207-209 Main St Boonsboro, MD 21713
This exceptional value-add opportunity presents a two-story, 7,920 square foot retail bank building located at 207-209 N Main Street in Boonsboro, Maryland, zip code 21713. The property boasts a strong credit tenant, Fulton Financial Corporation, currently occupying a significant portion of the space. The building offers additional office suites on the second floor, presenting a versatile layout suitable for expansion or adaptive reuse. This is a multi-tenant property with significant upside potential. The property's strategic location in Boonsboro, Washington County, provides excellent visibility and accessibility. A key feature of this offering is the inclusion of an adjacent commercial lot, adding considerable development potential for future expansion or complementary uses. This presents a rare chance to acquire a well-located, established property with significant room for growth and value enhancement. The property is being offered for sale and represents a compelling investment opportunity for those seeking a value-add project with immediate income and long-term growth prospects. The building's size and location make it an attractive proposition for a variety of uses, and the inclusion of the adjacent lot opens up a wide range of development possibilities. This is a unique opportunity to acquire a substantial property in a desirable location with significant potential for future returns.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.