22 Baltimore Rd - Office FOR SALE


Rockville, MD 20850- East Rockville
$2,950,000 USD
202-758-5200
22 Baltimore Rd, Rockville, MD for Sale
$2,950,000 USD
Office - FOR SALE
1/5
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22 Baltimore Rd
Rockville, MD 20850
East Rockville


OVERVIEW

The building at 22 Baltimore Road in Rockville, MD, is a two-story property zoned MXCD (Mixed-Use Corridor District). It is approximately 6,800 sq ft and spans approximately 0.33 acres, featuring 28 parking spaces. The historic building was built in 1895 and renovated in 2008.  The MXCD zoning designation is intended to promote medium-density, pedestrian-friendly development.   This property is strategically located 2 blocks from Rockville Metro and MARC train stations and is walkable to downtown. Offering convenient access for both employees and visitors. It’s zoningMXCD supports a variety of uses, making it a versatile space for various business types.  Residential- Apts, condominiums, and townhousesCommercial- Retail stores, cafes, and service businessesOffice-Professional offices, medical clinics, cs and similar uses Recommended Usage: Owner Occupant/Professional Services Use is ideal for professionals: lease the entire building to a single firm or subdivide for therapists, law firms, accountants, architects, or consultants. You could combine part of the space for your business and lease out the rest. This model works well in Rockville due to the low vacancy in the downtown area. Live Work Conversion: You could also convert the upper floors to residential units (2-3 apartments or short-term rentals), then use or lease the lower floor as commercial space, such as a coffee shop or hair salon. This hybrid model is popular due to the historic charm and proximity to transit hubs like the Rockville Metro, or transform the entire building into apartments or condos. Adaptive Reuse for Short Term Rentals or Events: Convert the space to a creative event space, cozy co-working site, or executive Airbnb. This is an attractive mode as well due to the historic structure and downtown vibe. Potential Layouts: First Floor (Commercial)- 3400 sq.ft22-3 office/retail suites (law, wellness, boutique)Shared entry, lobby, and ADA restroom Flexible tenant mix 1000-1200 sq.ft each Second Floor (Residential) 3400 sq.ft feet2 large 2 bedroom/2 bath apartments or 3 smaller 1-bedroom apartments Dedicated rear stairwell for private residential access

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$435 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1895

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

MXCD

APN/PARCEL ID

04-03355405

ASK ABOUT THIS PROPERTY

Nasir Bajwa, CCIMBajwa Associates LLCMore Info
202-758-5200

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Nasir Bajwa, CCIMBajwa Associates LLCMore Info
202-758-5200

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