56 Main St Westminster, MD 21157-4844
- Office buildings
- 14,700 SF
- 0.23 lot acres
Current Use by Public Records
- Carroll County Realtor / Real Estate Agent
- NovaCare Prosthetics & Orthotics - Westminster - West Main Street / Orthopedic Surgeon / Pain Management Physician
- Horne and Horne Team of Cummings & Co. Realty / Real Estate Agency
- The Blaney Group of Cummings & Co. Realtors / Real Estate Agency
- Shelley Home Group / Real Estate Agent
Property Details for 56 Main St
- Year built
- 1920
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.23 lot acres
- Property size
- 14,700 SF
- Zone code
- CENTR
- Property type
- Office buildings
- APN
- 07-069073
- APU
- 7069073
Description
This exceptional office property, located at 56 West Main Street in Westminster, Maryland, offers a unique blend of historic charm and modern functionality. Built in 1920 and extensively renovated in 2024, this two-story building boasts 22,186 square feet of versatile space, ideal for a variety of office uses, including traditional and medical practices. The property features one building with multiple tenancies, offering flexible lease options ranging from 1,111 to a maximum contiguous 3,200 square feet. Situated in the heart of Westminster's business district within the Carroll County submarket, this high-image building provides convenient access to local amenities and major transportation routes. High-end finishes throughout create a sophisticated and professional atmosphere. Ample on-site parking is available for tenants and employees, along with prominent exterior building signage opportunities for enhanced visibility and brand recognition. This is a rare opportunity to secure prime office space in a thriving Maryland community. The property's zip code is 21157. The building's location offers excellent visibility and accessibility. This is an ideal location for businesses seeking a prestigious address and a modern, well-maintained workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,050,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,195,000
- 6.5%
- $1,380,000
- 7%
- $1,270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,115,000
- Geo Method
- $1,400,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,125,000
- Retail
- $1,290,000
- Mixed-Use
- $1,345,000
- Hospitality
- $1,155,000
- Educational
- $1,540,000
- Residential Income
- $1,535,000
- Energy
- $1,350,000
- Income-Based Land
- $1,450,000
- Food Service
- $1,320,000
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Carroll
- State
- Maryland
- Longitude
- -76.997
- Latitude
- 39.5768
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA