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46-B Thomas Johnson Drive

FREDERICK, MD 21702
  • $950,000
  • STATUS: Active
  • ON SITE: 236 Days
  • ID#: MDFR2044798
UPDATED: 43 min ago
$950,000
  • 0
    BEDS
  • 1.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
2002
County:

School Ratings & Info

Description

AUCTION on CREXI WebSite: October 7-10, 2024Introducing the Frederick Professional Medical Center located at 46B Thomas Johnson Frederick, MD 21702. This rare investment opportunity offers a free-standing, 2-story medical building in the heart of the bustling Frederick Medical Corridor. Currently, the first floor houses Maryland Oncology Hematology, an esteemed affiliate of the US Oncology Network, with 15 other locations. With 104 parking spots and a total lot size of 1.89 acres, this property presents a chance to secure a credit tenant for mortgage payments while enjoying a 10,000 SF vacant unit ideal for personalized use, originally built as a radiology center. Strategically positioned adjacent to Route 15, with high visibility from 11,000 vehicles daily and surrounded by the prestigious John Hopkins Community Physicians, the Frederick Professional Medical Center boasts a prime location. Within a 10-minute drive, you'll find a population of 66,136 with a median household income of $87,432 and a median net worth of $212,274. Don't miss out on this lucrative opportunity in the $187 million medical healthcare market! IMPORTANT: Do not disturb the tenant upstairs. All showings are done through the listing agent. OPEN HOUSE: on October 4th, 2024 at 10:00 AM -12:00 PM.*Free-Standing 2-Story Medical Building*Brand New Roof installed in 2023*$295,067/year NOI in 2023*3% Escalation Annually*Proforma NOI $566,777/year*Potential Additional Income of $271,710/year from Ground Floor Unit*Across from John Hopkins Community Physicians Building*Adjacent to Route 15*Visible by 11,000 Vehicle Per Day*Located in Frederick Medical Corridor

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-13T14:53:10.86.
www.suresalesgroup.com/homes/147723920
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46-B Thomas Johnson Drive FREDERICK, MD 21702

  • Price: $950,000
  • Status: Active
  • On Site: 236 Days
  • Updated: 43 min ago
  • ID#: MDFR2044798
0
Beds
0
Baths
0
½ Baths
1.89
Acres
2002
Built
County:
Frederick
School District:
Frederick County Public Schools
Property Description
AUCTION on CREXI WebSite: October 7-10, 2024Introducing the Frederick Professional Medical Center located at 46B Thomas Johnson Frederick, MD 21702. This rare investment opportunity offers a free-standing, 2-story medical building in the heart of the bustling Frederick Medical Corridor. Currently, the first floor houses Maryland Oncology Hematology, an esteemed affiliate of the US Oncology Network, with 15 other locations. With 104 parking spots and a total lot size of 1.89 acres, this property presents a chance to secure a credit tenant for mortgage payments while enjoying a 10,000 SF vacant unit ideal for personalized use, originally built as a radiology center. Strategically positioned adjacent to Route 15, with high visibility from 11,000 vehicles daily and surrounded by the prestigious John Hopkins Community Physicians, the Frederick Professional Medical Center boasts a prime location. Within a 10-minute drive, you'll find a population of 66,136 with a median household income of $87,432 and a median net worth of $212,274. Don't miss out on this lucrative opportunity in the $187 million medical healthcare market! IMPORTANT: Do not disturb the tenant upstairs. All showings are done through the listing agent. OPEN HOUSE: on October 4th, 2024 at 10:00 AM -12:00 PM.*Free-Standing 2-Story Medical Building*Brand New Roof installed in 2023*$295,067/year NOI in 2023*3% Escalation Annually*Proforma NOI $566,777/year*Potential Additional Income of $271,710/year from Ground Floor Unit*Across from John Hopkins Community Physicians Building*Adjacent to Route 15*Visible by 11,000 Vehicle Per Day*Located in Frederick Medical Corridor
Exterior Features

Construction Materials Concrete Garage YN No Parking Types Parking Lot Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 20000.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 20000.00

Property Features

Accessibility Features Level Entry - Main Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Hot Water Electric Municipality Frederick City Navigable Water YN N Net Operating Income 571710.00 New Construction YN No Number Of Units Total 1 Original MLSNumber 802873886050 Ownership Interest Fee Simple Property Sub Type Office Sale Type Auction Sewer Public Sewer Tax Annual Amount 69734.00 Tax Lot 4C Vacation Rental YN No Water Source Public Zoning GC

Listing courtesy of Coldwell Banker Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or SURE Group | Berkshire Hathaway Home Services Homesale Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-10-13T14:53:10.86.
 
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SURE Group | Berkshire Hathaway Home Services Homesale Realty
3500 Boston Street
Baltimore MD, 21224