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    OFF-MARKET
    Retail space

    18 Main St, Westminster, MD 21157-4816

    1,020 SF 0.26 ac lot Built 1987
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US40-1391867
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    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
    193 E Main LLC · 2 yrs held
    193 E Main LLC
    since 2024
    Last sale
    $375,000
    4 recorded transactions
    2024
    $375,000
    2013
    $395,000
    2012
    2011
    Zoning & alternative use
    MIXED · Westminster, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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