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    Berlin Office Warehouse Investment Opportunity
    Updated: Nov 21, 2025
    Berlin Office Warehouse Investment Opportunity

    10545 Friendship Rd, Berlin, MD 21811

    $1,240,000
    6,600 sqft
    6,600 SF building featuring 4 units, ideal for office or office warehouse use.
    Zoned C1, offering flexibility for various business ventures.
    Prime location in the sought‑after Berlin, MD area.
    Built in 1999, a relatively modern construction.
    Versatile and flexible layout.
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    This listing looks promising.

    Here's a quick look at some key insights for

    10545 Friendship Rd, Berlin, MD 21811

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    • Est. Cap Rate

      7.4%
      Above avg (5.9%)

    • Est. NOI

      $92K
      Annual

    • Mortgage

      $700K
      Dec 2024

    • Last Sold

      Dec 2024
      $1.05M

    • Property Type

      Office Building
      Built 1999
    View Property Analytics
    Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 1 Active listings in Berlin, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 45 Off-Market properties to explore as potential leads, plus 2 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Leased Two-Story Office Building
    Fully Leased Two-Story Office Building

    1113 HEALTHWAY, Salisbury, MD 21804

    $2,399,000
    23,895 sqft

    Fully leased two-story office building with VRF HVAC, LED lighting, and over 100 parking spaces with long-term NNN leases.

    View details
    West Ocean City Medical/Office Building
    West Ocean City Medical/Office Building

    12385 Ocean Gtwy, Ocean City, MD 21842

    $1,990,000
    3,864 sqft

    3,864 SF medical/office building on 1.21 acres for sale.

    View details
    Two-Story Office Building
    Two-Story Office Building

    224 PHILLIP MORRIS Drive, Salisbury, MD 21804

    $4,400,000
    9.10 AC lot

    Renovated two-story office property with multiple units, full occupancy, and tenant-expense pass-throughs under LBI zoning.

    View details
    Two-Story Retail-Office Building
    Two-Story Retail-Office Building

    14 Worcester St, Ocean City, MD 21842

    Contact for pricing
    6,600 sqft 0.09 AC lot

    Two-story concrete block building on a corner site with updates including roof, HVAC, and fire/life safety systems.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near Ocean Downs
    Commercial Land Near Ocean Downs

    10329 RACETRACK Rd, Berlin, MD 21811

    $2,600,000
    7.89 AC lot

    9.26-acre commercial development opportunity near Ocean Downs Casino.

    View details
    Commercial Land Near Ocean Downs Casino
    Commercial Land Near Ocean Downs Casino

    10329 RACETRACK Road, Berlin, MD 21811

    $2,600,000
    9.26 AC lot

    9.26-acre commercial land parcel with development potential.

    View details

    Off-Market Properties in Berlin, MD

    Consider similar Off-Market properties in Berlin, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    11029 Cathell Rd
    OFFICE BUILDING

    11029 Cathell Rd, Berlin, MD 21811-9328

    $430,000
    Estimated value
    1,994 sqft 0.92 AC lot
    View details
    504 Franklin Ave
    OFFICE BUILDING

    504 Franklin Ave, Berlin, MD 21811-1326

    $445,000
    Estimated value
    4,000 sqft 0.32 AC lot
    View details
    114 Bryan Ave
    OFFICE BUILDING

    114 Bryan Ave, Berlin, MD 21811-1102

    $1,005,000
    Estimated value
    1,508 sqft 0.36 AC lot
    View details
    11005 Manklin Mdws Ln
    OFFICE BUILDING

    11005 Manklin Mdws Ln, Berlin, MD 21811-9303

    $575,000
    Estimated value
    2,369 sqft 0.44 AC lot
    View details
    11017 Manklin Mdws Ln
    OFFICE BUILDING

    11017 Manklin Mdws Ln, Berlin, MD 21811-9340

    $275,000
    Estimated value
    3,408 sqft 0.33 AC lot
    View details
    10344 Old Ocean City Blvd
    OFFICE BUILDING

    10344 Old Ocean City Blvd, Berlin, MD 21811-1162

    $1,465,000
    Estimated value
    4,920 sqft 0.57 AC lot
    View details
    10226 Old Ocean City Blvd
    OFFICE BUILDING

    10226 Old Ocean City Blvd, Berlin, MD 21811-1196

    $375,000
    Estimated value
    2,906 sqft 0.73 AC lot
    View details
    12472 Sea Oaks Ln
    OFFICE BUILDING

    12472 Sea Oaks Ln, Berlin, MD 21811-2652

    $3,515,000
    Estimated value
    12,164 sqft 1.49 AC lot
    View details
    12475 Sea Oaks Ln
    OFFICE BUILDING

    12475 Sea Oaks Ln, Berlin, MD 21811-2679

    $365,000
    Estimated value
    11,592 sqft 2.17 AC lot
    View details
    10031 Old Ocean City Blvd
    OFFICE BUILDING

    10031 Old Ocean City Blvd, Berlin, MD 21811-1171

    Value Estimation by Request
    12,000 sqft 1.09 AC lot
    View details
    10026 Main St
    OFFICE BUILDING

    10026 Main St, Berlin, MD 21811-3206

    $6,275,000
    Estimated value
    16,598 sqft 13.90 AC lot
    View details
    122 Main St
    OFFICE BUILDING

    122 Main St, Berlin, MD 21811

    $440,000
    Estimated value
    12,995 sqft 0.46 AC lot
    View details
    10535 Ocean Gtwy
    OFFICE BUILDING

    10535 Ocean Gtwy, Berlin, MD 21811-3534

    $415,000
    Estimated value
    1,800 sqft 1.89 AC lot
    View details
    27 Main St
    OFFICE BUILDING

    27 Main St, Berlin, MD 21811-1025

    $335,000
    Estimated value
    1,407 sqft 0.03 AC lot
    View details
    513 Main St
    OFFICE BUILDING

    513 Main St, Berlin, MD 21811-1409

    $360,000
    Estimated value
    1,098 sqft 0.34 AC lot
    View details
    10545 Friendship Rd
    OFFICE BUILDING

    10545 Friendship Rd, Berlin, MD 21811-3178

    $845,000
    Estimated value
    6,600 sqft 5.17 AC lot
    View details
    11110 Grays Cor Rd
    OFFICE BUILDING

    11110 Grays Cor Rd, Berlin, MD 21811-3161

    $115,000
    Estimated value
    1,052 sqft 1.00 AC lot
    View details
    10318 Old Ocean City Blvd
    OFFICE BUILDING

    10318 Old Ocean City Blvd, Berlin, MD 21811-1197

    $335,000
    Estimated value
    1,528 sqft 0.46 AC lot
    View details
    10320 Old Ocean City Blvd
    OFFICE BUILDING

    10320 Old Ocean City Blvd, Berlin, MD 21811-1287

    $395,000
    Estimated value
    4,105 sqft 0.23 AC lot
    View details
    10026 Old Ocean City Blvd
    OFFICE BUILDING

    10026 Old Ocean City Blvd, Berlin, MD 21811-1288

    $645,000
    Estimated value
    5,292 sqft 0.95 AC lot
    View details
    11001 Manklin Mdws Ln
    OFFICE BUILDING

    11001 Manklin Mdws Ln, Berlin, MD 21811-9305

    $905,000
    Estimated value
    4,171 sqft 0.56 AC lot
    View details
    10146 Main St Extd St
    OFFICE BUILDING

    10146 Main St Extd St, Berlin, MD 21811

    $1,100,000
    Estimated value
    5,640 sqft 4.77 AC lot
    View details
    10012 Old Ocean City Blvd
    OFFICE BUILDING

    10012 Old Ocean City Blvd, Berlin, MD 21811-1145

    $355,000
    Estimated value
    3,000 sqft 0.54 AC lot
    View details

    Berlin, MD Office Buildings Market Trends and Statistics

    Explore 46 office buildings for sale in Berlin, MD on our real estate platform. These investment opportunities span a total of 6,600 square feet of properties for sale, with an estimated market value of $1,240,000.

    Sale prices for office properties in Berlin, MD average $1,240,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 15
    Medical Office Space 7
    Office buildings 2

    Demographics Overview

    Population 24K
    Population Growth (5Y) +2.4%
    Median Household Income $91,293
    College Educated 49.6%

    High-Yield Neighborhoods for Investment

    Identify Berlin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21811 $875K

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $21.14 per SF
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Worcester County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Berlin fall within the Under 2,500 square foot range.

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