2925 Old Route 50/Ocean Gtwy

Highlights:

• Days on Market: 15

Description:

Two (2) parcels totaling 3.44 acres. An exceptional 3.44-acre commercial development site with approximately 525 feet of direct frontage on U.S. Route 50, the primary gateway to Maryland’s Eastern Shore. With triple road exposure along Route 50, Old U.S. Route 50, and Moose Lodge Road, the property delivers outstanding visibility and multiple access options, ideal for high-profile projects. Positioned just east of the Hyatt Regency Chesapeake Bay Resort, this site lies within Cambridge’s active retail and commercial corridor, where new development continues to expand. Parcels of this size and prominence are increasingly difficult to find. Adding further appeal, the property includes three existing homes that can generate rental income to help carry the note while plans progress, offering flexibility and reduced holding costs for investors and developers.

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Listing ID: 804229056522