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9315 Ocean Hwy

13,000 SF Vacant Office Building Delmar, MD 21875 $1,987,500 ($153/SF)

Executive Summary

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

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
13,000 SF
Building Class
B
Year Built
2005
Price
$1,987,500
Price Per SF
$153
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Building FAR
0.31
Lot Size
0.96 AC
Opportunity Zone
Yes
Zoning
C

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 7,200 SF
  • Medical
  • Full Build-Out
  • Now
  • 2nd Floor
  • 2,300 SF
  • Office
  • Full Build-Out
  • Now
Space Size Space Use Condition Available
1st Floor 7,200 SF Medical Full Build-Out Now
2nd Floor 2,300 SF Office Full Build-Out Now

1st Floor

Size
7,200 SF
Space Use
Medical
Condition
Full Build-Out
Available
Now

2nd Floor

Size
2,300 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-016308
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,386,433
  • Listing ID: 25941806

  • Date on Market: 6/15/2022

  • Last Updated:

  • Address: 9315 Ocean Hwy, Delmar, MD 21875

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