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Warehouse Condo with Garage Door
For Sale
$249,000
Pending

9808 STEPHEN DECATUR Hwy 12, Ocean City, MD 21842

Warehouse condo with an oversized garage door, heat pump HVAC, overhead lighting, and a half bath.

Property SizeContact for details
Days on Market54

Property Features for 9808 STEPHEN DECATUR Hwy 12

General Information

Standard status Pending
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $1,618

Building Details

Year Built 2007
Units 1
Listing Agency: Coastal Life Realty Group LLC
Listed By: Megan Foley
Source: Elliman
Added: Jul 17 Changed: Aug 17 Last Checked: Aug 14 at 7:11AM

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.

This commercial warehouse condo at Assateague Square offers approximately 1,000 square feet of conditioned space. The unit includes an oversized garage door, overhead lighting, a heat pump for heating and A/C, and a half bath. The space is set up well for personal storage, including uses such as boat and auto storage, with the option to build out for retail space.

The community is accessed from Rt 611 and is described as providing excellent accessibility and visibility. The property is part of a well-managed condo community with low quarterly condo fees of $300, covering exterior lighting, road maintenance, and an onsite dumpster.

Key Highlights

  • Commercial warehouse condo built in 2007 in Assateague Square
  • Approximately 1,000 sq ft of conditioned space
  • Oversized garage door for storage use or future build‑out

Property Analytics

Current Use

Salon By the Bay Hair Salon Oasis Travel Travel Agency Bradley Construction Company, ... Construction Company Celtic Nations Contracting General Contractor Cholula LLC Grocery & Convenience Store

Suggested Use

Top Pick Auto Parts Store Building Supply Dental Office Cafe & Coffee Shop Grocery & Convenience Store Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

707
Businesses Nearby
Under-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
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Similar Off Market Nearby

  • Connoisseurs Fine Food and Wine 9923 Stephen Decatur Hwy, Ocean City, MD 21842

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse condo with an oversized garage door, heat pump HVAC, overhead lighting, and a half bath.
Where is this flex space located?
The property is located at 9808 STEPHEN DECATUR Hwy 12 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: Commercial warehouse condo built in 2007 in Assateague Square; Approximately 1,000 sq ft of conditioned space; Oversized garage door for storage use or future build‑out
More about this property
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