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Investment Highlights

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

Executive Summary

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.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 210
  • 1,535 SF
  • Office/Medical
  • $276,300 ($180.00/SF)
  • -
Sale Type Owner User
No. Parking Spaces 50
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.
  • Unit 410
  • 1,631 SF
  • Office/Retail
  • $260,960 ($160.00/SF)
  • -
Sale Type Owner User
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.
Unit Unit Size Condo Use Price NOI
Unit 210 1,535 SF Office/Medical $276,300 ($180.00/SF) -
Unit 410 1,631 SF Office/Retail $260,960 ($160.00/SF) -

Unit 210

Unit Size
1,535 SF
Condo Use
Office/Medical
Price
$276,300 ($180.00/SF)
NOI
-

Unit 410

Unit Size
1,631 SF
Condo Use
Office/Retail
Price
$260,960 ($160.00/SF)
NOI
-

Unit 210

Unit Size 1,535 SF
Condo Use Office/Medical
Price $276,300 ($180.00/SF)
NOI -
Sale Type Owner User
No. Parking Spaces 50
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.</li></ul>

Unit 410

Unit Size 1,631 SF
Condo Use Office/Retail
Price $260,960 ($160.00/SF)
NOI -
Sale Type Owner User
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.</li></ul>
Sale Notes
Buyer controls the design and construction of the unit.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 93,000 SF
Property Type Office
Property Subtype
Medical
  • General Retail Bank
  • OfficeLoft Creative Space
Building Class B
Floors 4
Typical Floor Size 20,270 SF
Year Built 2010
Lot Size 7.50 AC
Parking Ratio 3.76/1,000 SF
Zoning OT - Office and Technology permits employment intensive office development in combination with certain high technology & residential development

Amenities

  • 24 Hour Access
  • Convenience Store
  • Metro/Subway
  • Property Manager on Site
  • Security System
  • High Ceilings
  • On-Site Security Staff
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100

Major Tenant Information

TENANT SF Occupied LEASE END DATE
Smile Forever Dentistry 4,281 SF -
7-Eleven 2,800 SF -
Associated Insurance Management, Inc. 6,061 SF -
Westminster American Insurance Company 12,121 SF -
Blavatt Law Office 2,355 SF -
My NP Health 1,800 SF -
Dr Prasad Challagulla 2,374 SF -
Kiddie Academy 8,538 SF -
State Farm Insurance 1,432 SF -
  • Listing ID: 19844413

  • Date on Market: 6/9/2025

  • Last Updated:

  • Address: 8890 McDonogh Rd, Owings Mills, MD 21117

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