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Renovated Multi-Tenant Office Building
New
For Sale
$1,500,000

415 Pennington Avenue, Havre de Grace, MD 21078

Two-level office property with a dedicated technology infrastructure suite and finished lower-level flex space.

Property SizeContact for details
Days on Market6

Property Features for 415 Pennington Avenue

General Information

Standard status Active
Class Class A
Property subtype Commercial
Lease Term []

Additional Details

Three-Phase Power Yes
Office Units 2

Building Details

Year Built 1967
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Streett Hopkins Real Estate,LLC
Listed By: Christopher C Streett
Source: Deepcreeklake
Added: Aug 28 Changed: Sep 1 Last Checked: Sep 1 at 10:02PM

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 Streett Hopkins Real Estate,LLC

Investment Insights

Based on property information with market context.

This two-level office building combines renovated professional workspace with an upgraded lower level for storage and specialized operations. The first floor is occupied by a long-term dental tenant, while the approximately 3,610-square-foot second floor is vacant and configured for professional office use. Dedicated 200-amp electrical service and dedicated cooling support technology-intensive operations, including on-premise cloud or edge computing.

The 3,605-square-foot basement includes a fully epoxy-coated floor and 3-phase electrical service, providing a finished environment for maker-space or additive-manufacturing applications. The property is located at 415 Pennington Avenue in the downtown core of historic Havre de Grace, with water views and walking access to restaurants, waterfront parks, the library, and other community amenities. Built in 1967, the property offers multiple levels and distinct spaces for office, storage, and flex-oriented uses.

Key Highlights

  • Approximately 3,610 SF vacant second‑floor office space
  • 3,605 sqft basement maker space with fully epoxy floor
  • Dedicated 200Amp service and cooling for technology‑intensive operations

Property Analytics

Current Use

Lufburrow & Co Inc (Bike/Boat/Book/etc) Store Hythe Research Advertising Agency River Dental: Stauffer ... Dental Office Cole Chester Dental Office John E. Lufburrow ... Dental Office

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Accounting Firm Electrical Service Catering Service Home Appliance 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

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby

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

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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Frequently Asked Questions

What type of property is this?
Office building - Two-level office property with a dedicated technology infrastructure suite and finished lower-level flex space.
Where is this office building located?
The property is located at 415 Pennington Avenue Havre de Grace, MD.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Approximately 3,610 SF vacant second‑floor office space; 3,605 sqft basement maker space with fully epoxy floor; Dedicated 200Amp service and cooling for technology‑intensive operations
More about this property
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