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499 Idlewild Avenue, Easton, MD 21601

$6,900,000
  • 499 Idlewild Avenue, Easton, MD 21601 Main Photo

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MLS#MDTA2004014
STATUSACTIVE PROPERTY TYPECommercial - Office SCHOOLTALBOT COUNTY PUBLIC SCHOOLS

Property Description

499 Idlewild Ave., Easton, MD Is a unique opportunity to own recently built, triple-net, commercial real estate in the Easton medical and professional corridor. This acquisition provides investors with an income-producing property consisting of a 20,000 square foot building constructed in 2019, offering 100% occupancy. Present tenants all exceed five-year terms with strong financial and tenancy records. This property has the potential to provide a desirable Return on Investment within the first few years of ownership, following a Pro Forma which reflects the pass through expenses, market comparable lease rates, and standard terms expected within the Easton professional market. Acquiring this property provides investors with 20,000 square feet of Class A medical and professional office, constructed to exceed building efficiency code requirements and provide ample parking. This building is within close proximity to Route 50, the University of Maryland Shore Medical Center (0.50 miles), and downtown Easton which offers easily-accessed amenities and quality restaurant options.

499 Idlewild Avenue | MLS# MDTA2004014

This commercial property located at 499 Idlewild Avenue, Easton, MD 21601 is currently listed for sale with an asking price of $6,900,000. Idlewild Avenue is located within the TALBOT COUNTY PUBLIC SCHOOLS school district. Search Easton real estate on www.bryclynandshannon.com today.

Property Features

Property Type: Commercial - Office
Heating: Heat Pump(s)
Taxes: $38,435
Year Built: 2021

Feature Descriptions

Accessibility: Level Entry - Main
Exterior: Brick
Municipality: Easton
Sewer: Public Sewer
Total Garage/Parking Spaces: 90
Units: 1
Water: Public

Local Schools

School District: TALBOT COUNTY PUBLIC SCHOOLS

Listed By / Shown By

Listed By

Agency Name: NAI Coastal
Agency Phone: 4105435115

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