About This Home
This 3-bedroom, 2-bathroom single family at 27793 OCEAN Gateway in Salisbury, MD is listed for $359,900 ($155 per sqft). Built in 1935, the home offers 2,329 sqft of living space on a 23.00 acres lot.
Key Features
- Built in 1935
- 23.00 acre lot
- 2 stories
Property Details
Amenities
23+/- acres of exceptional opportunity on one of the Eastern Shore's busiest commercial corridors. Located directly on Ocean Gateway (Route 50) and across from the recently opened Tidal Roots development, this unique property offers approximately 1,200 feet of road frontage, providing outstanding visibility and accessibility for a wide range of future uses.
The property includes two existing residences, including one currently occupied by a tenant, offering potential holding income while future plans are developed. Whether your vision includes commercial development, mixed-use, hospitality, medical, retail, office space, multifamily housing, or a long-term investment, this property offers the size, fr
ontage, and location to bring those ideas to life (subject to county approvals and zoning requirements). As Salisbury and the Route 50 corridor continue to experience growth, opportunities of this scale and visibility are becoming increasingly rare. If you're looking for a property with exceptional exposure and virtually unlimited potential, this is one you won't want to miss.
Monthly Cost Estimate
$1,925/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
27793 OCEAN Gateway
Salisbury, MD 21801
NONE AVAILABLE
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 27793 OCEAN Gateway is listed at $359,900 ($155/sqft). The estimated monthly payment is $1,925 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1935, 23.00 acre lot, 2 stories.
This property is listed by William P Brown and can be reached at 3023814513.
