Subdividable Retail Space with Fitting
12741 OCEAN Gateway Ocean City, MD 21842
For Lease
$25 SF/Yr
CommercialLease - OCEAN CITY, MD
Property Size5,563 SF
Lot Size21.15 Acres
Days on Market170
Property Features for 12741 OCEAN Gateway
General Information
- Property type
- Other
- Property subtype
- Retail
- Parking
- 600
- Parking features
- Parking Lot
- Standard status
- Active
- Size
- 5,563 SF
- Lot size
- 21.15 Acres
Building Details
- Year built
- 1996
- Building materials
- Mixed
Listing Agency:
SVN/Miller Commercial Real Estate
(410) 543-2440
Listed By:
Kelly Jeter · License #666318
(410) 543-2440
Added: Feb 5
Changed: Jun 9
Last Checked: Jul 25 at 6:06AM
MLS# MDWO2035864
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.
This former Forever 21 retail space is laid out for retail use and includes a storage room and fitting room area within the existing configuration. The listing notes that major mechanicals will need to be added to the space before it can be fully operational. The space can also be subdivided based on tenant needs, with the available size range stated as 2,000 to 5,563 square feet.
The property is located at 12741 Ocean Gateway in Ocean City, Maryland, along a corridor with approximately +/-32,700 vehicles per day. The center is described as being just minutes from the Boardwalk and beaches, and the provided remarks cite more than 8 million annual visitors with a seasonal population surge to 320,000+.
For tenants seeking a flexible retail setup within a busy coastal shopping environment, this offering may fit a range of retail and service concepts. The shopping center is anchored by HomeGoods, Old Navy, Under Armour, and Coach, and the listing describes ongoing maintenance and customer service under new ownership/management. With the ability to subdivide, operators can align the space to their footprint while planning for required mechanical additions prior to opening.
The property is located at 12741 Ocean Gateway in Ocean City, Maryland, along a corridor with approximately +/-32,700 vehicles per day. The center is described as being just minutes from the Boardwalk and beaches, and the provided remarks cite more than 8 million annual visitors with a seasonal population surge to 320,000+.
For tenants seeking a flexible retail setup within a busy coastal shopping environment, this offering may fit a range of retail and service concepts. The shopping center is anchored by HomeGoods, Old Navy, Under Armour, and Coach, and the listing describes ongoing maintenance and customer service under new ownership/management. With the ability to subdivide, operators can align the space to their footprint while planning for required mechanical additions prior to opening.
Key Highlights
- Prime location in Ocean City, Maryland, a highly visited destination.
- Exceptional visibility with strong traffic counts of +\/-32,700 VPD on Ocean Gateway.
- Anchored by top national retailers including HomeGoods, Old Navy, Under Armour, and Coach.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
J.Crew Factory
Clothing & Fashion Store
Chico's Off The Rack
Clothing & Fashion Store
Hanesbrands
(Bike/Boat/Book/etc) Store
rue21
Clothing Store
The Children's Place Outlet
Clothing & Fashion Store
FAQs
What type of property is this?
Retail space - Retail suite previously built for Forever 21, featuring a fitting room area and storage, with mechanicals needed for occupancy.
Where is this retail space located?
The property is located at 12741 OCEAN Gateway Ocean City, MD.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime location in Ocean City, Maryland, a highly visited destination.; Exceptional visibility with strong traffic counts of +\/-32,700 VPD on Ocean Gateway.; Anchored by top national retailers including HomeGoods, Old Navy, Under Armour, and Coach.
