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120 Sister Pierre Dr - The Professional Centre 2,176 SF Medical Condo Unit Offered at $500,000 in Towson, MD 21204

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INVESTMENT HIGHLIGHTS

Newly renovated medical office
Free parking on the hospital campus
Professional property management

Three deeded reserved parking spaces included
For sale or lease
Storage rooms provided in basement

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 (Condo)	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 (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

Bus Line

1 UNIT AVAILABLE

Unit 504/505

Unit Size	2,176 SF	Condo Use	Medical
Price	$500,000	Sale Type	Owner User
Price Per SF	$229.78	No. Parking Spaces	3

Unit Size	2,176 SF
Price	$500,000
Price Per SF	$229.78
Condo Use	Medical
Sale Type	Owner User
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.