1771 W Pulaski Hwy - Veterinarian/Kennel FOR SALE


Elkton, MD 21921
$744,450 USD
561-990-9020
1771 W Pulaski Hwy, Elkton, MD for Sale
$744,450 USD
Veterinarian/Kennel - FOR SALE
1/32
null | 8% Cap Rate

1771 W Pulaski Hwy
Elkton, MD 21921


HIGHLIGHTS

  • Turnkey Ready Veterinary Hospital for a Startup Practice or Established practice that is looking to add an additional location.

OVERVIEW

For Sale Veterinary Location 1771 W Pulaski Highway, Elkton MD 21921 $744,450 Real Estate Only 8.0% Cap Rate Why pay top dollar to buy a Veterinary Practice when you can get one with built in clients and support staff for basically FREE plus a ready to go Veterinary Hospital by buying the real estate property at this location and building your own nest egg of equity? This Veterinary Hospital location has been serving the community for almost 40 years and has a local built-in client base ready for a new Veterinarian Company to inherit. The current National Tenant is vacating end of January 2026 but would be willing to vacate early. • Turnkey Ready Veterinary Hospital for a Startup Practice or Established practice that is looking to add an additional location. • 4 Exam rooms (every room has a sink) • 2 Lift Tables & 2 Stationary Table • Surgical Suite • X-Ray Suite • Dental Area • Lab Area • Technician Area • Renovated Large Reception area • Private offices for Veterinarians, Office Manager and Staff • 2 Restrooms • 1st floor is approx. 1100 sq ft where all Veterinarian activity occurs • Basement level is currently used for staff lounge but is partially finished but has huge potential for additional services such as boarding and grooming with nice size backyard. • Boarding and Grooming are excellent sales leaders to grow your existing client base for a range of all your other services plus selling pet products. • Great visibility on busy W. Pulaski Hwy (Approx. 28,000 Vehicles per day) • No other Competition-Veterinarian Hospital within a 25 minute drive. • This Established Veterinary Hospital has been there for over 15 years with and has a local built in client base ready for a new veterinarian company to inherit. • Veterinary Hospital location has been serving the community for almost 40 years • A large established senior/retirement community with many owners who have pets is adjacent to this location further cementing an existing client base. • Free Ample Parking • Break Room • Washer/Dryer Area • Solar Energy Panels to reduce electric bills and you get SREC Trade Solar Credit Income • Equipment being left by current Tenant TBD • Potential to grow your practice faster by obtaining the Veterinary Services of existing Veterinarians who serviced the facility once the Tenant vacates • Potential to Lease for $4,990 with Option to Purchase Property Summary • Building 2,190 Square feet (w/full partially unfinished basement) • Zoned for BG-Business General but also for Veterinary Use (very hard to achieve in this area) • Built-1985, Renovations (Over $250,000 in renovations and upgrades since 2012) • Land - .41 Acres, Lot 1 • Zoned - BG, Business General • Location - Map 025l, Grid 0016, Parcel 0780 • Deed Reference - 03217 / 00299 • Property ID# 05-107407 • Current Owner – Lexington Office LLC • Public Water, Public Sewer, front parking easement, front entrance easement, sewer line easement • Tenant - CareVet, LLC • Lease Term – NNN Lease Ends on 1/29/2026 but would be willing to vacate earlier • Monthly - $4,871 • Yearly - $58,452 • NOI $59,556 (CareVet Lease $58,452 plus $1,104/y SREC Trade Solar Credit Income) • Tenant Responsibility - All Expenses (Insurance, Taxes, HVAC up to $10K yearly, Maintenance, etc.) • Landlord Responsibility - Roof, Structural Integrity, and Outside walls of building

FOR SALE DETAILS

PRICE

$744,450 USD

PRICE/SF

$340 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North East Animal Hospital

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Veterinarian/Kennel

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,860 SF

ZONING

BG

APN/PARCEL ID

05-107407

ASK ABOUT THIS PROPERTY

Robert EpsteinParadise Realty, Inc.More Info
561-990-9020

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Robert EpsteinParadise Realty, Inc.More Info
561-990-9020

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.