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85 High St Waldorf, MD 20602

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For Sale
$1,995,000

18,060 SF Office Building, 8% Cap Rate

Property size:
18,060 SF

Property Features for 85 High St

General Information

Property type
Office properties & Spaces
Square Feet
18,060 SF
Lot Size
65,340 SF

Building Details

Year Built
1979

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Listing Contact
Anne M Hooper

Listing Agency: HOOPER & ASSOCIATES Listing Agent: Anne M Hooper

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents an 18,060 square foot multi-tenant office building situated on a prominent 1.5-acre corner lot in Waldorf, Maryland. The property boasts a highly desirable location at the intersection of St. Thomas Drive and St. Charles Parkway, ensuring excellent visibility and accessibility. Currently operating with various lease terms in place, this building offers immediate cash flow with potential for future growth. The building is zoned St. Charles PUD, providing flexibility for potential future development or expansion. The property is served by public water and sewer, simplifying operations and maintenance. The asking price of $1,995,000 represents a compelling 8% capitalization rate, making this an attractive investment for discerning buyers seeking strong returns in a stable market. The substantial square footage and multiple tenants provide a diversified income stream, mitigating risk and enhancing long-term value. This is a rare opportunity to acquire a well-located, income-producing office building in a growing area of Southern Maryland. The property's strategic location and existing tenant base make it an ideal investment for both seasoned and new investors. Serious inquiries are encouraged.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Office properties & Spaces

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Waldorf
County
Charles
State
Maryland
Longitude
-76.89912
Latitude
38.60442

FAQs

What type of property is this?
Office property - 18,060 SF Office Building, 8% Cap Rate
Where is this office property located?
The property is located at 85 High St Waldorf, MD.
What is the asking price?
The asking price for this property is $1,995,000.
More about this property
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