Listed By: Dennis Boyle, SIOR Show Phone

Source: Mackenziecommercial

Added: Apr 3 Changed: Oct 8 Last Checked: Oct 20 at 5:03PM

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Investment Insights

Based on property information with market context.

Located in the heart of Westminster, Maryland, 205 E. Main Street offers commercial office space for rent. More information is available in the property brochure.

Key Highlights

• Located in the heart of Westminster, Maryland.
• Situated on E. Main Street.
• Commercial real estate opportunity.

Property Analytics

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Current Use

Main Street Advisors ... Financial Advisor Rager Lehman & Houck ... Accounting Firm Brown Plus Accounting Firm The Advantage Group, Inc. Insurance Agency

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Butcher Pet Store & Service Florist Tanning Salon

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

1,940

Businesses Nearby

Explore this area Business Placement

Demographics for 21157, MD

38,584

Population

15,466

Households

2.5

Avg Household Size

42

Median Age

37%

College-Educated

93%

High-School Grad

77.7 sq mi

ZIP Area

497

Density / Sq Mi

$102,835

Median Household Income

$50,254

Median Earnings

$1,236

Median Rent

$394,100

Median Home Value

Market

Lease Benchmarks for Westminster, MD

$65.58 /SF/Yr

Avg Asking Price

$1.66–$295 /SF/Yr

Price Range

20,536 SF

Avg Space Size

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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Office Unit with Skylight

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Office Unit with Skylight

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Office Unit with Monument Signage

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Office Suite with Private Offices

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Office Unit With Private Offices

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Second-Floor Medical Office Suite

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Boutique Office Suite in Westminster

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Third-Floor Office Suite

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Office Units with Central Air

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Renovated Office Suite with Kitchen

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Frequently Asked Questions

What type of property is this?

Office unit - Office space available in the heart of Westminster, Maryland.

Where is this office unit located?

The property is located at 205 E Main Street Westminster, MD.

What is the lease rate?

The lease rate is $300/Mo.

What are key features of this property?

This property features: Located in the heart of Westminster, Maryland.; Situated on E. Main Street.; Commercial real estate opportunity.