2835 Ocean Gateway Cambridge, MD 21613
Estimated payment $1,017/month
Highlights
- No HOA
- Bungalow
- Forced Air Heating System
- Laundry Room
About This Home
**BACK TO ACTIVE AT NO FAULT OF SELLER**- Outstanding Commercial opportunity to own a highly visible property with direct frontage on US Route 50, traveled by over 30,000 vehicles daily. Situated on just under a quarter acre and zoned General Commercial (confirm intended uses with the City of Cambridge), this flexible property is ideal for business owners, tradespeople, or investors. The existing structure offers a 1–2 bedroom layout with a spacious kitchen, LVP flooring in the living area, laundry/utility room, and recent updates including a new furnace (2023) and roof (2017)- previously rented for $1340/mo.. Public water and sewer are already connected, and the ample outdoor space provides options for vehicle or material storage. Whether you're looking to establish a small business, work on-site, or redevelop in a high-traffic corridor, this property combines affordability, exposure, and long-term potential. Owner Financing Available for qualified buyers!
Listing Agent
(410) 476-7519 sydney@sharonre.com Sharon Real Estate P.C. License #657232 Listed on: 11/14/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,617
Year Built
- Built in 1940
Lot Details
- 10,018 Sq Ft Lot
- Property is in average condition
- Property is zoned B2
Home Design
- Bungalow
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 648 Sq Ft Home
- Property has 1 Level
- Crawl Space
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- 2 Driveway Spaces
- Gravel Driveway
Schools
- Maces Lane Middle School
- Cambridge-South Dorchester High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Powered By Leased Propane
- Electric Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 1007134096
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,720 | $144,800 | $100,100 | $44,700 |
| 2024 | $2,557 | $141,567 | $0 | $0 |
| 2023 | $2,557 | $138,333 | $0 | $0 |
| 2022 | $2,497 | $135,100 | $100,100 | $35,000 |
| 2021 | $1,694 | $112,467 | $0 | $0 |
| 2020 | $1,694 | $89,833 | $0 | $0 |
| 2019 | $1,281 | $67,200 | $37,100 | $30,100 |
| 2018 | $1,236 | $66,600 | $0 | $0 |
| 2017 | $901 | $66,000 | $0 | $0 |
| 2016 | -- | $65,400 | $0 | $0 |
| 2015 | $966 | $65,400 | $0 | $0 |
| 2014 | $966 | $65,400 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $150,000 | 0.0% | $231 / Sq Ft |
| 08/08/2025 08/08/25 | Pending | -- | -- | -- |
| 01/22/2025 01/22/25 | Price Changed | $150,000 | -3.2% | $231 / Sq Ft |
| 11/14/2024 11/14/24 | For Sale | $154,900 | -- | $239 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $62,500 | -- | |
| Deed | $600 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $55,000 | Future Advance Clause Open End Mortgage |
Source: Bright MLS
MLS Number: MDDO2008538
APN: 07-134096
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