For Sale
$2,226,880

8890 Mcdonogh RdOwings Mills, MD 21117

13,918 SF Medical Office, $160/SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 13,918-square-foot medical office building in Owings Mills, Maryland, presents a unique owner-user investment opportunity. Located at 8890 McDonogh Rd, Unit 407, this Class B building, constructed in 2010, offers a prime location at the intersection of McDonogh and Painters Mill Roads. The property sits on a 7.5-acre lot and includes 350 parking spaces (3.76 spaces per 1,000 sq ft). The building comprises eight contiguous recorded condominium units, totaling 13,918 square feet, currently configured as a top-floor medical office space. The sale includes a significant $695,900 construction credit at settlement. Multi-stall common area restrooms serve floors two through four, with private restroom connections already in place for first-floor units. The property also features a 2,617-square-foot first-floor restaurant/retail space with a pre-installed hood shaft. Individual units can be easily resold or leased by the new owner. This portfolio sale encompasses the remaining 40% of the retail and office condominiums within the original building shell, all recorded in Baltimore County. The asking price is $2,226,880, representing a price per square foot of $160. The building is a four-story structure.

Highlights

  • 13,918 SF medical office building portfolio sale in Owings Mills, MD, representing 40% of the original building.
  • Multi-stall restrooms on floors 2-4; first-floor units have private restrooms.
  • Ample parking with 350 spaces.
  • Individual units are easily resalable or leasable.
  • 2,617 SF first-floor restaurant/retail space with installed hood.
  • Prime location at McDonogh and Painters Mill Roads intersection.

Property Details for 8890 Mcdonogh Rd

Property type
Office properties, Medical offices
Square Feet
13,918 SF
Class
B
Year Built
2010
Stories
4
Lot Size (sq. ft)
326,700 SF

Location Insight

City
Owings Mills
County
Baltimore
State
Maryland
Latitude
39.3909541
Longitude
-76.7867585
8890 Mcdonogh Rd, Owings Mills, Maryland

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8890 Mcdonogh Rd
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