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8298 Main St 1,658 SF 100% Leased Office Building Ellicott City, MD 21043 $618,345 CAD ($372.95 CAD/SF)
Investment Highlights
- Exceptional visibility from historic OEC Main Street
- Immediate income potential
- Office + residential possibility
Executive Summary
Located on Main Street in Old Ellicott City, this office/mixed-use commercial property offers exceptional visibility and consistent exposure to both vehicular and pedestrian traffic in one of Howard County’s most recognizable destinations. Zoned HC - Historic Commercial, the property has a wide range of permissible uses. The first-floor office space features a lobby/reception area, two private offices or work areas, and an additional storage room that could serve as a kitchen, break room, or an additional office. A half bathroom is also included on the main level, making the space well-suited for professional, retail, or service-based businesses. The upper level includes a two-story residential unit currently leased to a tenant who would prefer to remain, providing immediate rental income. This residence offers three bedrooms, a full bathroom, a kitchen, and a living room, creating a comfortable and functional living space. This space could easily be converted into additional office space, if desired. Additional value is found in the cellar/basement level, which is presently leased to a neighboring restaurant for supplemental storage. With multiple income streams, flexible zoning, and a prime Main Street location, this property presents a unique investment opportunity in one of Howard County’s most iconic and heavily visited historic districts. Key capital components including windows, roof, HVAC, and water heater are in good working order. Please reach out for additional details on this opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
1,658 SF
Building Class
C
Year Built
1920
Price
$618,345 CAD
Price Per SF
$372.95 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
553 SF
Slab To Slab
10’
Building FAR
0.76
Lot Size
0.05 AC
Zoning
HC - Historic: Commercial District. This type of zoning is intended for areas with historical significance that are also used for commercial purposes.
Parking
5 Spaces (3.02 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- The Law Office Of Dennis A Hodge Pa
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| The Law Office Of Dennis A Hodge Pa | Professional, Scientific, and Technical Services | - | - | - |
1 1
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 02-241455 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $433,929 CAD |
Property Taxes
Parcel Number
02-241455
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$433,929 CAD
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Presented by
RE/MAX Advantage Realty
8298 Main St
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