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40 York Rd 5,158 SF Office/Medical Condo Unit Offered at $1,535,512 CAD in Towson, MD 21204

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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
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
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
Walk Score®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

MAJOR TENANT INFORMATION Click Here to Access

TENANT SF OCCUPIED LEASE END DATE
MATClinics - Jan 0000
  • Listing ID: 37495378

  • Date on Market: 2025-08-31

  • Last Updated:

  • Address: 40 York Rd, Towson, MD 21204

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