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8890 McDonogh Rd
Owings Mills, MD 21117 Owings Mills

$260,960 - $276,300 USD

Medical Condos For Sale  •  1,535+ SF

Property Details

  • Property Type Medical
  • Total Building Size 93,000 SF
  • Lot Size 7.5 AC
  • Building Class B
  • Year Built 2010
  • Tenancy Multiple
  • Zoning OT
20 Transit Score
50 Walk Score

2 Units Available

Name Condo Use Size Price Details
2nd Floor - Unit 210 Medical Office 1,535 SF $276,300 USD
  • Unit Size: 1,535 SF
  • Condo Use: Medical Office
  • Price: $276,300 USD
  • Sale Type: Owner User
  • Price/SF: $180.00 USD
Description
Final unit for sale on the 2nd floor. The Sale price includes a construction credit of $76,750 at closing. The unit is sold in the AS-IS condition. Both demising walls are in place. Buyer controls the design and construction of the unit.
4th Floor - Unit 410 Office/Retail 1,631 SF $260,960 USD
  • Unit Size: 1,631 SF
  • Condo Use: Office/Retail
  • Price: $260,960 USD
  • Sale Type: Owner User
  • Price/SF: $160.00 USD
Description
Corner unit 410 is fully demised on two sides. Common area restrooms serve each office floor. Two elevators serve the building. The unit is delivered in the shell condition and includes the base building work letter with the HVAC, electric panel, sprinkler main line and suite entry door and glass sidelight.

Sale Notes
Buyer controls the design and construction of the unit.

Description 

Modern Retail/Office/Medical Condominium Building. Owner occupancy financing from 85% up to 100% financing available for qualified uses.  

Each unit includes the existing suite entry door, split system HVAC unit, sprinkler main line, electric panel and BGE meter location. The purchaser controls their own design and construction. 2nd floor sale prices $180 gsf with a $50 gsf construction credit. The entire 3rd floor is sold out.

Highlights

Owner occupancy office condominiums for sale
Multi stall common area restrooms serve floors 2 - 4
2nd floor Sale price includes a $50 gsf credit back to buyer at settlement
350 parking spaces serve the property
Prime location at McDonogh and Painters Mill Roads
Final office unit available on the 2nd floor

Financial Summary

Total Expenses: $5 USD

Major Tenants

Tenant SF Occupied Lease End Date
7-Eleven 2,800 SF
Associated Insurance Management, Inc. 6,061 SF
Blavatt Law Office 2,355 SF
Dr Prasad Challagulla 2,374 SF
Kiddie Academy 8,538 SF
My NP Health 1,800 SF
Smile Forever Dentistry 4,281 SF
State Farm Insurance 1,432 SF
Westminster American Insurance Company 12,121 SF

Amenities

  • 24 Hour Access
  • Convenience Store
  • Metro/Subway
  • Property Manager on Site
  • Security System
  • High Ceilings
  • On-Site Security Staff

Public Transportation

AirportDriveWalkDistance
Baltimore/Washington International Thurgood Marshall 32 min - 18.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 350
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