Berlin Professional #107

314 Franklin Ave Berlin, MD 21811

Berlin
FOR SALE FOR LEASE
Property Type:
Single Tenant Office
Amount:
$295,000
Last Verified:
Dec 07, 2024

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Highlights


Description

Well maintained commercial condo unit currently made up of waiting room, reception area, several exam rooms, private office, a kitchenette, and a full bathroom. The Condo association maintains exterior and common areas making for low maintenance ownership.

Leasing opportunity in the Berlin Professional Center, the business park is home to a number of regional and national and regional professional and medical offices. Suite 107 is 1,741 square feet with multiple offices and exam rooms along with a reception, waiting and kitchenette areas.

Located in the Berlin Professional Center business park with convenient access from RT 50 and 113.


Year Built: 1995
Building Size: 1741sq ft
Building Class: B
Lot Size: 0.15 acres


Documents

314 Franklin #107

Units for Lease

Suite 107
Space Available: 1741 SF
Lease Type: NNN

Price Per Sqft/Month: $2031.00

Map of 314 Franklin Ave, Berlin, MD, 21811

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.