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Property profile & analytics
OFF-MARKET
Commercial real estate

314 Franklin Ave Ste 105c Berlin, MD 21811-1262

1,296 SF
Individually Owned 21-yr Hold Free & Clear
Property ID
US40-0061622
Property summary
AI-generated overview

This exceptional 2,296 square foot executive office suite, located at 314 Franklin Ave in Berlin, Maryland, presents a fantastic leasing opportunity. Situated within a Class B building constructed in 2000, this single-tenant space offers ample parking and is ideally suited for a variety of professional or medical office users. The suite is part of the Berlin Professional Center, a property encompassing a total of 2,296 square feet on a 6,411 square foot lot in Worcester County. The building is undergoing renovations, with improvements already underway in the lobby area, including new flooring, doors, hardware, and paint. These upgrades showcase the potential for build-out within the suite itself, allowing for customization to meet specific business needs. The central location in Berlin, Maryland, zip code 21811, provides excellent accessibility and visibility. This is a rare opportunity to secure a well-located, spacious, and adaptable office space in a thriving community. The property offers a blend of established infrastructure and modern renovation potential, making it an attractive option for businesses seeking a professional and functional workspace.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Total area 1,296 SF
Zoning code B1
APN 03-150623
UPID US40-0061622
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
  • Berlin Oral Surgery Dental Office
  • Peninsula Regional Oncology & Hematology Medical Clinic Hospital
  • Grasso Joseph A MD Physician
  • Chandrasekhara Kota L MD Physician
  • Mark T. Edney, M.D. - Chesapeake Urology Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Coastal Association Of Realtors/md · 21 yrs held
Coastal Association Of Realtors/md
since 2005
2 recorded transactions
2005
$175,750
2001
$125,000
Zoning & alternative use
B1 · Berlin, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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