9315 Ocean HwyDelmar, MD 21875

For Sale
$1,987,500

Delmar, MD Medical Office Building - Vacant

Overview

Added:
Dec 11, 2024
Days on market:
92
This Class A, 13,000 square foot medical office building, situated on 3.96 acres in Delmar, Maryland, presents a unique investment opportunity. Built in 2005, the property features a 7,500 square foot surgery center, a 3,500 square foot medical office, and a 2,300 square foot second-floor space, each with its own entrance and utilities. The building boasts a covered drop-off/pick-up area and is currently vacant. The surgery center portion includes four operating rooms and a substantial recovery area, previously used as an outpatient endoscopy center. The property's strategic location on Route 13, between Salisbury and Delmar, MD/DE, provides convenient access to Wicomico and Sussex Counties. A significant advantage is the inclusion of an additional 2.5 acres of buildable land adjacent to the building, complete with entrance, pylon signage, and common stormwater management already in place. This additional land offers potential for expansion, future development, or separate sale. The building is offered at $1,987,500, or $2,480,000 including the adjacent land. The asking price for the additional 2.5 acres is $500,000. The property is adaptable and could be converted to traditional professional office space. The building is in excellent condition and offers a strong layout. The property's location serves multiple jurisdictions and caters to a market with a high demand for gastroenterologists. This is a turnkey opportunity for investors seeking a prime medical facility or a multi-faceted commercial development.

Highlights

  • 13,000 SF Class A medical office building with surgery center in Delmar, MD.
  • Excellent condition with efficient layout.
  • Strategic Route 13 location serving Wicomico and Sussex Counties.
  • 2.5 acres of adjacent buildable land with existing infrastructure, offering expansion or separate sale potential.
  • High demand for gastroenterologists in the area.

Property Details for 9315 Ocean Hwy

Property type
Other office properties, Medical offices
Square Feet
13,000 SF
Class
A
Year Built
2005
Lot Size (sq. ft)
172,498 SF

Location Insight

City
Delmar
County
Wicomico
State
Maryland
Latitude
38.4481515
Longitude
-75.558941
9315 Ocean Hwy, Delmar, Maryland

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9315 Ocean Hwy
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