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9106 Philadelphia Rd - Bldg 4 1,428 - 2,152 SF Medical Condo Units Offered at $307,020 - $355,080 Per Unit in Rosedale, MD 21237
INVESTMENT HIGHLIGHTS
- Multi specialty medical office building
- Buyer controls the design and construction
- Located next to Medstar Franklin Square Medical Center
- Free surface parking
EXECUTIVE SUMMARY
High image building located at the park's entrance fronting Philadelphia Road on a beautifully landscaped seven acre office park. Conveniently located just to the north of the Rossville Boulevard and Philadelphia Road intersection in the growth areas of eastern Baltimore County. Easily accessible to Franklin Square Hospital and Essex Community College, minutes from the White Marsh Town Center and Business Community. Excellent access to I-695 and I-95.
PROPERTY FACTS
| Price | $307,020 - $355,080 | Building Class | A |
| Unit Size | 1,428 - 2,152 SF | Floors | 3 |
| No. Units | 2 | Typical Floor Size | 13,659 SF |
| Total Building Size | 40,977 SF | Year Built | 2004 |
| Property Type | Office | Lot Size | 1.90 AC |
| Property Subtype | Medical | Parking Ratio | 4.5/1,000 SF |
| Price | $307,020 - $355,080 |
| Unit Size | 1,428 - 2,152 SF |
| No. Units | 2 |
| Total Building Size | 40,977 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | A |
| Floors | 3 |
| Typical Floor Size | 13,659 SF |
| Year Built | 2004 |
| Lot Size | 1.90 AC |
| Parking Ratio | 4.5/1,000 SF |
2 UNITS AVAILABLE
Unit 106
| Unit Size | 1,428 SF | Condo Use | Medical |
| Price | $307,020 | Sale Type | Owner User |
| Price Per SF | $215.00 |
| Unit Size | 1,428 SF |
| Price | $307,020 |
| Price Per SF | $215.00 |
| Condo Use | Medical |
| Sale Type | Owner User |
DESCRIPTION
1,428 rsf fully improved medical suite for sale OR lease.
Finished space with exam rooms with hand sinks and cabinetry and kitchen, 2 ADA restrooms, waiting room, front office and storage.
Located within a 7-acre medical office park at the entrance to Franklin Square
Hospital in Rosedale, Maryland
SALE NOTES
Local lenders offering 80/20 owner occupancy LTV with 20% down and financing $245,616 @ 6.5% and 25 year amortization = $1,658 monthly ($13.93 rsf) plus $390 monthly condo fee and $2,820 annual real estate taxes.
Unit 206
| Unit Size | 2,152 SF | Condo Use | Medical |
| Price | $355,080 | Sale Type | Owner User |
| Price Per SF | $165.00 |
| Unit Size | 2,152 SF |
| Price | $355,080 |
| Price Per SF | $165.00 |
| Condo Use | Medical |
| Sale Type | Owner User |
DESCRIPTION
Modern medical office condominium delivered in the original shell condition. Buyer controls the design and construction of the unit. The end unit has three sides of windows and two entrances into the unit.
SALE NOTES
Local lenders offering 100% financing for qualified medical uses. Assume 85/15 LTV with 15% down payment and financing $301,818 @ 6.25% interest and a 25 year amortization = $1,991 monthly ($11.10 rsf) + condo fees and real estate taxes. Annual real estate taxes currently $4,304.($2.00 rsf). Monthly condo fee is $514 ($2.86 rsf).
Floor Plan
Floor Plan
Interior Photo
ZONING
| Zoning Code | OR-1, County |
| OR-1, County |
Presented by
9106 Philadelphia Rd - Bldg 4
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