For Sale $980,000
New Offering! Existing 8,100 Sqft Medical Office building in OR-1 Zoning for Sale separate from development parcels for $980,000!
Additional vacant land parcels available for package purchase for redevelopment for $2M as follows:
The Wilton Springs Residential and Commercial Medical Office Complex & Surgery Center is a proposed redevelopment of the Maiden Choice Medical Center property owned by Dr. Norberto Machiran and his family on Maiden Choice Lane in Catonsville, Maryland. The following pages will provide an outline of the property offering, the parcels included in the sale and supporting documentation for the redevelopment for purchase and investment consideration.
The proposed Wilton Springs Residential and Commercial Medical Office Complex & Surgery Center combines three parcels of land with an existing Medical Office building. Taken together, there is 11.695 acres of land, 8,100 square feet of existing office space and access to more than 100 parking spaces.
The Making of Maiden Choice Medical Center
A history of the existing buildings as provided by owner
The Maiden Choice Medical Center was originally developed in 1985 and is the only condominium medical office complex in the area. The campus consists of the original buildings, labeled “A” and “B” on the attached campus map illustration, constructed in 1957 and consisting of 12,000 square feet of medical office space. The new buildings were added in 1991, labeled “C” and “D” on the attached campus map illustration, consisting of 17,301 and 25,018 square feet, respectively.
A Vision for Wilton Springs as a Residential/Medical Office Complex and Surgery Center
The existing Maiden Choice Medical Center is located across from the Charlestown Retirement Community. Originally developed in 1983 by Erikson Retirement Communities, Charlestown is one of the largest retirement communities in Maryland.
The success of the Charlestown Retirement Community and increased demands for housing health care might suggest that a redevelopment of the Maiden Choice Medical Center is in order. The combination and composition of property offerings and the Density Residential and Office Zoning designations provide necessary redevelopment support.