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Investment Highlights

  • New pylon signage
  • New roof in 2018
  • Expansive newly resurfaced parking

Executive Summary

Ideal spot for medical practice/office or retail with ample parking and great visibility from the heavily-traveled Telegraph Rd (24,000 vehicles per day). Located near many desirable residential neighborhoods, yet easy access to multiple major highways, this property offers an excellent location for use as neighborhood medical practice, professional office, or retail. Current improvements include a new pylon sign, professional landscaping, independent HVAC in each space, and a roof replaced in 2018.

3 Units Available

Unit A

Unit Size 3,506 SF
Condo Use Office/Medical
Sale Type Investment or Owner User
Sale Notes

All units for sale at $240 per sf

Floor Plan
View Photo Floor Plan

Unit C

Unit Size 1,240 SF
Condo Use Office/Medical
Sale Type Investment or Owner User
Description

1,240 square foot office/medical condo.

Sale Notes

All units for sale at $235 per sf with a minimum purchase of 2,000 sf ($470,000) all units available at $2,633,645

Floor Plan
View Photo Floor Plan

Unit Restaurant

Unit Size 3,057 SF
Condo Use Retail
Sale Type Investment
Cap Rate 7.00%
Description

3,057 square foot office/medical condo.

Sale Notes

Over 3,000 square foot 1st floor restaurant space.

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 27,816 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 27,816 SF
Year Built 1988
Lot Size 2.05 AC
Parking Ratio 2.52/1,000 SF
Zoning C-1A, County - neighborhood commercial district that allows for small-scale retail, business, and personal services

Amenities

  • Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
  • Listing ID: 23709847

  • Date on Market: 2021-02-26

  • Last Updated:

  • Address: 8141 Telegraph Rd, Severn, MD 21144

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