Commercial Land for Sale on US Rt. 50 (Ocean Gateway)

2809-2811 Ocean Gateway Cambridge, MD 21613

2809-2811 Ocean Gateway, Cambridge, MD, 21613
2809-2811 Ocean Gateway, Cambridge, MD, 21613
FOR SALE
Property Type:
Commercial Land Development
Amount:
$900,000
Last Verified:
Dec 09, 2020

Highlights

  • 1.47 acre lot zoned Commercial on US Rt. 50 (Ocean Gateway)
  • Traffic count of over 30,000 cars per day at this location
  • Over 275' frontage on US Rt. 50 - adjacent to Super Walmart & across Rt. 50 from Hyatt Regency Resort.
  • Commercial zoning allows a wide variety of uses

Description

1.47 acres on US Rt. 50 (Ocean Gateway) Over 275' frontage on US Rt. 50.
Traffic count is over 30,000 cars per day at this location
Located just east of US Rt. 50 & Rt. 16 intersection
Great location and visibility adjacent to Super Walmart and across Rt. 50 from Hyatt Regency Resort.

Located on US Rt. 50 (Ocean Gateway) just east of US Rt. 16 and Hebron Savings Bank

Lot Size: 1.47 acres

Map of 2809-2811 Ocean Gateway, Cambridge, MD, 21613

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.