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Medical Office Space with Shared Reception
For Lease
$21.50 SF/Yr

122 Speer Road, Chestertown, MD 21620

Professional office zoning and shared reception support a medical office setting.

Space Size2,800 SF - 4,300 SF
Property Size12,290 SF
Days on Market16

Property Features for 122 Speer Road

General Information

Standard status Active
Size 2,800 SF - 4,300 SF
Net Rentable 2,800 SF
Property subtype Medical, Office
Zoning RB (Professional Office District)

Space & Availability

Available Space 2,800-4,300 SF
Space Use Office

Amenities

shared reception
signage opportunities
overflow parking

Building Details

Building Size 12,290 SF
Year Built 1990
Parking Ratio 4.5 per 1,000 SF
Listing Agency: MacKenzie Commercial Real Estate | Annapolis
Listed By: David McClatchy
Source: Mackenziecommercial
Added: Aug 16 Changed: Aug 29 Last Checked: Aug 30 at 12:54PM

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.

Unit 5 provides approximately 2,800–4,300 SF of professional office space within a building constructed in 1990. The suite was previously configured for general medical practice and includes a shared reception arrangement with a part-time dermatology practice. Signage opportunities are available, and the property offers professional office zoning under RB designation.

Parking is provided at a ratio of 4.5 spaces per 1,000 SF, with additional overflow parking available. The property is located at 122 Speer Road in Chestertown, near Historic Chestertown, Washington College, and established shopping destinations.

Key Highlights

  • 2,800–4,300 SF ± of professional office space in Unit 5
  • Previously configured for general practice medical use
  • Shared reception arrangement with a part‑time dermatology practice

Property Analytics

Current Use

Dr. Michael Peimer, ... Physician Dr. Helen A. Noble, ... Physician US Agricultural Department Government Office Natural Resources Conservation Sustainability Organization US Consolidated Farm ... Sustainability Organization

Suggested Use

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

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
$3.23 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

530
Businesses Nearby
Under-served
Demand for This Use

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
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Medical Office Space - Professional office zoning and shared reception support a medical office setting.
Where is this medical office space located?
The property is located at 122 Speer Road Chestertown, MD.
What is the lease rate?
The lease rate is $21.50 SF/Yr.
What are key features of this property?
This property features: 2,800–4,300 SF ± of professional office space in Unit 5; Previously configured for general practice medical use; Shared reception arrangement with a part‑time dermatology practice
More about this property
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