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4123 Ocean Gateway Trappe, MD $ 5,000,000
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4123 Ocean Gateway
$ 5,000,000
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4123 Ocean Gateway

Trappe, MD, 21673
$ 5,000,000
Bedrooms-- Baths-- Sq 331,056

Monthly Estimate*

$ 29,945

4123 Ocean Gateway, Trappe, MD 21673 - Image 1
4123 Ocean Gateway, Trappe, MD 21673 - Image 2
4123 Ocean Gateway, Trappe, MD 21673 - Image 3
4123 Ocean Gateway, Trappe, MD 21673 - Image 4
4123 Ocean Gateway, Trappe, MD 21673 - Image 5
4123 Ocean Gateway, Trappe, MD 21673 - Image 6
4123 Ocean Gateway, Trappe, MD 21673 - Image 7
4123 Ocean Gateway, Trappe, MD 21673 - Image 8

Commercial Property for sale in Trappe, MD

for $5,000,000. This 331,056 square foot building was built in 1968 on a lot size of 7.6.

OWNER WILLING TO SUBDIVIDE PROPERTY INTO SMALLER PARCELS FOR QUALIFIED BUYERS. Many potential uses such including restaurants, retail, commercial and more. This 7.6-acre premier location with 932 linear feet of Route 50 frontage includes two entrances, zoned CR commercial. Located next the New Community of Lakeside at Trappe, where 2,500 homes being built. This property has a variety of opportunities and end use possibilities. Commercial CR includes R1, R2 and C1 permitted uses. Approximately 30,000 cars travel by the site daily. Excellent visibility and access from Route 50 both directions and beach traffic. The current use is a gas station and 1,481 sf convenience store. The gas station includes eight new pumps and one high flow diesel and one offroad diesel. Potential Talbot County Class A Beer/Wine License.

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Commercial Active

Price

$ 5,000,000

Property Type

Commercial

Taxes

$ 4,765

Style

Convenience Store/Gas

Lot Size

7.6

Year Built

1968

Town/City

Trappe

County/Region

Talbot

MLS | Web ID

MDTA2007736
Features
Interior
Heating Fuel Oil
Hot Water Electric
Total Stories 1
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 1
Entry Level 1
Number of Elevators 0
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General
Sewer On Site Septic
Heating Forced Air
Cooling Central A/C
Possession Settlement
Zoning C2 AND R1
Construction Materials Brick
Year Built 1968
Property Subtype Mixed Use
Tax Year 2024
FULL Fee Simple
Cool Fuel Electric
Municipality Trappe
Business Type Convenience Store/Gas
Accessibility Level Entry - Main
County TALBOT
New Construction N
Property Type Commercial Sale
Possible Use Apartments Barber/Beauty Convenience Store Development Dry Cleaner Food & Beverage Hotel/Motel Laundromat Medical/Dental Mixed Use Multi-Family Office Printing Professional Service Senior Assisted/Da
Water Access Y/N N
Status ACTIVE
Directions Located on the east side of US 50 on the north side of Trappe MD.
City TRAPPE
Disclosures Buried Fuel Tanks
Zoning Description Eligible for Highway Commercial Mixed zoning with an approved PUD. Could allow up to 10 residential units p/a.
NumberOfUnitsTotal 1
Lot Size Units Square Feet
Lot Size Square Feet 331100.00
Waterfront Y/N N
Tax Annual Amount 4765.43
Property Condition Average
Price Per Sq Ft Total AG 3518.65
Acceptable Financing Cash Conventional FNMA Lease Purchase USDA
Historic Y/N N
Lease Considered Y/N Y
Vacation Rental Y/N N
Location Type Highway
Standard Status Active
Year Built Source Estimated
Legal Subdivision *
Association Recreation Fee N
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Exterior
Parking Features Lighted Parking
Lot Features Subdivision Possible
Water Source Public
Inclusions All inventory and fixtures are included. Gas pumps and tanks are included.
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 1421.00
Lot Size Acres 7.60
Road Surface Type US Highway/Interstate
Lot Size Source Estimated
Road Responsibility State
Land Assessed Value 303300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 4123
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* Excluded Features
List By
Rauch Properties, Llc

Broker

jennifer@rauchproperties.com

Email

Affordability Calculator

$30,342
Per Month
99%
1%
0%
Monthly Principal & Interest
$29,945
Monthly Property Taxes
$397
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/22/2024$5,000,000 Listed Price

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4123 Ocean Gateway, Trappe, MD, 21673 is a Commercial Property for sale at $5,000,000 with 331,056 sqft and a lot size of 7.6. 4123 Ocean Gateway was built in 1968. The property's zip code is 21673 which is in Trappe, MD

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