Private Office Unit with Shared
For Sale
Contact for pricing
126 S WASHINGTON STREET #REAR, Havre de Grace, MD 21078
A private workspace includes shared kitchenette and accessible restroom access, plus occasional conference-room use.
Property Size2,200 SF
Price / SF$0.23
Days on Market8
Property Features for 126 S WASHINGTON STREET #REAR
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Amenities
handicapped bath
kitchenette
conference space
Building Details
Year Built
1958
Listing Agency:
Steppingstone Realty Inc
Listed By:
Curtis C Coon · License #628247
(410) 206-8217
Source:
Cummingsrealtors
Added: Oct 23
Changed: Oct 29
Last Checked: Oct 28 at 8:13AM
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 Steppingstone Realty Inc
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Investment Insights
Based on property information with market context.
This office unit offers a private room measuring 18 x 14, with access to a kitchenette and handicapped-accessible bathroom in shared areas. Conference space is available for occasional use. The building was constructed in 1958.
At 126 S Washington Street in Havre de Grace, the office is offered with utilities, taxes, water, and trash included in the rent.
At 126 S Washington Street in Havre de Grace, the office is offered with utilities, taxes, water, and trash included in the rent.
Key Highlights
- Private office measures 18 x 14
- Shared kitchenette and handicapped‑accessible bathroom
- Occasional use of conference space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,424
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,480
$308.5K
Cap Rate 7%
$220,343
$220.3K
Cap Rate 9%
$171,378
$171.4K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$25.1K $11.40/SF
− Vacancy
−$4.5K −$2.05/SF
EGI
$20.6K $9.35/SF
− OpEx
−$5.1K −$2.34/SF
NOI
$15.4K $7.01/SF
Area
Harford County, MD
Vacancy
18.00%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,480
Cap Rate 7%
$220,343
Cap Rate 9%
$171,378
Alternative Uses
Best Use
Office B
$220.3K
$192.8K – $257.1K
NOI $15,424 @ 7.0% cap · market cap 3,084.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$774.1K
$677.3K – $903.1K
NOI $54,186 @ 7.0% cap · market cap 10,837.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
940
Businesses Nearby
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Business Placement
Demographics for 21078, MD
20,321
Population
8,760
Households
2.3
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
675
Density / Sq Mi
$109,451
Median Household Income
$53,942
Median Earnings
$1,331
Median Rent
$355,500
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - A private workspace includes shared kitchenette and accessible restroom access, plus occasional conference-room use.
Where is this office unit located?
The property is located at 126 S WASHINGTON STREET #REAR Havre de Grace, MD.
What are key features of this property?
This property features: Private office measures 18 x 14; Shared kitchenette and handicapped‑accessible bathroom; Occasional use of conference space
