415 Pennington Ave - Office FOR SALE


Havre De Grace, MD 21078
$1,600,000 USD
301-751-6600
415 Pennington Ave, Havre De Grace, MD for Sale
$1,600,000 USD
Office - FOR SALE
1/1
null | 8% Cap Rate

415 Pennington Ave
Havre De Grace, MD 21078


HIGHLIGHTS

  • While the first floor offers the stability of a medical anchor (Dental), the building has been engineered to support the most demanding modern uses.
  • The vacant second floor is ideal for a tech or design firm, dedicated 200Amp service and cooling specifically for on-premise cloud or edge compute.
  • The crown jewel for the 'Value-Add' investor is the 3,605 SF Maker Space in the basement.

OVERVIEW

This property is not merely office space—it is a turnkey, high-spec 'Innovation Hub' designed for the future of decentralized manufacturing and cloud computing. While the first floor offers the stability of a medical anchor (Dental), the building has been engineered to support the most demanding modern uses. The vacant 3,610 SF second floor is ideal for a tech-headquarters or design firm, supported by a dedicated 200Amp service and cooling specifically for on-premise cloud or edge computing. The crown jewel for the 'Value-Add' investor is the 3,605 SF Maker Space in the basement. Featuring a fully epoxy floor and backed by 3-Phase electrical service, this space is custom-built for an industrial 3D Print Farm or Additive Manufacturing center. In an era where local prototyping and small-batch production are surging, this infrastructure allows an owner to capture 'Flex-Industrial' rents that far exceed standard basement storage rates. With a remarkably low tax basis of $6,719, this asset is a high-margin powerhouse capable of producing a stabilized 8% Cap Rate for the investor who recognizes the value of turnkey tech-infrastructure. Photos coming soon.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

undefined, R&D, Medical

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,534 SF

ZONING

RB

APN/PARCEL ID

06-027229

ASK ABOUT THIS PROPERTY

Heather Couvillon Lufburrow415 Pennington LLCMore Info
301-751-6600

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Heather Couvillon Lufburrow415 Pennington LLCMore Info
301-751-6600

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