request_info_guest false

1771 W Pulaski Hwy

$699,990

1771 W Pulaski Hwy, Elkton, MD 21921

Active
Last Updated: 10/21/2025

8.5

Cap Rate

59,556

NOI

Details:
Cap Rate:    8.5%
NOI:    $59,556
Building Size:    4,359 sqft
Year Built:    1985
Price Per Sqft:    $160.58
Zoning:    BG
Roof:    Shingle
Highlights:
  • Days on Market: 75
  • Parking Features: Handicap Parking
  • Heating: Forced Air
Description:

Excellent location medical center building that can continue its current use, or be repurposed for a new medical related use, or non-medical business, office, professional services, etc.. Adjacent to Elkton's and Cecil County's landmark high customer traffic Weaver's Discount Mart. Solar panels on roof generating solar rebates. Over $250,000 in renovations/upgrades/maintenance performed since 2012 , list is included, refer to "documents" tab.
Maryland annual average daily traffic count 30,685.
1st floor approx. 2,358 sq ft.
basement approx. 2,238 sq ft.

BUILDING HIGHLIGHTS
Renovations, Upgrades History since Year 2012:

2012:
basement, removed drop ceilings
and replaced
with acoustic ceiling, remodeled client bathroom.

2013:
Roof Replacement
reconfigured electric and phone system

2014:
reconfigured walls, added exam room

2015:
added driveway on side

2016:
added solar $70,000 cost,
new gas heating, duct work, and air conditioning unit

2017:
replaced siding and windows, entire building
added insulation

2017:
remodeled basement
added 4th exam room

2018:
Replaced floors
Replaced sinks in exam rooms

2019:
new phone system, ethernet, and lighting

2021:
Renovated entire Reception Area

2022:
Installed entirely new waterproofing system in the basement with Anchor Systems
Lifetime Warranty

All current maintenance is done by CareVet excluding roof and external walls.

*** SHOWINGS BY APPOINTMENT ONLY, DO NOT VISIT THE PROPERTY WITHOUT A REALTY AGENT/BROKER THAT HAS A CONFIRMED APPOINTMENT, THANK YOU ***

Map:
Location
Gallery