Property summary
This exceptional Westminster, MD commercial property, located at 908 Washington Rd, presents a unique investment opportunity. Built circa 1920, this 4,883 square foot, single-tenant traditional office building boasts significant historic character within a well-maintained condominium office park setting. Recent updates include a new roof (2020). The building features 18 private offices, a conference room with a functional fireplace, six bathrooms, a spacious waiting area, ample storage, and a main reception area. Architectural details are preserved in the conference room, while the partially finished basement adds another level of usable space, including a historic cast iron caldron with wood stove and crane. Conveniently situated off Route 32, it offers easy access to Carroll Hospital Center, the Farm Museum, county office buildings, the courthouse, and downtown Westminster. The 0.57-acre lot provides convenient on-site parking maintained by the condo association, along with common area and grounds upkeep. Zoned commercial, this property is ideally suited for a variety of professional services, including mental health practices, counseling services, trade organizations, real estate offices, or co-working spaces. This is a rare opportunity to acquire a beautifully maintained, historically significant building in a highly desirable location.
Property profile
VerifiedCap rate & NOI
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
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-100 · Westminster, MDZoning
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Zoning designation
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The district profile from the municipal source: what is on file for R-100 in Westminster, MD.
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