Property profile

135 Main St Westminster, MD 21157

OFF-MARKET
Office buildings
Property ID
US40-2362694
3,168 SF 0.18 ac lot Built 1938
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,800 square foot commercial property at 135 E Main Street, Westminster, MD, offers a unique blend of old-world charm and modern convenience. Situated on a 0.18-acre lot directly across from Westminster park, this move-in ready space boasts an unbeatable downtown location. Enjoy easy walking access to restaurants, professional offices, the library, a bus stop, churches, and the courthouse. The building is ADA compliant and features full stamped architectural drawings and a site plan. Interior amenities include a fully equipped kitchen, a shared mailroom/coffee/water room, two updated full bathrooms with showers, and two half baths. The layout is ideal for a variety of professional uses, including but not limited to accounting, legal, consulting, or counseling practices. The property has achieved CARF accreditation for behavioral health treatment. Client-facing areas include three attractive conference rooms, while internal spaces offer eight private offices and a flexible teaching/meeting room. Furnishings are included, making for a seamless transition. Ample parking is available both in the front and rear of the building, with convenient access to MD 140 for easy commuting. A year-to-year lease is available, with shorter-term options negotiable. A special incentive of one month free rent is offered with a one-year lease agreement. The property is also available with a lease-to-purchase option and owner financing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1938
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 3,168 SF
Lot 0.18 ac (7,920 SF)
Zoning code DOWNT
APN 07-067062
UPID US40-2362694

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency
  • Real Estate Agency
  • Auto Repair Shop
  • Real Estate Agency
  • Real Estate Agency

Location

135 Main St Westminster, MD 21157-5012
Westminster metro Census 507602 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$670k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$670k

Owner & transaction history

since 2024
Last sale
$669,995
4 recorded transactions
2024
$669,995
2006
$690,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DOWNT · Westminster, MD
Top alternative use upside
Retail stores $660,000 +42.2%
Auto repair, garage $550,000 +19.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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