includes taxes and insurance. The tenant is responsible for utilities and liability and contents insurance.

Key Highlights

  • 5,000 sq.ft. retail space for lease in Ocean City, MD
  • Highly visible strip center with traffic counts over 33,000 daily
  • Owner will consider subdividing into two 2,500 sq.ft. units

Property 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
NNN (Triple Net)
Lease Type
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

672
Businesses Nearby
283k
Monthly Visits Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - 5,000 sq.ft. retail suite in a well-maintained strip center with large storefront windows and an open layout.
Where is this strip mall located?
The property is located at 12638 OCEAN Gateway Ocean City, MD.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: 5,000 sq.ft. retail space for lease in Ocean City, MD; Highly visible strip center with traffic counts over 33,000 daily; Owner will consider subdividing into two 2,500 sq.ft. units
More about this property
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