Fully occupied 17,000+sq ft office building in downtown Prince Frederick consisting of 25 office suites. Located within walking distance to the Calvert County municipal buildings and the court houses. Approx 75% of the units have been renovated including luxury vinyl plank flooring and new paint, upgraded moldings, updated bathrooms, new energy efficient light fixtures and wifi thermostats, several new HVAC units, and a architectural shingle roof. There is opportunity to improve the remaining 25% of units to realize that rental increase upon re-renting them. This is a true turn-key opportunity with all service contracts in place and all leases in place with annual increases built in.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 2nd April, 2023 5:09 AM (UTC)