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    Two-Unit Medical Office Property Title is generated by Realmo AI

    4 W Broadway, Bel Air, MD 21014

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    For Sale
    $400,000

    Medical office configuration with two separately entered units and rear off-street parking.

    Type:Office
    Property size:
    2,416 SF
    Price / SF:
    $165/SF
    Added:
    Apr 27, 2026
    Days on Market:
    52
    Last Refresh:
    Jun 15 at 5:52 am

    Property Features for 4 W Broadway

    General Information

    Standard status
    Active
    Size
    2,416 SF
    Property subtype
    Office

    Building Details

    Year Built
    1947

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    Listing Contact
    Alexander Necker

    Listing agent Alexander Necker License #646911

    Listing office American Premier Realty, LLC

    Listing date Apr 27, 2026

    Source Xome

    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 American Premier Realty, LLC

    HighLights

    • Commercial property in the Town of Bel Air zoned B3, currently used as a medical office
    • Configured as two separate units with separate entrances
    • Unit A: 5+ rooms/offices, 2 full baths, kitchen, and full basement
    • Unit B: reception area, 2 exam rooms, and handicap access
    • Rear off‑street parking for 8+ cars and no parking listed on‑site
    • Signage visibility from Main Street near the intersection of Main Street and Broadway

    Overview

    This Bel Air commercial property is zoned B3 and currently operates as a medical office. The building is configured as two separate units, each with its own entrance, allowing distinct operations under one roof. Unit A includes 5+ rooms/offices, two full bathrooms, a kitchen, and a full basement. Unit B provides a reception area, two exam rooms, handicap access, and additional rear parking to support day-to-day patient and staff use.

    The property is located on W Broadway in the Town of Bel Air, with signage visibility from Main Street near the intersection of Main Street and Broadway. This positioning can support straightforward wayfinding for patients and visitors.

    For medical and service-oriented tenants or owner-operators, the two-unit layout offers practical flexibility for splitting space between practices or departments. The combination of exam-ready interior components in Unit B, multiple rooms in Unit A, and on-site rear parking can help streamline patient access and scheduling within a single, B3-zoned facility.

    Local Financial Insights For Healthcare Medical

    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 $59.1k $24.48
    − Vacancy −$8.9k −$3.70
    EGI $50.2k $20.78
    − OpEx −$20.1k −$8.31
    NOI $30.1k $12.47
    2,416 SF · lease $24.48/SF/yr · vacancy 15.10% · expense 40.00%

    Alternative Uses

    Best Use
    Healthcare Medical
    $430.4K
    $376.6K – $502.1K (±1% cap)
    NOI $30,128 @ 7.0% cap · market cap 7.53%
    Second Best
    Office B
    $242.0K
    $211.7K – $282.3K (±1% cap)
    NOI $16,939 @ 7.0% cap · market cap 4.23%
    Theoretical Best
    Office A
    $850.1K
    $743.8K – $991.8K (±1% cap)
    NOI $59,506 @ 7.0% cap · market cap 14.88%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Rehab & Pain Management ... Rehabilitation Center MD Immediate Care Medical Clinic Primary Care Medical Clinic

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Cat Sense Feline Hospital And Boarding Inc — 332 S Main St, Bel Air, MD 21014
    • Banfield Pet Hospital — 602 Boulton St, Bel Air, MD 21014
    • Homeward Bound Veterinary Services — 305 S Atwood Rd, Bel Air, MD 21014
    • Animal Medical Center of Bel Air — 142 N Bond St, Bel Air, MD 21014
    • Street III Richard P DVM — Greenbrier Shopping Ctr, Bel Air, MD 21014

    Location Insight

    • Map
    • Local Demand
    City
    Bel Air
    County
    Harford
    State
    Maryland
    Longitude
    -76.355725
    Latitude
    39.53902

    FAQs

    What type of property is this?
    Medical Office Space - Medical office configuration with two separately entered units and rear off-street parking.
    Where is this medical office space located?
    The property is located at 4 W Broadway Bel Air, MD.
    What is the asking price?
    The asking price for this property is $400,000.
    What are key features of this property?
    This property features: Commercial property in the Town of Bel Air zoned B3, currently used as a medical office; Configured as two separate units with separate entrances; Unit A: 5+ rooms/offices, 2 full baths, kitchen, and full basement
    More about this property
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