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Property summary
This historic Havre de Grace, MD building, renovated in 2020, offers 7,400 square feet of versatile office space in a vibrant downtown location. The property, situated on a 5,400 square foot lot at 224 N Washington St (cross street: Green St), is zoned RB and features a single, two-story Class B building. Currently, five private office suites are available, ranging from 102 to 148 square feet, ideal for startups, solopreneurs, or satellite offices. Each suite is carpeted and painted in neutral tones, and some furnishings are available. Shared amenities include two conference rooms, a small kitchen with coffee and tea service, and reception services. The building provides 24/7 access for ultimate flexibility. Monthly rental rates for the available spaces range from $550 to $650. This exceptional opportunity combines the charm of a 1930s building with modern conveniences in a thriving downtown shopping and dining district. The building's multiple tenancy allows for a diverse and collaborative environment.
Property profile
VerifiedCap rate & NOI
Current use
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Advertising Agency Marketing & Advertising
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Film Production Television Studio
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Law Firm
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Business Service Center Advocacy Group
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Physician
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Accessory uses and structures. § 205-22.1 Special developments. Article VI RO Residential Office District § 205-23 Principal permitted uses. § 205-24 Conditional uses. § 205-25 Accessory uses and structures. Article VII…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
RB · Havre De Grace, MDAccessory uses and structures. § 205-22.1 Special developments. Article VI RO Residential Office District § 205-23 Principal permitted uses. § 205-24 Conditional uses. § 205-25 Accessory uses and structures. Article VII…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
Accessory uses and structures. § 205-22.1 Special developments. Article VI RO Residential Office District § 205-23 Principal permitted uses. § 205-24 Conditional uses. § 205-25 Accessory uses and structures. Article VII…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RB in Havre De Grace, MD.
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