Standalone Storefront with
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 Market17
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
Ceiling Fan(s), Central Air
Building Details
Year built
2011
Number of units
1
Building materials
Frame
Listing Agency:
SVN/Miller Commercial Real Estate
(410) 543-2440
Listed By:
Florence Brotzman · License #597618
(410) 543-2419
Added: Oct 6
Changed: Oct 21
Last Checked: Oct 22 at 7:06AM
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.
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Investment Insights
Based on property information with market context.
This freestanding storefront, built in 2011, occupies a 0.4063-acre parcel and includes a 23-space parking lot. Inside, exposed wood beams, polished concrete flooring, high ceilings, and modern ductwork define the space. Heating is provided by a heat pump, with central air and ceiling fans for cooling. The property has allocations for 5 Water EDU's and 2 Sewer EDU's, along with a coastal-style exterior and prominent signage placement.
The building fronts Route 50, where the stated daily traffic count is 25k-40k+. It is next to a Royal Farms and near the Ocean City Park & Ride. A 25-year restriction against laundromat use applies to the property; the current laundromat is relocating 0.3 miles west.
The building fronts Route 50, where the stated daily traffic count is 25k-40k+. It is next to a Royal Farms and near the Ocean City Park & Ride. A 25-year restriction against laundromat use applies to the property; the current laundromat is relocating 0.3 miles west.
Key Highlights
- 23 dedicated parking spaces
- Route 50 location with a stated daily traffic count of 25k‑40k+
- Adjacent to Royal Farms and the Ocean City Park & Ride
Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
655
Businesses Nearby
317k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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 - Exposed wood beams, polished concrete floors, and central air shape the interior.
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 location with a stated daily traffic count of 25k‑40k+; Adjacent to Royal Farms and the Ocean City Park & Ride
