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    OFF-MARKET
    Investment properties

    115 Potomac St, Brunswick, MD 21716-1467

    2,434 SF 0.07 ac lot Built 1910
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US40-2381833
    Property summary
    AI-generated overview

    This stunning, fully renovated (2024) two-story building, totaling 3,194 square feet, presents a unique opportunity in Brunswick, MD's revitalized historic district. Originally constructed in 1910 as the People's National Bank, this single-tenant property boasts a prime location on West Potomac Street, near N Maryland Ave, within the B2 Mixed Use zoning district. The building sits on 0.11 acres and offers flexible space suitable for various uses, including traditional, creative, or executive office space, event space, retail, or even a data center. The property is currently vacant and available for lease at $11.27 per square foot annually, on a triple net (NNN) lease basis. Lease terms are negotiable. Annual property taxes are $1.47 per square foot. While parking is not provided on-site, the building's central location offers easy access to area amenities. This exceptional property provides a blend of historic charm and modern functionality, making it an ideal location for businesses seeking a high-profile presence in a thriving downtown area. Its strategic location offers access to HUB, Enterprise, and Opportunity Zones. Don't miss this chance to establish your business in this exciting and rapidly developing Maryland community.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1910
    Construction FRAME
    Total area 2,434 SF
    Lot 0.07 ac (3,125 SF)
    Zoning code B2
    APN 25-476891
    UPID US40-2381833
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Adcock and Sons LLC Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Samuel Jamshid Safdari · 2 yrs held
    Samuel Jamshid Safdari
    since 2023
    Last sale
    $332,000
    7 recorded transactions
    2023
    $332,000
    2013
    $30,000
    2011
    2004
    $77,552
    1969
    1969
    1969
    Zoning & alternative use
    B2 · Brunswick, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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