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About This Home

This 0-bedroom, 0-bathroom commercial at 4123 OCEAN GATEWAY in Trappe, MD is listed for $5,500,000. Built in 1968, on a 7.60 acres lot.

Agent Description

This 7.6 Acre Premier Commercial Parcel offers exceptional versatility in one of the Eastern Shore's most active growth corridors. Located along Rt. 50 between Easton and Cambridge, Maryland, the property features approximately 932 linear feet of frontage on a heavily traveled roadway, connecting the Chesapeake Bay Bridge and Ocean City.

The site benefits from excellent Ingress and Egress, strong traffic counts, and outstanding visibility. The owner is willing to subdivide into smaller parcels for a qualified buyer, allowing flexibility for phased development, pad sites, or mixed-use configurations.

Positioned directly in front of and adjacent to a 2,500 home development currently under construction, the property is surrounded by both established neighborhoods and rapidly emerging residential density. This location provides built-in demand and supports a wide range of high-performing commercial and service -oriented uses.

Its current use is a gas station/convenience store that has thrived for many years. With scale, frontage, and development flexibility, this property presents a rare opportunity for investors and devlopers seeking long-term growth and multiple exit strategies along Route 50.

Key Features

  • Built in 1968
  • 7.60 acre lot

Property Details

1968

Monthly Cost Estimate

$29,415/mo

20% down · 6.5% · 30 years

Principal$3,978
Interest$23,833
Insurance$1,604

Estimates only. Actual payments may vary.

Location

4123 OCEAN GATEWAY

Trappe, MD 21673

Property Details

Construction

Brick

Parking

Parking Lot

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 4123 OCEAN GATEWAY is listed at $5,500,000. The estimated monthly payment is $23,833 based on 20% down at 6.5% interest.

Key features include: Built in 1968, 7.60 acre lot.

This property is listed by Stephany A. Barrett and can be reached at 8885360216 or STEPHANY.BARRETT@lnf.com.

SB

Stephany A. Barrett

Agent at Easton/St. Michaels MD Realty

(888) 536-0216

Listed by Easton/St. Michaels MD Realty · View on Broker Site

MLS# MDTA2012716· Source: listhub· Updated 111 days ago

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4123 OCEAN GATEWAY, Trappe, MD 21673

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