40 York Rd - Medical CONDO FOR SALE


Towson, MD 21204- Downtown Towson
$1,100,000 USD
571-422-0575
40 York Rd, Towson, MD for Sale
$1,100,000 USD
Medical CONDO - FOR SALE
1/10
null | 6.51% Cap Rate

NEW


40 York Rd
Towson, MD 21204
Downtown Towson


HIGHLIGHTS

  • Private garage + direct elevator to suite
  • Towson Downtown District
  • Minutes to UM St. Joseph Medical Center
  • On-site restaurant & fitness amenities
  • Moments from Towson & Loyola University

OVERVIEW

Own a polished, amenity-rich footprint in the heart of Towson’s business district. Suites 201 & 220 at 40 York Rd offer a rare blend of owner-user optionality and stabilized (or easily stabilizable) income—perfect for medical & dental, life sciences/R&D, or high-end professional services. Three ways to play this opportunity Owner-User + Income (Suite 220): Acquire Suite 220, currently leased month-to-month to Somru BioScience at $71,357/year. Extend the tenant, re-tenant at market, or transition into the space as an owner-user when timing is right. TI (build-out funds) available for purchaser to tailor the plan—treatment rooms, wet/dry lab, executive offices, collaboration areas, you name it. Pure Landlord Play (Suite 101—Optional Add-On): Prefer turnkey cash flow? Purchase Suite 101, leased to MAT Clinics at ~$40,000/year, and step into immediate income with a respected medical tenant. Hold as a steady performer in a supply-constrained submarket. Portfolio Approach (Buy Both!): Combine the offerings for a balanced strategy—stable income today with Suite 101 and flexible upside with Suite 220. Lease-to-Own structure is possible for qualified buyers. Why 40 York Rd stands out Blue-chip location along a high-traffic corridor with prominent York Road visibility—minutes to Downtown Towson. Walkable ecosystem: Steps to Towson University; near Loyola University Maryland, GBMC, and UM St. Joseph Medical Center—a powerful network for referrals, talent, and research partnerships. Lifestyle & access: Surrounded by restaurants, entertainment, and retail; quick links to I-695 and I-83 for seamless regional reach. On-site advantages: Private garage parking with direct elevator access to the suites; on-site restaurant and fitness amenities support staff well-being and client convenience. Capital plan flexibility: TI available for purchaser to modernize or customize; repositioning pathways for medical, R&D/life sciences, or premium professional services. Exit and hold optionality: Extend existing tenancy, re-tenant at market, or occupy—this asset works across market cycles. Ideal Uses Medical & Dental: Exam/treatment rooms, imaging-ready zones, efficient patient flow. R&D / Life Sciences: Wet/dry lab potential, sample prep, collaboration benches. Professional Services: Executive offices, glass conference rooms, client lounge. Own in Towson’s most dynamic corridor and align your real estate with your growth plan. For financials, touring, and Lease-to-Own details, contact The Ellitan Group.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$213 USD /SF

CAP RATE

6.51%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

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

ASK ABOUT THIS PROPERTY

Jesse ElliottSamson PropertiesMore Info
571-422-0575

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Jesse ElliottSamson PropertiesMore Info
571-422-0575

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