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3rd Floor - Unit 312
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Medical
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1,793 SF
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$358,600 USD
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Unit Size: 1,793 SF
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Condo Use: Medical
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Price: $358,600 USD
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Sale Type: Investment or Owner User
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Price/SF: $200.00 USD
Description
Fully improved primary care medical office available for sale or lease. The furniture and equipment can be included in the sale or lease. The floor plan features several exam rooms, Dr office, 2 restrooms, lab, nurse station, front office and waiting room.
Sale Notes
Local lenders offering competitive owner occupancy 100% financing. Assume 80/20 LTV with 20% down and a loan for $286,880 @ 6.5% interest and a 25 year amortization = $1,937 monthly ($12.96 sf) plus $560.13 monthly condo fee. The current annual real estate taxes are $5,125.
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1st Floor - Unit 108
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Office
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1,655 SF
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$347,550 USD
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Unit Size: 1,655 SF
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Condo Use: Office
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Price: $347,550 USD
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Sale Type: Owner User
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Price/SF: $210.00 USD
Description
Fully improved first floor general business office condominium. The unit has a seperate split system HVAC units.
Sale Notes
Assume 85/15 owner occupancy financing with local lenders. 15% down and a loan for $295,417.50 @ 6.5% interest and a 25 year amortization = $1,995 monthly ($14.46 rsf) + $469 monthly condo fee. Real estate taxes are paid to Baltimore County as one payment in full or semi-annual payments. Annual real estate taxes are currently $4,291.
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3rd Floor - Unit 314
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Medical Office
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1,818 SF
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$381,780 USD
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Unit Size: 1,818 SF
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Condo Use: Medical Office
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Price: $381,780 USD
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Sale Type: Owner User
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Price/SF: $210.00 USD
Description
Fully improved third floor corner office condominium available for sale. The current use of the space is a medical laboratory space with plumbing and cabinetry in several rooms. The zoning permits both medical and general business office uses. Can be combined with the adjacent 1,793 rsf medical office for a total of 3,611 rsf contiguous area.
This top-floor corner unit was previously used as a sterile laboratory space, with newly-installed flooring, built-in shelving, and electrical upgrades to support the operation of multiple units of power-intensive laboratory equipment. Duct lines, plumbing lines, and wiring are installed behind dropped ceilings to ensure the sterile nature of the environment and remove the risk of spark or dust interactions. Unit features insulated walls and windows for life science usage. Decentralized HVAC system with in-office controls permit personalization of temperature for the unit.
Sale Notes
Local lender offering competitive owner occupancy financing terms including an 85/15 LTV. Financing @ 80/20 LTV with $76,356 down payment and a loan for $305,424 @ 6% interest and a 25 year amortization = $1968 monthly ($12.99 rsf) plus monthly condo fees and annual real estate taxes. Why lease when you can own for less?
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Christopher Smith
TriAlliance Commercial Real Estate Services