3121 Ocean Gtwy Cambridge, MD 21613-3408

Property Details for 3121 Ocean Gtwy

Year built

1985

Construction

BRICK

Lot size

1.78 lot acres

Property size

4,000 SF

Zone code

B-2

Property type

Retail space

APN

14-011609

APU

14011609

Description

This exceptional 4,000 square foot office building presents a compelling investment opportunity in Cambridge, MD. Situated on a generous 1.78-acre lot, the property boasts significant potential for expansion, with the possibility of adding onto the existing structure or constructing a separate building on the ample land. The property benefits from dual access points, providing convenient access via Route 50 and Airey's Spur Road, enhancing its accessibility and visibility. Currently occupied by a reliable commercial tenant with a proven history of on-time rent payments, this asset offers immediate cash flow and long-term stability. Detailed rental history is available upon request. The property's development is also compliant with the "Reach the Beach" development restrictions, ensuring future development possibilities within established guidelines. The owner is willing to grant access to an adjoining property, further enhancing the potential for expansion or development. This prime commercial property offers a unique blend of immediate income generation and significant future growth potential, making it an ideal investment for discerning buyers. The location provides excellent visibility and accessibility, making it an attractive proposition for a variety of businesses. This is a rare opportunity to acquire a well-located, established commercial property with significant upside potential.

Location Insight

City

Cambridge

County

Dorchester

State

Maryland

Longitude

-76.0229

Latitude

38.5501

CBSA code

15700

CBSA name

CAMBRIDGE, MD MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments