404-406 Eastern Blvd - Office FOR SALE


Essex, MD 21221
$1,350,000 USD
443-864-2466
404-406 Eastern Blvd, Essex, MD for Sale
$1,350,000 USD
Office - FOR SALE
1/12
null | 8% Cap Rate

404-406 Eastern Blvd
Essex, MD 21221


HIGHLIGHTS

  • Medical/Office Space Available in Essex.
  • Ample On-Site Parking Spaces.

OVERVIEW

Fantastic retail building for sale, 95% leased. With 2 long term tenants (insurance agency and pharmacy) and one new daycare tenant this property is a great stabilized asset. The building offers 22 parking spaces that are available, a rarity among Eastern Blvd. As a value add there is a large lower level that is available for storage or similar use to make additional income. Rent roll and expense data available in documents section.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Essex Medical Center

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Service

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

BL,CCC, County

APN/PARCEL ID

15-1516550470

ASK ABOUT THIS PROPERTY

Austin CarrollKeller Williams Realty LegacyMore Info
443-864-2466

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Austin CarrollKeller Williams Realty LegacyMore Info
443-864-2466

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