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401 E Pulaski Hwy 2,805 SF 100% Leased Office Building Elkton, MD 21921 $549,000 ($195.72/SF)



Investment Highlights
- Route 40 Traffic
- 2 parking lots and 2 entry/exit access
- Zoning Description: Commercial Highway
Executive Summary
Prime commercial opportunity located directly on highly traveled Route 40 in Elkton with exceptional visibility and exposure. Situated on the corner of Normira Avenue and Route 40, this well-known property offers convenient access from both streets and has successfully operated as a dental office for more than 30 years. The main level features a large reception and waiting area with fireplace, reception desk, private office, two patient/treatment rooms, laboratory space, kitchen, one full bathroom, and one-half bath. The second floor offers additional flexible space including a bonus room and half bath, ideal for offices, storage, or expansion opportunities. The basement provides abundant storage space and houses the building utilities. Additional features include approximately 16 parking spaces with both front and rear parking lots, covered patient drop-off area, handicap-accessible front entrance with ramp, detached garage, and mature landscaping. The property's prominent Route 40 location provides outstanding exposure for a variety of professional, medical, retail, office, or service-related businesses. Whether continuing as a medical practice or adapting the building for another commercial use, this property offers tremendous visibility, accessibility, and long-established recognition within the community.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Office
Property Subtype
Building Size
2,805 SF
Building Class
C
Year Built
1947
Price
$549,000
Price Per SF
$195.72
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,650 SF
Building FAR
0.12
Lot Size
0.52 AC
Zoning
C2 Commercial Highway - The intent of this zone is to provide for the local and regional oriented business with a variety of office and commercial usES
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 03-037940 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $474,367 |
Property Taxes
Parcel Number
03-037940
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$474,367
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Contact the Sale Advisor
401 E Pulaski Hwy

