40 York Rd - Medical CONDO FOR SALE


Towson, MD 21204- Downtown Towson
$454,000-$565,000 USD
410-382-1869
40 York Rd, Towson, MD for Sale
$454,000-$565,000 USD
Medical CONDO - FOR SALE
1/36
2,983-3,674 SF | Request Cap Rate

40 York Rd
Towson, MD 21204
Downtown Towson


HIGHLIGHTS

  • 1 year lease term shared suites
  • Marquee and Building signage permitted
  • Free garage parking
  • Prominent York Road visibility
  • Season Pizza and liquor store on site
  • 8 coworking suites available for lease

OVERVIEW

Two retail/office condominium units on floors 1 & 2 (legal units 2 & 5) connected by an internal staircase. Units 110 & 210 each have seperate suite entrances. The first floor suite 110 (legal unit 2 with 3,674 rsf) features a direct retail access fronting York Road and a second rear covered entrance to the parking garage. Suite 210 (legal unit 5 with 2,983 rsf) has a private entrance from the second floor main lobby with access to the upper level of free parking and common area restrooms. The combined floors have been newly renovated adding 22 private rooms, new flooring, paint, HVAC and lighting. The multiple offices make this an ideal location for retail, clothing, campus gear, physical therapy, salon studios, adult daycare, Towson University student center, Local hospital clinics, mental health providers, personal service establishments, medical uses, fitness and recreation uses, coworking suites, etc. A panel on the double sided illuminated marquee sign fronting York Road is included along with exterior building signage above the entrance into suite 110. The property is located across the street from Towson University, Starbucks and right next to Season's Pizza and walking distance to the center of Towson courthouses, housing, student housing and many restaurants and shopping. Close Proximity To Towson University [approx. 19,401 students], St. Joseph’s Hospital [over 2,300 employees] and Greater Baltimore Medical Center. Located Directly Along York Road [29,802 ADT] and E Burke Ave [14,485 ADT].

FOR SALE DETAILS

PRICE

$454,000-$565,000 USD

CAP RATE

Request Cap Rate

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space

TOTAL BUILDING SIZE

41,000 SF

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

250

LAND DETAILS

LAND ACRES

1.43 AC

LAND SF

62,291 SF

ZONING

BM

APN/PARCEL ID

09-2400012736,09-2400012738

ASK ABOUT THIS PROPERTY

Christopher SmithTriAlliance Commercial Real Estate ServicesMore Info
410-382-1869

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Christopher SmithTriAlliance Commercial Real Estate ServicesMore Info
410-382-1869

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