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Standalone Storefront with Exposed Beams
New
For Sale
$1,899,000

12842 OCEAN GATEWAY, Ocean City, MD 21842

A distinctive interior pairs high ceilings and polished concrete with a coastal-style exterior and prominent signage placement.

Property Size2,800 SF
Price / SF$678.21
Days on Market2

Property Features for 12842 OCEAN GATEWAY

General Information

Standard status Active
Size 2,800 SF
Total Parking Spaces 23
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Amenities

soaring ceilings
exposed wood beams
polished concrete floors
modern ductwork
prominent signage placement

Building Details

Year Built 2011
Buildings 1
Construction coastal architectural
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Florence Brotzman · License #597618
Source: Cummingsrealtors
Added: Oct 6 Changed: Oct 7 Last Checked: Oct 7 at 9:10AM

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.

This standalone storefront, built in 2011, features soaring ceilings, exposed wood beams, polished concrete flooring, and modern ductwork. The coastal-style exterior includes prominent signage placement, and the property has 23 dedicated parking spaces. Broad commercial zoning supports retail, office, and service uses. A 25-year restriction prohibits laundromat use at this location.

The property fronts Route 50, with a stated daily traffic count of 25k–40k+. It sits next to Royal Farms and beside the Ocean City Park & Ride. The current laundromat is relocating 0.3 miles west.

Key Highlights

  • 23 dedicated parking spaces
  • Route 50 traffic count of 25k–40k+ daily
  • Next to Royal Farms and adjacent to the Ocean City Park & Ride

Property Analytics

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Current Use

Sunshine Laundry (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Auto Parts Store Building Supply Computer & Electronic Repair Big Box & Wholesale 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

655
Businesses Nearby
317k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Apparel 30% Dining 26% Shops & Services 18% Home Improvements & Furnishings 8%
Marshalls Apparel
31,117 visits/mo 0.4 miles
Chick-fil-A Dining
29,932 visits/mo 0.1 miles
HomeGoods Home Improvements & Furnishings
25,828 visits/mo 0.3 miles
Food Lion Grocery Store Groceries
20,445 visits/mo 0.4 miles
Staples Office Supplies
18,495 visits/mo 0.4 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Similar Off Market Nearby

  • Flowers By Alison — 9758 Carmody Ln, Ocean City, MD 21842
  • Alison to the Altar — 12537 Ocean Gateway, Ocean City, MD 21842

Frequently Asked Questions

What type of property is this?
Storefront property - A distinctive interior pairs high ceilings and polished concrete with a coastal-style exterior and prominent signage placement.
Where is this storefront property located?
The property is located at 12842 OCEAN GATEWAY Ocean City, MD.
What is the asking price?
The asking price for this property is $1,899,000.
What are key features of this property?
This property features: 23 dedicated parking spaces; Route 50 traffic count of 25k–40k+ daily; Next to Royal Farms and adjacent to the Ocean City Park & Ride
More about this property
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