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 significant Return on Investment within the first few years of ownership, following a projected Pro Forma which reflects market rate and standard escalation and terms in the Easton professional space 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's proximity to Route 50, the University of Maryland Shore Medical Center (0.50 miles), and downtown Easton offers easily-accessed amenities and quality restaurant options, making this an attractive option for any tenant seeking space within this market
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
Shown By
Agent Name: The Jesse Hersh Team
Agent Phone: (717) 475-0378
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
First American
Corporate Office - 215 S Centerville Rd. Lancaster, PA 17603
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 $7,000,000. Idlewild Avenue is located within the TALBOT COUNTY PUBLIC SCHOOLS school district. Search Easton real estate on www.jessehershteam.com today.