9315 Ocean Hwy - Medical FOR SALE


Delmar, MD 21875
$1,987,500 USD
410-543-2421
9315 Ocean Hwy, Delmar, MD for Sale
$1,987,500 USD
Medical - FOR SALE
1/1
null | Request Cap Rate

9315 Ocean Hwy
Delmar, MD 21875


OVERVIEW

The Hanna Team of SVN - Miller Commercial Real Estate is happy to present this exclusive listing for a medical office building and surgery center being offered at a great price per square foot relative to "today's costs". This offering is comprised of a Surgery Center & Medical Office (two separate units) with surgical infrastructure previously used as an outpatient endoscopy center (4 surgery rooms & ample patient recovery area). The property includes a ready-to-go 2.5 +/- additional acres next door with the entrance, pylon sign, and common stormwater management in place (not part of the asking price; offered at $500,000). The building has a total square footage of 13,000 comprised of a 7,500 SF surgery center, a 3,500 SF medical office, and a 2,300 SF 2nd floor space, all with their own entrance including a covered drop-off/pickup area. The 3500 SF medical office currently has a new 5-year lease in place. The space(s) could also be converted into traditional professional office space. The building appears to be in excellent condition. The property is being offered as follows: - $2,480,000 for the building and the additional 3.0 +/- acres of ready-to-go land - $1,987,500 for just the building - $500,000 for the 3.0 +/- acres of additional ready to build-upon land

FOR SALE DETAILS

PRICE

$1,987,500 USD

PRICE/SF

$153 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.96 AC

LAND SF

41,818 SF

ZONING

C

APN/PARCEL ID

11-016308

ASK ABOUT THIS PROPERTY

Wesley Cox, CCIMSVN | Miller Commercial Real EstateMore Info
410-543-2421

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Wesley Cox, CCIMSVN | Miller Commercial Real EstateMore Info
410-543-2421

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.