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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.

Highlights

  • Commercial Sale
  • Mixed Use
  • Built in 1968
  • 7.6 Acre Lot
  • 271 days on Market

  • Year Built
    1968
  • Stories
    1.0
  • Construction Materials
    Brick
  • Living Area
    1421.0
  • Appliances
    Electric Water Heater
  • Cooling
    Central Air
  • Heating
    Forced Air, Oil

  • Acres
    7.6
  • Water
    Public

  • County
    Talbot
  • City
    Trappe
  • Zip Code
    21673

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Frequently Asked Questions

How do I schedule a tour of 4123 Ocean Gateway?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 4123 Ocean Gateway.

They know commercial sales in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 4123 Ocean Gateway?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $5,500,000. We can talk through recent upgrades, potential seller motivation, how this mixed use compares to others in Trappe, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 4123 Ocean Gateway?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 4123 Ocean Gateway at around $31,696. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 4123 Ocean Gateway?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Talbot County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 4123 Ocean Gateway?

In most cases, yes. Whether 4123 Ocean Gateway is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Trappe's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 4123 Ocean Gateway?

We can handle that for you. Our preferred local agent specializes in commercial sales in Trappe and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $5,500,000 with 1,421 sqft of space—that comes out to approximately $3,871 per square foot.

How long has this property been on the market?

4123 Ocean Gateway was listed on February 10, 2026, which means it's been on the market for 271 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1968, making it approximately 58 years old.

What is the lot size of this property?

4123 Ocean Gateway sits on a 7.6-acre lot, which is 331,056 square feet.

What are the property taxes for 4123 Ocean Gateway?

The most recent public record shows annual property taxes for 4123 Ocean Gateway were approximately $4,765. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 4123 Ocean Gateway still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Bright. All rights reserved.

Last Updated: November 08, 2026 at 10:21PM | Source: Bright | MLS#: MDTA2012716