- Photos
- 1 of 12
Medical Condos For Sale • 1,220+ SF
| Name | Condo Use | Size | Price | Details |
|---|---|---|---|---|
| 4th Floor - Unit 407 | Office/Retail | 11,076 SF | $1,772,160 USD | |
DescriptionTop floor creative loft unit. common area restrooms serve the floor. Cool location for art studios, galleries, technology firms, etc. The sale price includes a $553,800 construction credit at settlement. 6 contiguous recorded condominium units totaling 11,076 gsf. Sale NotesAssume an 80/20 owner occupancy financing. |
||||
| 4th Floor - Unit 413 | Office/Retail | 1,825 SF | $200,750 USD | |
DescriptionLocated on the south side of the 4th floor. Double door entrance right off the elevator lobby. Sale NotesThe unit is sold in the current shell condition and the buyer is responsible for the design and construction costs. |
||||
| 2nd Floor - Unit 209 | Medical Office | 1,220 SF | $158,600 USD | |
Sale NotesThe unit is sold in the current shell condition and the buyer is responsible for the construction and design costs. |
||||
| 2nd Floor - Unit 212 | Medical Office | 1,799 SF | $323,820 USD | |
DescriptionFinal corner unit for sale. Sale NotesThe sale price includes a $89,950 construction credit at settlement. |
||||
| 4th Floor - Unit 402 | Medical Office | 1,233 SF | $197,280 USD | |
DescriptionTop floor creative loft model suite available for sale or lease. The unit is sold with a finished ceiling, lights, HVAC and concrete floor. |
||||
| 2nd Floor - Unit 214 | Medical Office | 2,377 SF | $427,860 USD | |
DescriptionTwo contiguous units can be combined. The base building HVAC and electrical panels are in place. Sale NotesThe sale price includes a $118,850 construction credit to the buyer at settlement. Assume 80/20 LTV with 20% down and financing $342,288 @ 6.5% and a 25 year amortization = $2,311 monthly ($11.67 rsf) plus condo fees and real estate taxes. |
||||
Modern Retail/Office/Medical Condominium Building. NO MONEY DOWN Owner occupancy financing from 85% up to 100% financing available for qualified uses. Finance 85% of the purchase price plus the seller's credit of $50 gsf and settle with no money down and receive the construction check back at settlement. For example purchase unit 203 - 1,096 gsf and assume an 85/15 LTV loan with a local lender @ 6% and a 25 year amortization = 1,080 monthly ($11.83) NNN. The sale price of $197,280 less the 85% loan for $167,688 and less the seller's $50 gsf credit of $54,800 and the buyer can purchase the property with $0 money down and receive a check in the amount of $25,208 for the buyer to use for the construction. Final Retail unit available. 1,453 gsf. Unit 112. The total building is 93,000 gsf with 37,880 gsf of Retail and Office condominiums available. An additional 10,165 gsf is included on the lower level for storage or other uses. 55,120 gsf or approximately 72% is currently owned and occupied or under contract with third party owners and not included in this sale. Each unit includes the existing suite entry door, split system HVAC unit, sprinkler main line, electric panel and BGE meter location. The purchaser controls their own design and construction. Individual first floor retail unit selling for $200 gsf which includes a construction credit to the buyer. 2nd floor sale prices $180 gsf with a $50 gsf construction credit. The entire 3rd floor is sold out. The largest contiguous space on the 2nd floor is 7,522 gsf. 13,918 gsf of contiguous area on the top 4th floor which features loft ceiling and can incorporate an exposed ceiling in the design. 4th floor sale price is $160 gsf with a $50 gsf construction credit to the buyer at settlement.
| Owner occupancy office condominiums for sale |
| Second floor units range in size from 1,077 - 5,253 gsf |
| Multi stall common area restrooms serve floors 2 - 4 |
| Sale price includes a $50 gsf credit back to buyer at settlement |
| 350 parking spaces serve the property |
| Prime location at McDonogh and Painters Mill Roads |
| Total Expenses: | $4 USD |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| 7-Eleven | 2,800 SF | |
| Associated Insurance Management, Inc. | 6,061 SF | |
| Blavatt Law Office | 2,355 SF | |
| Dr Prasad Challagulla | 2,374 SF | |
| Kiddie Academy | 8,538 SF | |
| My NP Health | 1,800 SF | |
| Smile Forever Dentistry | 4,281 SF | |
| State Farm Insurance | 1,432 SF | |
| Westminster American Insurance Company | 12,121 SF |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Baltimore/Washington International Thurgood Marshall | 31 min | - | 18.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 350 |
| Type: | Surface |
| Included in Rent: | Yes |
Christopher Smith
TriAlliance Commercial Real Estate Services
Christopher Smith
TriAlliance Commercial Real Estate Services
