Overview
Owner-User/Investment, Medical-Office For Sale
Rosso Commercial has exclusively been retained to sell 2448 Holly Ave, a 30,000 SF +/- medical-office buildling located in Annapolis, MD.
This long standing, well appointed building is centrally located in the Town Centre district of Annapolis with easy access to major highway systems (Rt. 50/I-97). The building has a mix of medical and office related businesses with the 4th floor being a surgical center (formely used by a plastic surgery group).
Key facts:
TOTAL GLA: 30,731 SF +/-
OCCUPANCY: 50% +/-
*Ability for Owner-User to Occupy up to 15,000 SF +/-*
EXISTING TENANTS: 7
PARKING: Surface & Covered, totaling Approximately 105 spaces (Approx. 5 per 1,000 SF)
TYPICAL FLOOR: 7,600 SF +/-
LAND: 0.87 Acres
ZONING: TC (Towne Centre)
CONSTRUCTION: Masonry
SPRINKLERED: Yes
ELEVATOR: Yes
Contact Broker for more details.
Investment Highlights
WELL APPOINTED OFFICE-MEDICAL BUILDING
- » Professional Office-Medical Building located just off West St. with easy access to multiple major Highways and main aerial roadways, including: 1-97, Rt. 50, Rt. 2, etc.
- » 30,731 SF Commercial Building situated on 0.87 acres, Zoned TC (Towne Centre) with abundant parking (surface and covered) + exposure to West St/Rt. 2.
RECENT CAPITAL IMPROVEMENTS
» In 2023, Ownership spent $156k on the parking deck and concrete repairs
» 2024 - Ownership in planning stages to update exterior facade
VALUE-ADD OPPORTUNITIES & OWNER-USER/ INVESTMENT
» The West Court Building provides a new owner with the unique opportunity to occupy up to 15,000 SF +/-
» Lease Up of Current Vacancies
» Ability to offer and capture diverse Tenant mix with flexible space sizes
Photo Gallery
Sales Team
