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5430 Campbell Blvd - White Marsh Professional Center

1,917 - 2,119 SF Office/Medical Condo Units Offered at $412,155 - $423,000 Per Unit in White Marsh, MD 21162

Investment Highlights

  • Corner unit available for sale or lease
  • Furnished common conference room amenity
  • Easy access to I-695 & I-95
  • Attractive Colonial Williamsburg Design
  • Unreserved covered & surface parking

Executive Summary

Fully improved mixed use condominium units for sale and lease in White Marsh. The exterior construction is an attractive brick and glass Colonial Williamsburg design. The three-story building totals 40,190 sf of office and medical uses. The building offers covered and surface parking, well landscaped grounds, a common furnished conference room amenity, common covered picnic area and a professional setting for staff and visitors. The main lobby entrance includes a covered drop off area and a furnished main lobby. Free lighted parking at a ratio of 4 cars per 1,000 sf available. 2 passenger elevators serve the property. The units are served by individually controlled split system heats pumps. A wet sprinkler system is provided throughout the building. Public water, sewer, gas and electric along with Comcast and Verizon serve the building. The building has 24 hour access. Excellent access to I-695, I-95. Routes 40 & 43.

Property Facts

Price $412,155 - $423,000
Unit Size 1,917 - 2,119 SF
No. Units 2
Total Building Size 40,190 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 2
Typical Floor Size 20,095 SF
Year Built 2008
Lot Size 2.24 AC
Parking Ratio 4.73/1,000 SF

2 Units Available

Unit 107

Unit Size 2,119 SF
Price $423,000
Price Per SF $199.62
Condo Use Office/Medical
Sale Type Owner User
Description

Fully improved office/medical/ retail condominium in White Marsh. The unit is sold vacant. Previous uses include an upscale salon and a behavorial health office. The building features free surface and covered parking, 24 hour access and shared use of the fully furnished free octogon shaped conference room amenity for use by the owners. A panel on the pylon sign fronting Philadelphia Road and Campbell Boulevard is available to each unit owner. The unit is seperately meter and owner controls the dedicated HVAC unit that serves the premises.

Sale Notes

Assume 85/15 owner occupancy financing with local lenders with 15% down and a loan for 359,550 @ 6.5% interest and 25 year amortization = $2,428 monthly ($13.75 rsf) + Condo fees + real estate taxes.

Suite 107
Suite 107
Suite 107
Suite 107
Interior Photo

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Unit 207

Unit Size 1,917 SF
Price $412,155
Price Per SF $215.00
Condo Use Office/Medical
Sale Type Owner User
Description

Fully improved general business corner office condominium unit on the second floor. Two elevators serve the building. The floor plan features three executive offices, conference room, storage, kitchen and private restroom. The existing furniture can convey with the real estate.

Sale Notes

Local lenders offering competitive owner occupancy financing. 80/20 LTV with 20% down and a loan for $329,724 @ 6% and a 25 year amortization = $2,125 monthly ($13.30 rsf) + $758.14 monthly condo fee. Annual real estate taxes are $3,255.

Suite 207
Suite 207
Suite 207
Suite 207
Interior Photo

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Amenities

  • Bus Line
  • Controlled Access
  • Conferencing Facility
  • Security System
  • Outdoor Seating
  • Air Conditioning

zoning

Zoning Code MLIM
MLIM
  • Listing ID: 30615774

  • Date on Market: 1/9/2024

  • Last Updated:

  • Address: 5430 Campbell Blvd, White Marsh, MD 21162

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