3221-3223 Corporate CtEllicott City, MD 21042

Property Details for 3221-3223 Corporate Ct

Year built

1987

Property size (Sq ft)

1,839 SF

Property type

Office properties

Description

This exceptional investment opportunity presents a 1,839 square foot traditional office building located at 3221-3223 Corporate Ct, Ellicott City, MD 21042. The property, built in 1987, consists of two joined units, each with its own condo fee and tax bill. Currently leased to a long-term tenant (over 20 years), the sale is subject to the existing lease. The interior is primarily configured as shower rooms and private spa rooms, supplemented by a kitchenette. The asking price is $390,000, translating to $212.07 per square foot. Given the long-term tenant and strong rental income, this presents a stable investment opportunity. Showings are limited due to the tenant's privacy concerns, as it's a private, monitored spa. A significant incentive is offered: the seller will cover one year's condo fees for settlements completed within 90 days. This is a NNN lease with a single tenant. This is a unique opportunity to acquire a well-established, income-producing property in a desirable Howard County location. Please note that both tax records (for 3221 and 3223 Corporate Ct) should be reviewed. The property is sold as a single unit, encompassing both 3221 and 3223 Corporate Ct. The 90-day settlement timeframe for the condo fee incentive is non-negotiable.

Location Insight

City

Ellicott City

County

Howard

State

Maryland

Latitude

39.2824

Longitude

-76.863

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