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Investment Highlights

  • Fully improved medical office
  • Corner unit with windows in all rooms and front office
  • Located on the hospital campus with free parking for patients & staff
  • Three rooms with hand sinks
  • One reserved garage parking space for the Dr.
  • Why lease when you can own for less?

Executive Summary

Fully improved medical office condominium. The floor plan features 3 rooms with sinks, nurse station with sink, restroom, storage, front office area and reception. The suite entry door is right off the elevator lobby. The sale price includes one covered reserved parking space and a rental storage unit on the lower level. Plenty of free and unreserved parking for staff and patients. The main lobby has been recently remodeled with new paint and digital directory board. The property is located on the campus of The University of Maryland St Joseph Medical Center.

Property Facts

Total Building Size 46,319 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 5
Typical Floor Size 9,263 SF
Year Built 1986
Lot Size 2.00 AC
Parking Ratio 4.19/1,000 SF
Zoning OR-1, County - Office/Medical/Dental/Mental Health uses permitted

Amenities

  • Bus Line

1 Unit Available

Unit 408

Unit Size 967 SF
Price $174,060
Price Per SF $180.00
Condo Use Medical
Sale Type Investment or Owner User
No. Parking Spaces 1
Description

Fully improved medical office condominium. The floor plan features 3 rooms with sinks, nurse station with sink, restroom, storage, front office area and reception. The suite entry door is right off the elevator lobby. The sale price includes one covered reserved parking space and a rental storage unit on the lower level. Plenty of free and unreserved parking for staff and patients. The main lobby has been recently remodeled with new paint and digital directory board. The property is located on the campus of The University of Maryland St Joseph Medical Center.

Sale Notes

Local lenders are offering competitive owner occupancy financing as well as 100% financing for qualified medical uses. Assume an 80/20 LTV with 20% down payment and financing $139,248 @ 6% interest and a 25 year amortization = $897.18 monthly ($11.13 sf) plus monthly condo fees and annual real estate taxes.

Screenshot 2026-04-03 085623
View Photo Screenshot 2026-04-03 085623
Moderately walkable
70/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
  • Listing ID: 40020110

  • Date on Market: 4/3/2026

  • Last Updated:

  • Address: 120 Sister Pierre Dr, Towson, MD 21204

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