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INVESTMENT HIGHLIGHTS
- Private garage + direct elevator to suite
- Minutes to UM St. Joseph Medical Center
- Moments from Towson & Loyola University
- Towson Downtown District
- On-site restaurant & fitness amenities
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Total Building Size | 41,000 SF | Typical Floor Size | 7,376 SF |
| Property Type | Office (Condo) | Year Built | 1988 |
| Property Subtype | Medical | Lot Size | 1.43 AC |
| Building Class | B | Parking Ratio | 3.7/1,000 SF |
| Floors | 5 | ||
| Zoning | BM - Business Major | ||
| Total Building Size | 41,000 SF |
| Property Type | Office (Condo) |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 5 |
| Typical Floor Size | 7,376 SF |
| Year Built | 1988 |
| Lot Size | 1.43 AC |
| Parking Ratio | 3.7/1,000 SF |
| Zoning | BM - Business Major |
AMENITIES
- 24 Hour Access
- Controlled Access
- Restaurant
- Air Conditioning
1 UNIT AVAILABLE
Unit 201 & 220
| Unit Size | 5,158 SF | Sale Type | Investment or Owner User |
| Price | $1,535,512 CAD | Cap Rate | 6.51% |
| Price Per SF | $297.70 CAD | NOI | $99,954.85 CAD |
| Condo Use | Office/Medical | Sale Conditions | Lease Option |
| Unit Size | 5,158 SF |
| Price | $1,535,512 CAD |
| Price Per SF | $297.70 CAD |
| Condo Use | Office/Medical |
| Sale Type | Investment or Owner User |
| Cap Rate | 6.51% |
| NOI | $99,954.85 CAD |
| Sale Conditions | Lease Option |
MAJOR TENANT INFORMATION Click Here to Access
| TENANT | SF OCCUPIED | LEASE END DATE |
|---|---|---|
| MATClinics |
-
|
Jan 0000
|
Presented by
40 York Rd
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