The Offering

Summary

  • List Price $395,000
  • Unit Size 3,312 SF
  • Product Type Medical Office Condominium
  • Year Built 1981
  • Occupancy 0%
  • Zoning CGO

Investment Summary

Feldman Ruel is pleased to offer for sale 5632 Annapolis Road, Units 1 & 2, an expansive 3,312-square-foot, street-level medical office condominium, formerly used as an orthopedic clinic. The subject property is a two-minute drive from the Baltimore-Washington Parkway and a five-minute drive from U.S. Route 50, U.S. Route 1 Alternate, and Washington, D.C. This offering features five exam rooms including an x-ray room, a four-bed ward, a reception desk, waiting area, and four restrooms, providing an ideal setup for a variety of medical office users. 5632 Annapolis Road, Units 1 & 2 are positioned to serve a dense local population of more than 23,000 residents within one mile and more than 75,000 residents within two miles. The subject property also stands to benefit from the 1,300 new housing units planned at the 44-acre, mixed-use Cheverly Hospital Redevelopment, which is a three-minute drive away.

Investment Highlights

• Delivered Vacant | Ideal for an Owner-User | Currently an Orthopedic Clinic

• Includes Reception Area, Large Treatment Room, 5 Exam Rooms, 4 Restrooms, Etc.

• Low Price Per SF Compared to Nearby Office Condominium Sales
• Street-Level Office Space Along a Primary Corridor Near the B-W Parkway

• Less than a 5-Minute Drive to U.S. Route 50, Washington D.C., & the 44-Acre Cheverly Hospital Redevelopment

Listing Agents

Brandon Cardwell

Brandon Cardwell

Investment Associate
Feldman Ruel
LaMarr Datcher

LaMarr Datcher

Associate Director
Feldman Ruel
Hannah McCann

Hannah McCann