Berlin Office Warehouse Investment Opportunity

10545 Friendship Rd, Berlin, MD 21811

View on Map

For Sale

$1,240,000

6,600 SF building with 4 units, ideal for investment.

Type:Office

Property size:

6,600 SF

Price / SF:

$187/SF

HighLights

6,600 SF building featuring 4 units, ideal for office or office warehouse use.
Zoned C1, offering flexibility for various business ventures.
Prime location in the sought‑after Berlin, MD area.
Built in 1999, a relatively modern construction.
Versatile and flexible layout.
Easy access to major cities like Ocean City, Salisbury, and Metro Areas of DC and Baltimore.

We can help!

Listing Contact

Tonney Insley

For Sale

$1,240,000

6,600 SF building with 4 units, ideal for investment.

Type:Office

Property size:

6,600 SF

Price / SF:

$187/SF

Added:: Nov 21, 2025
Days on Market:: 206
Last Refresh:: May 19 at 10:20 pm

Property Features for 10545 Friendship Rd

General Information

Standard status: Active
Size: 6,600 SF
Property subtype: Office

Building Details

Year Built: 1999

We can help!

Listing Contact

Tonney Insley

Listing agent Tonney Insley License #MD #653457

Listing office SVN/Miller Commercial Real Estate

Listing date Nov 21, 2025

Source Svnmiller

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 SVN/Miller Commercial Real Estate

HighLights

6,600 SF building featuring 4 units, ideal for office or office warehouse use.
Zoned C1, offering flexibility for various business ventures.
Prime location in the sought‑after Berlin, MD area.
Built in 1999, a relatively modern construction.
Versatile and flexible layout.
Easy access to major cities like Ocean City, Salisbury, and Metro Areas of DC and Baltimore.

Overview

Located at 10545 Friendship Rd in Berlin, MD, this 6,600 SF building was constructed in 1999 and features 4 units. The property is zoned C1 and is suitable for office or office warehouse use, offering a versatile and flexible layout. Its location provides easy access to Ocean City, Salisbury, and the Metro Areas of DC and Baltimore. This well-maintained property is positioned to deliver a strong return on investment, making it an attractive prospect for investors seeking a promising addition to their portfolio.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$146.5k	$22.20
− Vacancy	−$23.4k	−$3.55
EGI	$123.1k	$18.65
− OpEx	−$30.8k	−$4.66
NOI	$92.3k	$13.99

6,600 SF · lease $22.20/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.32M

$1.15M – $1.54M (±1% cap)

NOI $92,308 @ 7.0% cap · market cap 7.44%

Second Best

Warehouse

$857.7K

$750.5K – $1.00M (±1% cap)

NOI $60,036 @ 7.0% cap · market cap 4.84%

Theoretical Best

Office A

$1.59M

$1.39M – $1.85M (±1% cap)

NOI $111,023 @ 7.0% cap · market cap 8.95%

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

Property Profile Location Intelligence

Current Use by Public Records

American Service Experts, ... HVAC Service Bennington Ceramic Tilebenning General Contractor Airlift Entertainment Hotel & Motel

Suggested Use

Location Insight

Map
Local Demand

City: Berlin
County: Worcester
State: Maryland
Longitude: -75.2023
Latitude: 38.3634

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For sale
Office buildings
MD
Berlin
21811
10545 Friendship Rd

What type of property is this?

Office building - 6,600 SF building with 4 units, ideal for investment.

Where is this office building located?

The property is located at 10545 Friendship Rd Berlin, MD.

What is the asking price?

The asking price for this property is $1,240,000.

What are key features of this property?

This property features: 6,600 SF building featuring 4 units, ideal for office or office warehouse use.; Zoned C1, offering flexibility for various business ventures.; Prime location in the sought‑after Berlin, MD area.

10545 Friendship Rd, Berlin, MD 21811

6,600 SF building with 4 units, ideal for investment.

Property Features for 10545 Friendship Rd

General Information

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Office B

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Income-Producing Duplex in Historic Berlin

Office Building with Private Entrances

Versatile Commercial Property with Water Views

Medical Condo in Berlin Professional Center

Triple Net Restaurant Property

Historic Berlin Restaurant For Sale

Duplex Investment Opportunity in Berlin

Meadow Drive Specialty Property

Spacious Townhome with Rooftop Deck

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