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8601 Lasalle Rd
Towson, MD 21286 Towson Circle

$279,197 USD

Medical Condo For Sale  •  1,403 SF

Property Details

  • Property Type Medical
  • Total Building Size 37,212 SF
  • Lot Size 2.8 AC
  • Building Class B
  • Year Built 2005
  • Tenancy Multiple
  • Zoning SE, County
50 Transit Score
79 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 203 Office 1,403 SF $279,197 USD
  • Unit Size: 1,403 SF
  • Condo Use: Office
  • Price: $279,197 USD
  • Sale Type: Owner User
  • Price/SF: $199.00 USD
Description
Fully improved general business office condominium. Zoning permits medical uses as well. The unit features a reception area, conference room, hard wall work stations, kitchen and storage. The building offers free and unreserved parking and common  area restrooms on each floor. One elevator serves the building.

Sale Notes
Local lenders are offering competitive owner occupancy financing. Assume 80/20 LTV with $55,839 down and financing $223,358 @ 6.5% and a 25 year amortization = $1508 monthly mortgage payment ($12.90 rsf) + $660 monthly condo fees and $3,984 annual real estate taxes. The unit is seperately metered and the owner pays the monthly usage.

Description

Two story office condominium regime in Towson. The building features free surface parking, 24 hour access, beautiful main lobby, one elevator serving both floors and common area restrooms on each level. Zoning permits general business and medical uses.

Highlights

Why Lease when you can own?
Fully improved office condominium
Plenty of free service parking
On-site property management
Local lenders offering competitive financing
Zoning permits medical uses

Financial Summary

Total Expenses: $8 USD

Major Tenants

Tenant SF Occupied Lease End Date
Caliday School Age Programs
Capital Women’s Care
Constellation Financial Advisors
Dr. Pattanashetti, DMD
Greater Baltimore Retina
Maryland Lee Chesapeake Property Management
Prometric
Select Eyecare
Worldwide Promotions
Zebraces Orthodontics

Amenities

  • Controlled Access
  • Property Manager on Site
  • Natural Light
  • Plug & Play

Public Transportation

Commuter RailDriveWalkDistance
Penn Station (Penn Line - Maryland Area Regional Commuter Trains (The MARC)) 19 min - 7.4 mi
Camden Station (Camden Line - Maryland Area Regional Commuter Trains (The MARC)) 25 min - 9.3 mi
AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 40 min - 18.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 168
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