Building Details

Stories 1

Spaces For Lease

at 120 Speer Rd Contact us

120 Speer Rd

Floor

1

Size

2,899 SF

Type

OFFICE

Rate

Contact for pricing

Availability

AVAILABLE, Now

Sublease

No

- Two single-story buildings totaling approximately 9,604 SF in a well-established... medical office park in Chestertown, Maryland. This three-unit property features one fully occupied building and another with two available units, offering up to 5,432 SF of former medical space—ideal for owner-users looking to launch, expand, or relocate their practice. The property benefits from a strong tenant base of established medical groups and a prime location. Interior layouts include patient waiting areas, offices, exam rooms, full baths, restrooms, laboratories, nurses’ stations, x-ray rooms with leaded walls, kitchenette, and break room

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Listing Agency: MacKenzie Commercial Real Estate | Annapolis Show Phone

Listed By: David McClatchy Show Phone

Source: Moodyscre

Added: Mar 2 Changed: Sep 11 Last Checked: Sep 14 at 10:17AM

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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 MacKenzie Commercial Real Estate | Annapolis

Investment Insights

Based on property information with market context.

Two single-story medical office buildings totaling approximately 9,604 SF are located within a well-established medical office park. The three-unit property includes one fully occupied building and another with two available units, creating space for up to 5,432 SF of former medical use.

Interior improvements are tailored to clinical operations and include patient waiting areas, offices, exam rooms, full baths and restrooms, laboratories, nurses’ stations, x-ray rooms with leaded walls, and a kitchenette and break room.

The arrangement is suitable for owner-users seeking dedicated medical office space within a multi-tenant setting supported by established medical groups.

Key Highlights

• Two single‑story buildings totaling approximately 9,604 SF in a medical office park in Chestertown, Maryland
• 3‑unit setup: one fully occupied building and another with two available units
• Up to 5,432 SF of former medical space with exam‑ready interior features

Property Analytics

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Current Use

Chestertown Cardiology Medical Clinic Drs. Shanahan & Ferguson ... Medical Clinic Patrick J. Shanahan, ... Pediatrician Andrew S. Ferguson, ... Pediatrician George Panas, M.D., ... Physician

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Bakery Garden Center (Bike/Boat/Book/etc) Store Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

530

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 21620, MD

12,726

Population

6,259

Households

2

Avg Household Size

46

Median Age

43%

College-Educated

93%

High-School Grad

118.7 sq mi

ZIP Area

107

Density / Sq Mi

$76,094

Median Household Income

$39,432

Median Earnings

$1,149

Median Rent

$318,700

Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019

16.4% 2020

17.3% 2021

18% 2022

18.6% 2023

20.3% 2024

20.2% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this medical office space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Medical Office Space - Two single-story buildings offer up to two available units with former medical space and exam-ready interior features.

Where is this medical office space located?

The property is located at 120 Speer Rd Chestertown, MD.

What are key features of this property?

This property features: Two single‑story buildings totaling approximately 9,604 SF in a medical office park in Chestertown, Maryland; 3‑unit setup: one fully occupied building and another with two available units; Up to 5,432 SF of former medical space with exam‑ready interior features