Property summary
This 2,616 square foot office building at 505 Maryland Avenue in Cambridge, MD, presents a fantastic opportunity. Boasting a highly visible location and convenient access to Route 50, this property offers exceptional accessibility for clients and employees. The building features multiple office spaces spread across two floors, providing ample room for a variety of business needs. Hardwood floors throughout add a touch of elegance and sophistication. A well-equipped kitchenette is conveniently located for staff and visitors. Significant storage space is available, including a full basement and attic, offering versatile options for archiving, inventory, or additional workspace. The 0.22-acre lot provides ample parking and outdoor space. The asking price for this well-maintained and strategically located office building is $275,000. This property is ideal for businesses seeking a prominent presence in a thriving area with easy highway access. Its versatile layout and abundant storage make it suitable for a wide range of professional uses. Don't miss this chance to acquire a valuable commercial asset in a prime Cambridge location.
Property profile
VerifiedCap rate & NOI
Current use
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Insurance Agency
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-2 · Cambridge, MDZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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