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$ 995,000
Est. payment /mo
Price Dropped by $105K
2925 OLD ROUTE 50/OCEAN GTWY Cambridge, MD 21613
UPDATED:
Key Details
Property Type Commercial
Sub Type Land for Commercial Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID MDDO2010772
Total Units 3
Short Sale No
Originating MLS BRIGHT
Property Description
Two (2) parcels totaling 3.44 acres. An exceptional 3.44-acre commercial development site with approximately 525 feet of direct frontage on U.S. Route 50, the primary gateway to Maryland's Eastern Shore. With triple road exposure along Route 50, Old U.S. Route 50, and Moose Lodge Road, the property delivers outstanding visibility and multiple access options, ideal for high-profile projects. Positioned just east of the Hyatt Regency Chesapeake Bay Resort, this site lies within Cambridge's active retail and commercial corridor, where new development continues to expand. Parcels of this size and prominence are increasingly difficult to find. Adding further appeal, the property includes three existing homes that can generate rental income to help carry the note while plans progress, offering flexibility and reduced holding costs for investors and developers.
Location
State MD
County Dorchester
Zoning B2
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
1-purchase type For Sale
Exterior
Waterfront N
Water Access N
Accessibility Other
Parking Type None
Building
New Construction N
Sewer Public Sewer
Water Other
Schools
School District Dorchester County Public Schools
Others
Tax Amount $2,305
Tax Year 2025
Tax ID 1014002855
Ownership Other
Special Sale Standard
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Listed by Matthew Trader • Rinnier Development Co
Anita Mohamed
Broker Associate | jhy1aaaaaaaaaaaaaaaa 244410410
+1(347) 903-3025 | stagesite-3.test@chime.me