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    OFF-MARKET
    Medical Office Space

    406 Liberty St, Centreville, MD 21617-1224

    1,200 SF 0.63 ac lot Built 1950
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US40-2235677
    Property summary
    AI-generated overview

    This exceptional 1,200 square foot commercial office building presents a remarkable investment opportunity in the heart of Centreville, Maryland. Located at 406 S Liberty Street, this property enjoys a highly visible and accessible position in the downtown area, benefiting from significant foot and vehicle traffic. The building itself features five separate offices, providing ample space for a variety of business configurations. A full bathroom is conveniently located within the building. The property's layout is designed for versatility and efficiency, catering to diverse operational needs. Beyond the building, a substantial 0.63-acre lot provides a generous parking area, ensuring convenient access for clients and employees. This prime location offers unparalleled visibility and accessibility, making it an ideal choice for businesses seeking a thriving and established commercial environment. The asking price for this exceptional property is $295,000. This represents a significant opportunity to establish or expand your business in a vibrant and strategically advantageous location. The combination of size, layout, parking, and location makes this property a truly compelling investment.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1950
    Construction BRICK
    Total area 1,200 SF
    Lot 0.63 ac (27,225 SF)
    Zoning code C-2
    APN 03-003698
    UPID US40-2235677
    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
    • Dr. Timothy Monahan Physician
    • Dr. David Clarkson Physician
    • Eastern Shore Family Footcare Medical Clinic
    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
    Maelor LLC · 1 yrs held
    Maelor LLC
    since 2025
    5 recorded transactions
    2025
    $215,000
    2004
    $238,000
    2002
    2002
    $180,000
    1969
    Zoning & alternative use
    C-2 · Centreville, MD
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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