192 E MAIN STREET, Westminster, MD 21157
Charming office building in historic Westminster, MD.
- Added:
- Dec 17, 2024
- Days on Market:
- 566
- Last Refresh:
- Apr 5 at 9:11 pm
Property Features for 192 E MAIN STREET
General Information
- Standard status
- Active
- Size
- 3,400 SF
- Lot size
- 0.19 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1880
Listing office Cummings & Co. Realtors (410) 795-5500
Listing date Dec 17, 2024
Source Exitrealty
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
HighLights
- Prime location near government offices and courts, ideal for professional services.
- Spacious 3,400 sq ft including floored attic, offering ample room for various uses.
- Original architectural details such as 9' & 9.5' high ceilings and hardwood floors.
- Flexible layout with multiple rooms suitable for offices, conference areas, or training spaces.
- Multiple zone HVAC system ensuring climate control throughout the building.
- On‑site parking for 6 vehicles, plus 2 additional spaces via easement.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.8k | $11.40 |
| − Vacancy | −$7.0k | −$2.05 |
| EGI | $31.8k | $9.35 |
| − OpEx | −$7.9k | −$2.34 |
| NOI | $23.8k | $7.01 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Carroll
- State
- Maryland
- Longitude
- -76.991
- Latitude
- 39.5699