1355 Main StHampstead, MD 21074

Property Details for 1355 Main St

Year built

1940

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.17 AC

Property size (Sq ft)

3,960 SF

Zone code

RES O

Property type

Office buildings

APN

08-031029

APU

8031029

Description

This exceptional 3,960 square foot office building at 1355 N Main Street, Hampstead, MD, is now available for purchase. Situated on a 0.17-acre lot, this property offers a unique opportunity to acquire a fully functional and well-equipped office space. The current layout includes numerous spacious private offices, a sizable administrative office, a welcoming front lobby, a dedicated conference room, a copy room, a convenient break room, and two half-bathrooms. Ample storage is provided, encompassing approximately 1800 square feet for materials and equipment, with direct access to a shared rear parking lot. The building benefits from public water and sewer connections, oil heat, central air conditioning, and high-speed cable internet access. A significant amount of electrical capacity is available, exceeding the needs of the previous occupant. Zoned RO (Residential Office), this property is ideally suited for professional and administrative uses while maintaining the residential ambiance of the area. This is a rare chance to own a turnkey office space in the thriving town of Hampstead. The property is being offered at $425,000.

• CAP approach

  CAP return

  Valuation

  6%

  $601,632

  6.5%

  $555,352

  7%

  $515,684

• Comparable approach

  Method

  Valuation

  Relative Method

  $249,124

  Geo Method

  $249,124

• Alternative Use

  Use

  Valuation

  Residential

  $688,637

  Hospitality

  $630,788

  Educational

  $524,808

  Medical

  $542,857

  Retail

  $816,368

Location Insight

City

Hampstead

County

Carroll

State

Maryland

Latitude

39.6114

Longitude

-76.8522

CBSA code

12580

CBSA name

BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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