Ocean GatewayBerlin, MD 21811MLS Number MDWO114676

  • Price: $2,700,000
  • 526 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 2021
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Ocean Gateway Berlin MD 21811Ocean Gateway Berlin MD 21811Ocean Gateway Berlin MD 21811Ocean Gateway Berlin MD 21811Ocean Gateway Berlin MD 21811Ocean Gateway Berlin MD 21811Ocean Gateway Berlin MD 21811Ocean Gateway Berlin MD 21811Ocean Gateway Berlin MD 21811
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  • 112.6Acreage
  • HighwayLocationType
  • 2021Assessment Year
  • 1777County Tax

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Development Opportunity fronting Route 50 in Berlin, Maryland, voted America's Coolest Small Town (Worcester County). The +/- 112.6 acre site is fully approved with two onsite wells and three storm water management ponds (waste water needed). Phase I complete. Conceptually, the property has been approved for 350+ RV and/or cottage-style lodging sites, but would accommodate a variety of other uses. Permitting documentation and a full engineering report are available upon request. The property is located minutes from the resort town of Ocean City, Maryland and the Assateague Island National Seashore, and is within 3-hours of Baltimore, Philadelphia and Washington D.C. During the summer season, Ocean City is the second largest town in Maryland, accommodating over 8-million visitors. Current RV parks and campgrounds have 2+ year guest waiting lists.
Listed by John C Davis of NAI Coastal

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More Info

Basic Information

  • Broker NameNAI Coastal
  • List Price$2,700,000
  • LocationTypeHighway
  • MLS NumberMDWO114676
  • MLS Property TypeCommercial Sale
  • StatusACT
  • Vacation Rental YNN

Building

  • Building Area SourceAssessor
  • Construction MaterialsOther
  • Garage Spaces
  • Num Attached Garage Spaces
  • Num Detached Garage Spaces
  • Total Garage And Parking Spaces1000

Utilities

  • Central Air YNN
  • CoolingOther
  • Cooling FuelOther
  • Heat SystemOther
  • Heating FuelOther
  • Heating YNY
  • SewerOther
  • Water HeaterOther
  • Water SourceWell

Tax Information

  • Assessment Year2021
  • County Tax1777
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount210300
  • Tax Year2021
  • Taxes$2,013
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage112.6
  • Business TypeOther, Campground, Mobile Home Park, Recreation
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions0.00 x 0.00
  • Lot Size SourceAssessor
  • Lot Size Square Feet4,904,856
  • New Construction YNN
  • Property SubTypeLand for Commercial Use
  • ZoningA-1

Parking

  • Assigned Parking Spaces
  • Parking TypesOther

Basic Information

  • Date Listed06/25/2020

Location

  • AddressOcean Gateway
  • CountyWorcester
  • Cross StreetLogtown Road
  • DirectionsEastbound RT 50 (Ocean Gateway) at the intersection of Logtown Road in Berlin, Maryland (Worcester County).
  • In City Limits YNN
  • StateMD
  • TownBerlin
  • Water Oriented YNN
  • Zip21811

Amenities

  • Accessibility AmenitiesNone

Water Body

  • Tidal Water YNN
  • Water AccessN
  • Water View YNN
  • WaterfrontN

Other

  • Ground Rent Exists YNN
  • View Count1

Berlin, MD Demographics

There is no data available

Berlin, MD Real Estate Market Data

There is no data available

Berlin, MD Schools

School NameDistanceTypeGrades
RE/MAX Realty Group - Gaithersburg
RE/MAX Realty Group - Gaithersburg
Office: 301-258-7757
6 Montgomery Village Avenue
STE200
Gaithersburg, MD 20879

Copyright 2021 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which RE/MAX Realty Group/100 participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated December 2, 2021. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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