Property profile

18 Main St Westminster, MD 21157

OFF-MARKET
Retail space
Property ID
US40-1391867
1,020 SF 0.26 ac lot Built 1987
Entity Owned 2-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property at 18 W Main Street in historic Westminster, Maryland, presents a fantastic lease opportunity. The recently renovated space offers approximately 2400 square feet of flexible retail or flex space, ideally situated on bustling Main Street. Its prime location ensures high visibility and accessibility for customers. The property boasts ample parking for both customers and employees, with convenient access from both Main Street and Winters Street. The zoning allows for a wide variety of uses, making it suitable for a diverse range of businesses. While the square footage is approximate, the space is ready for immediate occupancy. The property sits on a 0.26-acre lot. Please note that this is a Triple Net Lease, with an estimated additional monthly cost of approximately $500. This cost covers expenses beyond base rent. This location offers a unique blend of historic charm and modern convenience, making it an ideal investment for any business seeking a thriving downtown presence. Interested parties are encouraged to schedule a private tour to fully appreciate the potential of this exceptional property.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction BRICK
Total area 1,020 SF
Lot 0.26 ac (11,446 SF)
Zoning code MIXED
APN 07-069189
UPID US40-1391867

Cap rate & NOI

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

Location

18 Main St Westminster, MD 21157-4816
Westminster metro Census 507601 BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2024
Last sale
$375,000
4 recorded transactions
2024
$375,000
2013
$395,000
2012
Price N/A
2011
Price N/A

Zoning & alternative use

MIXED · Westminster, MD

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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