Property summary
This exceptional Class A executive office condominium, located at 11022 Nicholas Lane, Unit 1, Ocean Pines, MD 21811 (APN 56), presents a rare investment opportunity. Boasting 3,528 square feet, this meticulously renovated space ($735,000 asking price, $208.33/sq ft) is ideally suited for a variety of professional uses. The layout features a welcoming reception area, two private offices providing ample privacy, and expansive open areas perfect for collaborative work or flexible configurations. Two full bathrooms, each with connected changing rooms, add to the convenience and functionality. The property includes a 16' x 22' indoor pool (3'6"-4' deep), which the owner is willing to remove and restore the subfloor to concrete. Completely remodeled in 2022, this property benefits from modern amenities and a fresh, updated aesthetic. Monthly condo fees of $903.87 cover all exterior maintenance, landscaping, and trash removal. The business, along with all furniture, fixtures, and equipment, is available for an additional $80,000. This property is zoned for commercial use and offers a unique blend of functionality and modern appeal in the desirable Ocean Pines community. This is a truly exceptional opportunity for a discerning buyer seeking a turnkey executive office space.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
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Gym & Fitness Center
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Medical Clinic
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Medical Clinic
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Property Management Company
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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