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Turn-Key Medical Office Condominium
For Sale
$445,000

7 Post Office Rd #M, Waldorf, MD 20602

Ground-level medical office suite with move-in-ready finishes and a functional layout for healthcare or professional use.

Property Size2,250 SF
Price / SF$197.78
Days on Market106

Property Features for 7 Post Office Rd #M

General Information

Standard status Active
Size 2,250 SF
Class B
Property subtype Office - Medical Office

Additional Details

Business Included Yes

Building Details

Building Size 2,250 SF
Units 1
Listing Agency: Hyatt Commercial Real Estate
Listed By: Nick G. Stellway · License #5007878
Source: Commercialcafe
Added: Jun 22 Changed: Oct 1 Last Checked: Oct 4 at 6:41AM

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 Hyatt Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2,250 SF ground-level medical office condominium is offered as a turn-key suite within the Cenna Center Condominium. The interior includes a reception area plus multiple private offices, arranged to support a functional medical office workflow. Recent improvements include new flooring and fresh paint throughout, providing a move-in-ready environment for an incoming practice or professional user.

The unit is located in Waldorf, Maryland within the St. Charles community, with convenient access to surrounding businesses, services, and major commuter routes. It sits on Post Office Road within the Cenna Center Condominium, in a setting surrounded by professional offices, service businesses, and retail amenities. Additional connectivity is provided via convenient access to Leonardtown Road (MD Route 5), supporting regional travel throughout Charles County and Southern Maryland.

For tenants and buyers seeking an established office setting rather than a renovation project, this suite offers an immediately usable medical office configuration with dedicated reception space and several private offices. Its condominium presentation can also make it a practical option for organizations looking to own a ground-level office footprint in a central Waldorf business environment.

Key Highlights

  • 2,250 SF ground‑level medical office condominium in the Cenna Center Condominium in Waldorf, MD
  • Functional suite includes a reception area and multiple private offices
  • Recent updates include new flooring and fresh paint throughout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,372
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,440 $687.4K
Cap Rate 7%
$491,029 $491.0K
Cap Rate 9%
$381,911 $381.9K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$55.4K $24.60/SF
− Vacancy
−$9.5K −$4.23/SF
EGI
$45.8K $20.37/SF
− OpEx
−$11.5K −$5.09/SF
NOI
$34.4K $15.28/SF
Area
Charles County, MD
Vacancy
17.20%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,440
Cap Rate 7%
$491,029
Cap Rate 9%
$381,911

Alternative Uses

Best Use
Office B
$491.0K
$429.7K – $572.9K (±1% cap)
NOI $34,372 @ 7.0% cap · market cap 7.72%
Second Best
Healthcare Medical
$265.6K
$232.4K – $309.8K (±1% cap)
NOI $18,590 @ 7.0% cap · market cap 4.18%
Theoretical Best
Multifamily LT 5
$31.59M
$27.64M – $36.86M (±1% cap)
NOI $2,211,547 @ 7.0% cap · market cap 496.98%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Lee Kevin K ... Physician Dillon Wendy Employment Agency Jennifer Hilfiker Physician Knalid Mohammed S ... Physician

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Grocery & Convenience Store Locksmith Bakery Pet Grooming Service

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,629
Businesses Nearby
Well-served
Demand for This Use

Demographics for 20602, MD

28,736
Population
10,899
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
95%
High-School Grad
14.5 sq mi
ZIP Area
1,982
Density / Sq Mi
$108,733
Median Household Income
$56,893
Median Earnings
$1,803
Median Rent
$360,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Similar Off Market Nearby

  • St. Charles Animal Hospital — 11685 Doolittle Dr, Waldorf, MD 20602
  • Waldorf Emergency Care — 3485 Rockefeller Ct, Waldorf, MD 20602
  • Banfield Pet Hospital — 3277 Plaza Dr, Waldorf, MD 20603
  • Petco Vaccination Clinic — 3077 Waldorf Market Pl, Waldorf, MD 20603

Frequently Asked Questions

What type of property is this?
Medical Office Space - Ground-level medical office suite with move-in-ready finishes and a functional layout for healthcare or professional use.
Where is this medical office space located?
The property is located at 7 Post Office Rd #M Waldorf, MD.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: 2,250 SF ground‑level medical office condominium in the Cenna Center Condominium in Waldorf, MD; Functional suite includes a reception area and multiple private offices; Recent updates include new flooring and fresh paint throughout
More about this property
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