14816 Physicians LnRockville, MD 20850

Property Details for 14816 Physicians Ln

Year built

1981

Property size (Sq ft)

900 SF

Property type

Other office properties

Property subtype

Office properties

Description

This attractive 900-square-foot office condo, located at 14816 Physicians Lane, Unit 251 in Rockville, Maryland, presents a fantastic investment opportunity. The second-floor unit boasts a desirable corner location and is easily accessible via elevator or stairs. The well-designed layout includes a spacious reception area with a pass-through window, a comfortable waiting area, three private offices, a half bathroom, and convenient utility and mop sinks. A detailed floor plan is available upon request. The unit features its own independent heat pump, air handler, and electric meter, providing tenants with 24/7 access and complete control over their HVAC system. Ample free parking surrounds the building, ensuring convenient access for clients and staff. The property is zoned CR, allowing for a diverse range of uses, including medical, office, and retail. The sale price is $290,000. The monthly condo fee and reserve contribution total $561, and the estimated real estate taxes for 2024-2025 are $3,382. A lease option is also available at $1,950 per month, plus electricity and cleaning. This turnkey property is ready for immediate occupancy and offers significant potential for return on investment.

Location Insight

City

Rockville

County

MONTGOMERY

State

Maryland

Latitude

39.1

Longitude

-77.2111

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