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

12842 OCEAN Gateway, Ocean City, MD 21842

Commercial Sale, OCEAN CITY, MD

Property SizeContact for details
Lot Size0.41 Acres
Days on Market1

Property Features for 12842 OCEAN Gateway

General Information

Property type Other
Property subtype Retail
Parking 23
Parking features Parking Lot
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 0.41 Acres

Taxes and HOA fees

Tax Annual Amount 11848

Utilities

Heating system Heat Pump (Heating)
Cooling system Central Air, Ceiling Fan(s)

Amenities

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

Building Details

Year built 2011
Number of units 1
Building materials Frame
Listing Agency: SVN/Miller Commercial Real Estate
Listed By: Florence Brotzman · License #597618
Added: Oct 6 Last Checked: Oct 6 at 4:06PM
MLS# MDWO2041838

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 2011 freestanding storefront occupies a 0.4063-acre parcel and includes 23 parking spaces. Inside, the building has high ceilings, exposed wood beams, polished concrete floors, and modern ductwork. Heating is provided by a heat pump, with central air conditioning and ceiling fans for cooling. The exterior is framed construction and includes prominent signage placement.

The property fronts Route 50, where the stated daily traffic count is 25k-40k+. Royal Farms is next door, and the Ocean City Park & Ride is adjacent. Commercial zoning is described as supporting retail, office, and service uses. A 25 year restriction applies to laundromat use at this location.

Key Highlights

  • 0.4063‑acre parcel with a freestanding storefront
  • 23 dedicated parking spaces
  • Located on Route 50, with stated daily traffic of 25k‑40k+

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

40,000 VPD
Traffic count

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
View Realmo Analytics

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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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 - Freestanding commercial space features a high-ceiling interior, concrete flooring, and dedicated on-site parking.
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: 0.4063‑acre parcel with a freestanding storefront; 23 dedicated parking spaces; Located on Route 50, with stated daily traffic of 25k‑40k+
More about this property
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