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120 Speer Rd 9,604 SF 43% Leased Office Building Chestertown, MD 21620 $1,250,000 ($130.15/SF)
INVESTMENT HIGHLIGHTS
- 2 units of income producing rent
- A tenant base of established medical groups
- 1 unit available for owner-user
EXECUTIVE SUMMARY
Unique medical office park in Chestertown, Maryland, featuring two single-story buildings totaling 9,604 ± SF. This three-unit property includes two occupied spaces and one available 2,533 ± SF former dentistry space, ideal for owner-users looking to launch, grow, or relocate their practice. The tenant base consists of established medical groups, and the space offers a well-designed layout with waiting areas, offices, exam rooms, labs, nurse stations, and more in a prime location.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
9,604 SF
Building Class
C
Year Built
1998
Price
$1,250,000
Price Per SF
$130.15
Percent Leased
43%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
9,604 SF
Building FAR
0.18
Lot Size
1.21 AC
Opportunity Zone
Yes
Zoning
LI1 - intended to provide for certain types of business and industry, characterized by light manufacturing
Parking
30 Spaces (3.12 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Natural Light
1 1
PROPERTY TAXES
| Parcel Number | 04-023102 | Improvements Assessment | $0 |
| Land Assessment | $1,096,800 | Total Assessment | $1,096,800 |
PROPERTY TAXES
Parcel Number
04-023102
Land Assessment
$1,096,800
Improvements Assessment
$0
Total Assessment
$1,096,800
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120 Speer Rd
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