Modern, multi-tenant, medical office building located within the northern town
limits of Boonsboro. It is further located along the south side of Lappans Road (MD. Rentie 68)
just west of it's signalized intersection with Old National Pike (U.S. Alternate Route 40). The
subject contains 5 total acres which was recently subdivided into two lots of record. The
subdivision was approved on 08/23/2022. Lot I is near rectangular in shape and contains 1.44 acres.
It is fully developed for the leased medical office building and associated site improvements (i.e.
paved driveway and parking lot areas, landscaping, sidewalks, etc.). The remaining lands or Lot 2
contains 3.56 acres, is L-shaped, and mostly wooded with some cleared sections within the southeast
portion of the property. Lot 2 can be purchased as part of this transaction. In the same general vicinity, the owner recently built a storage building
(32' x 40'). In consideration to the medical office building,
it is demised into four medical office related suites and all are currently leased.
The owner reported he made about $260,000 in renovations since he
purchased the property.