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1st Floor - Unit 113
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Medical
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895 SF
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$150,000 USD
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Unit Size: 895 SF
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Condo Use: Medical
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Price: $150,000 USD
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Sale Type: Owner User
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Price/SF: $167.60 USD
Description
Rare first floor fully improved medical office condominium available for immediate occupancy. Floor plan features three exam rooms, Dr Office, nurse station, restroom, reception area and waiting room. Common area restrooms also serve each floor. Plenty of free and unreserved parking. Walk across the street to the U of MD St Joseph Medical Center.
Sale Notes
Assume 80/20 LTV for owner occupancy financing with 20% down and financing $120,000 @ 6% with a 25 year amortization = $774 monthly ($10.37 sf) plus $1,318 monthly condo fees. The BGE for the unit and the HVAC service are included in the condo fee. Current Baltimore County Real Estate Taxes are $2,312. Local lenders offer 100% financing for qualified medical uses.
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2nd Floor - Unit 205/207
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Medical
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1,960 SF
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$254,800 USD
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Unit Size: 1,960 SF
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Condo Use: Medical
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Price: $254,800 USD
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Sale Type: Owner User
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Price/SF: $130.00 USD
Description
Two contiguous medical office condominiums combined as one unit. Unit 205 - 1156 and unit 207 - 804 for a total of 1960 sf. There are two hallway entrances. Typical medical office layout with reception area, front office, exam rooms and offices.
Sale Notes
Assume 80/20 owner occupancy financing from local banks with 20% down and finance $203,840 @ 6.5% interest and a 25 year amortization = $1,376.34 ($8.42 sf)fixed monthly payment. Monthly condo fees are $2,753 which includes the BGE and water for both units and the HVAC service to the units. Current real estate taxes are $5,164 paid in two semi-annual payments.
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Christopher Smith
TriAlliance Commercial Real Estate Services
