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Retail/Office Shop in Shopping Center
For Sale
$387,500

7f-9927 Stephen Decatur Hwy, Ocean City, MD 21842

For sale retail or office shop within Teal Marsh Shopping Center, with ongoing quarter and condo-related fees.

Property SizeContact for details
Days on Market311

Property Features for 7f-9927 Stephen Decatur Hwy

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,099
Listing Agency: Coldwell Banker Realty
Listed By: Jamie Caine
Source: Exprealty
Added: Nov 7, 2025 Changed: Sep 10 Last Checked: Sep 13 at 12:55PM

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 Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This property is a combined retail/office shop located within the Teal Marsh Shopping Center. The listing indicates the unit is a storefront-style commercial space suitable for either retail merchandising or professional office use. Ongoing expenses noted with the offering include quarter fees and a water bill of $50, along with a $1,425 condo fee.

The shop is located at 7F-9927 Stephen Decatur Hwy in West Ocean City, Maryland. As part of an established shopping center, the unit benefits from shared center operations and a tenant environment designed for walk-in and drive-by customers.

For tenants, the flexibility of a retail/office configuration can support businesses that need a street-facing storefront presence while also accommodating office-oriented operations. For buyers, the stated recurring charges provide a baseline for budgeting alongside the purchase price for a shop within the shopping center setting.

Key Highlights

  • Retail/office shop for sale in the Teal Marsh Shopping Center in West Ocean City
  • Quarter fees: water bill listed at $50
  • Condo fee listed at $1,425

Property Analytics

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Current Use

Shopping centers

Suggested Use

Top Pick Auto Parts Store Building Supply Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith

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

243
Businesses Nearby
4k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
3,797 visits/mo 0.2 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
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Similar Off Market Nearby

  • Assateague Square 103 Stephen Decatur Hwy, Ocean City, MD 21842
  • Kozma Coins MD-611, Ocean City, MD 21842
  • Park Place Plaza 12720 Ocean Gateway, Ocean City, MD 21842

Frequently Asked Questions

What type of property is this?
Shopping center - For sale retail or office shop within Teal Marsh Shopping Center, with ongoing quarter and condo-related fees.
Where is this shopping center located?
The property is located at 7f-9927 Stephen Decatur Hwy Ocean City, MD.
What is the asking price?
The asking price for this property is $387,500.
What are key features of this property?
This property features: Retail/office shop for sale in the Teal Marsh Shopping Center in West Ocean City; Quarter fees: water bill listed at $50; Condo fee listed at $1,425
More about this property
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