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120 Sister Pierre Dr
Towson, MD 21204
The Professional Centre · Office Property For Sale
·
46,319 SF
Investment Highlights
- Newly renovated medical office
- For sale or lease
- Storage room included in basement
- Free parking on the hospital campus
- Professional property management
Executive Summary
Medical office condominium regime on the campus of St Joseph Medical Center in Towson, MD. The building includes a strong referral base and multi specialty medical practices. The building features free surface parking for patients and visitors on the hospital campus. Owners and tenants have 24 hour access.
Property Facts
| Total Building Size | 46,319 SF | Typical Floor Size | 9,263 SF |
| Property Type | Office | Year Built | 1986 |
| Property Subtype | Medical | Lot Size | 2.00 AC |
| Building Class | B | Parking Ratio | 4.19/1,000 SF |
| Floors | 5 | ||
| Zoning | OR-1, County - Office/Medical/Dental/Mental Health uses permitted | ||
| Total Building Size | 46,319 SF |
| Property Type | Office |
| 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
2 Units Available
Unit 504/505
| Unit Size | 2,176 SF | Sale Status | Under Contract |
| Condo Use | Medical | No. Parking Spaces | 3 |
| Sale Type | Owner User |
| Unit Size | 2,176 SF |
| Condo Use | Medical |
| Sale Type | Owner User |
| Sale Status | Under Contract |
| No. Parking Spaces | 3 |
Description
Two newly renovated medical office units for sale or lease. The office features large waiting room, exam rooms, Dr offices, restrooms and storage. The suite offers two entrances. # deeded reserved parking spaces convey with the real estate.
Sale Notes
Assume 80/20 owner occupancy financing with local lenders. $100,000 down and financing $400,000 @ 6.5% interest and 25 year amortization = $2700 monthly ($14.89 sf) plus condo fees and real estate taxes.
Unit 506
| Unit Size | 878 SF | Sale Type | Owner User |
| Condo Use | Office/Medical |
| Unit Size | 878 SF |
| Condo Use | Office/Medical |
| Sale Type | Owner User |
Description
Fully improved medical office condominium available for sale lease. The floor plan features a waiting area, front reception office, restroom and three offices. All clinical and mental health uses permitted. Condo fees are $670 monthly. Annual real estate taxes are $2,142.
