Renovated Corner
For Sale
Contact for pricing
11 LIBERTY STREET, Westminster, MD 21157
Flexible commercial layout accommodates retail, service, office, and other commercial uses.
Property Size13,143 SF
Price / SF$0.14
Days on Market49
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Property Features for 11 LIBERTY STREET
General Information
Standard status
Active
Size
13,143 SF
Property subtype
Commercial
Building Details
Year Built
1895
Listing Agency:
Cummings & Co. Realtors
(410) 823-0033
Listed By:
Thomas B Maley · License #656646
(410) 274-3326
Source:
Cummingsrealtors
Added: Aug 28
Changed: Oct 15
Last Checked: Oct 15 at 12:48AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cummings & Co. Realtors
Investment Insights
Based on property information with market context.
This commercial storefront at 11 Liberty Street offers approximately 1,300 square feet in a recently renovated space. Its adaptable configuration can accommodate retail, service, office, and other commercial uses, allowing the interior to be organized around the occupant’s needs. The property dates to 1895 and presents a combination of historic building character and updated commercial space.
Positioned at the intersection of Main Street and Liberty Street in Westminster, the property occupies a corner setting with convenient access and visibility. The location provides a recognizable address for a range of business operations seeking a flexible storefront environment.
Positioned at the intersection of Main Street and Liberty Street in Westminster, the property occupies a corner setting with convenient access and visibility. The location provides a recognizable address for a range of business operations seeking a flexible storefront environment.
Key Highlights
- Approximately 1,300 square feet of commercial space
- Recently renovated storefront in a historic 1895 building
- Corner position at Main Street and Liberty Street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$186,024
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,720,480
$3.7M
Cap Rate 7%
$2,657,486
$2.7M
Cap Rate 9%
$2,066,933
$2.1M
Market Conditions
NOI Build-Up for 13,143 SF
Gross rent
$283.9K $21.60/SF
− Vacancy
−$18.1K −$1.38/SF
EGI
$265.7K $20.22/SF
− OpEx
−$79.7K −$6.07/SF
NOI
$186.0K $14.15/SF
Area
Carroll County, MD
Vacancy
6.39%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,720,480
Cap Rate 7%
$2,657,486
Cap Rate 9%
$2,066,933
Alternative Uses
Best Use
Retail
$2.66M
$2.33M – $3.10M
NOI $186,024 @ 7.0% cap · market cap 10,334.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.87M
$4.26M – $5.69M
NOI $341,188 @ 7.0% cap · market cap 18,954.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 21157, MD
38,584
Population
15,466
Households
2.5
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
77.7 sq mi
ZIP Area
497
Density / Sq Mi
$102,835
Median Household Income
$50,254
Median Earnings
$1,236
Median Rent
$394,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Flowers by Evelyn — 92 E Main St, Westminster, MD 21157
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible commercial layout accommodates retail, service, office, and other commercial uses.
Where is this storefront property located?
The property is located at 11 LIBERTY STREET Westminster, MD.
What are key features of this property?
This property features: Approximately 1,300 square feet of commercial space; Recently renovated storefront in a historic 1895 building; Corner position at Main Street and Liberty Street
