2925 OLD ROUTE 50/OCEAN GTWY, Cambridge, MD 21613
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2925 OLD ROUTE 50/OCEAN GTWY, Cambridge, MD 21613
2925 OLD ROUTE 50/OCEAN GTWY, Cambridge, MD 21613
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Alec Dormer

Alec Dormer

+1(717) 856-4126
Listed by Matthew Trader • Rinnier Development Co
$ 995,000
Est. payment /mo
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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

Year Built 1950

Annual Tax Amount $2,305

Tax Year 2025

Property Sub-Type Land for Commercial Use

Source 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

Exterior

Water Access N

Accessibility Other

Garage N

Building

Sewer Public Sewer

Water Other

New Construction N

Schools

School District Dorchester County Public Schools

Others

Tax ID 1014002855

Ownership Other

Special Listing Condition Standard

Bright MLS (BMLS)

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Alec Dormer

Realtor License ID: RS362103

+1(717) 856-4126 | alec@dormerrealestate.com

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2925 OLD ROUTE 50/OCEAN GTWY