908 Washington Rd, Unit AH Westminster, MD 21157-3865
- Office Properties & Spaces
- 3,888 SF
- 0.57 lot acres
Jun 23, 2025
Current Use by Public Records
- Office Properties & Spaces
Property Details for 908 Washington Rd
- Lot size
- 0.57 lot acres
- Property size
- 3,888 SF
- Zone code
- R-100
- Property type
- Office Properties & Spaces
- APN
- 07-110472
- APU
- 7110472
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $585,000
- ML approach
- $595,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $485,000
- 6.5%
- $445,000
- 7%
- $415,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $491,000
- AI Estimate
- $540,000
Market price range: $277k - $822kMarket price range: $248k - $940k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $570,000 Current use
- RETAIL STORES
- $810,000 Change: +42% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $675,000 Change: +19% Conversion: Difficult
- WAREHOUSE, STORAGE
- $455,000 Change: -20% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Carroll
- State
- Maryland
- Longitude
- -76.9924
- Latitude
- 39.5488
- CBSA code
- 12580
- CBSA name
- BALTIMORE-TOWSON, MD METROPOLITAN STATISTICAL AREA