For Sale
$4,150,000

620 Boulton StBel Air, MD 21014

Prime Medical Office, Bel Air, MD

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 20,000-square-foot medical office building in Bel Air, Maryland, presents a rare investment opportunity. The Class B property, built in 1986 and renovated in 2012, features a 15,000-square-foot clinic and a 5,000-square-foot ambulatory surgical center. Currently occupied by Wilmer Eye Institute and JHU under a lease expiring April 30, 2025, this fee-simple offering boasts a strong track record of medical success. The two-story building sits on a 1.22-acre lot with ample parking (100 spaces total). Located in a high-traffic area (13,000 CPD on Boulton St, 42,000 CPD on Rt 24), it benefits from proximity to national retailers, Harford Mall, and the University of Maryland Upper Chesapeake Medical Center. The B3 zoning allows for diverse uses. Significant capital improvements have been made since 2015. This turnkey property is ideal for an owner-user seeking to establish or expand their presence in the thriving Bel Air market. The asking price is $4,150,000, with a price per square foot of $207.50. The property's strategic location and established medical tenant history make it a compelling investment.

Highlights

  • $4,150,000 asking price, $207.50/SF.
  • 20,000 SF medical office building in Bel Air, MD.
  • Class B property, built in 1986, renovated in 2012.
  • 15,000 SF clinic and 5,000 SF ambulatory surgical center.
  • Currently leased to Wilmer Eye Institute and JHU, lease expiring April 30, 2025.

Property Details for 620 Boulton St

Property type
Office properties, Medical offices
Square Feet
20,000 SF
Class
B
Year Built/Renovated
1986/2012
Buildings
1
Stories
2
Lot Size (sq. ft)
53,143 SF

Location Insight

City
Bel Air
County
Harford
State
Maryland
Latitude
39.5268449
Longitude
-76.3604273
620 Boulton St, Bel Air, Maryland

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620 Boulton St
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