List Search

7600 Osler Dr
Towson, MD 21204 Towson Circle

$254,800 USD

Medical Condo For Sale  •  1,960 SF

Property Details

  • Property Type Medical
  • Total Building Size 68,182 SF
  • Lot Size 2.98 AC
  • Building Class B
  • Year Built 1975
  • Tenancy Multiple
  • Zoning I, County
52 Transit Score
46 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 205/207 Medical 1,960 SF $254,800 USD
  • Unit Size: 1,960 SF
  • Condo Use: Medical
  • Price: $254,800 USD
  • Sale Type: Owner User
  • 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.

Highlights

Free surface parking
Multi-specialty referral base in the building
Located across the street from the U of MD St Joseph Medical Center
The utilities and HVAC service are included in the condo fee
Recent lobby and exterior building upgrades
Mental health and PRP uses permitted

Financial Summary

Total Expenses: $19 USD

Major Tenants

Tenant SF Occupied Lease End Date
Baltimore Medical and Surgical Associates PA
Elite Dental of Towson
Garo Kebejian, MD
James M. Kang, DDS
Maryland Kidney Group
Mercy Medical Center
New Destiny Health Career Center
Next Step Pediatrics
Osler Dental Professionals
Superb Wellness Center

Amenities

  • Signage
  • Natural Light

Public Transportation

Commuter RailDriveWalkDistance
Penn Station (PENN - WASHINGTON - Maryland Area Regional Commuter Trains (The MARC), Penn Line - Maryland Area Regional Commuter Trains (The MARC), Penn Station & Camden Yards - Maryland Area Regional Commuter Trains (The MARC)) 17 min - 6.5 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 38 min - 18.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 300
Type: Surface
Included in Rent: Yes
Christopher Smith 410-382-1869 TriAlliance Commercial Real Estate Services
Christopher Smith 410-382-1869 TriAlliance Commercial Real Estate Services