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97 Thomas Johnson Dr 2,100 SF Medical Condo Unit Offered at $525,000 in Frederick, MD 21702

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Investment Highlights

Easy access at grade on the 2nd level
Newly renovated medical offices
Corner unit with two sides of windows

Exterior building signage available
Located 2 miles from the Frederick Hospital
free surface parking

Executive Summary

Newly renovated corner medical office. The unit is accessible at grade on the 2nd level. The unit features 2 seperate entrances, 5 exam rooms and two offices with two restrooms, kitchenette and storage. Exterior building signage is permitted above the suite. Free surface parking serves the unit. The property is located 2 miles to the Frederick Health Hospital.

Property Facts

Total Building Size	48,000 SF	Typical Floor Size	2,614 SF
Property Type	Office (Condo) Office Medical	Year Built	2002
Building Class	B	Lot Size	0.06 AC
Floors	2	Parking Ratio	3.33/1,000 SF
Zoning	PB - Frederick City Zoning - Professional Building (PB) permitting office, medical and research & development with retail ands service uses as secondary.

Total Building Size	48,000 SF
Property Type	Office (Condo) Office Medical
Building Class	B
Floors	2
Typical Floor Size	2,614 SF
Year Built	2002
Lot Size	0.06 AC
Parking Ratio	3.33/1,000 SF
Zoning	PB - Frederick City Zoning - Professional Building (PB) permitting office, medical and research & development with retail ands service uses as secondary.

1 Unit Available

Unit 202-A

Unit Size	2,100 SF	Condo Use	Medical
Price	$525,000	Sale Type	Owner User
Price Per SF	$250.00

Unit Size	2,100 SF
Price	$525,000
Price Per SF	$250.00
Condo Use	Medical
Sale Type	Owner User

Description

Newly renovated corner medical office. The unit is accessible at grade on the 2nd level. The unit features 2 seperate entrances, 5 exam rooms and 2 offices with two restrooms, kitchenette, reception area and lobby and storage. Exterior building signage is permitted above the suite. Free surface parking serves the unit. The property is located 2 miles to the Frederick Health Hospital.

Sale Notes

Local lender offering up yo 1005 financing for qualified medical uses. Assume 80/20 LTV with 20% down and financing $420,000 @ 6% interest and a 25 year amortization = $2,706 monthly ($15.46 sf) plus quarterly condo fees of $1,472.90 ($2.81 sf) and annual real estate taxes