85 High StWaldorf, MD 20602

For Sale
$1,995,000
18,060 SF Office Building, 8% Cap Rate

Overview

Added:
Feb 3
Days on market:
72
This exceptional investment opportunity presents an 18,060 square foot multi-tenant office building situated on a prominent 1.5-acre corner lot in Waldorf, Maryland. The property boasts a highly desirable location at the intersection of St. Thomas Drive and St. Charles Parkway, ensuring excellent visibility and accessibility. Currently operating with various lease terms in place, this building offers immediate cash flow with potential for future growth. The building is zoned St. Charles PUD, providing flexibility for potential future development or expansion. The property is served by public water and sewer, simplifying operations and maintenance. The asking price of $1,995,000 represents a compelling 8% capitalization rate, making this an attractive investment for discerning buyers seeking strong returns in a stable market. The substantial square footage and multiple tenants provide a diversified income stream, mitigating risk and enhancing long-term value. This is a rare opportunity to acquire a well-located, income-producing office building in a growing area of Southern Maryland. The property's strategic location and existing tenant base make it an ideal investment for both seasoned and new investors. Serious inquiries are encouraged.

Property Details for 85 High St

Property type
Office properties
Square Feet
18,060 SF
Year Built
1979
Lot Size (sq. ft)
65,340 SF

Location Insight

City
Waldorf
County
Charles
State
Maryland
Latitude
38.60442
Longitude
-76.89912
85 High St, Waldorf, Maryland

FAQs

What type of property is this?
Office property - 18,060 SF Office Building, 8% Cap Rate
Where is the office property located?
The property is located at 85 High St Waldorf, MD.
What is the asking price?
The asking price for this property is $1,995,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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85 High St
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