About 499 Idlewild Ave
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
Features of 499 Idlewild Ave
| MLS® # | MDTA2004014 |
|---|---|
| Price | $7,000,000 |
| Bathrooms | 0.00 |
| Square Footage | 20,000 |
| Acres | 0.00 |
| Year Built | 2021 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 499 Idlewild Ave |
|---|---|
| City | EASTON |
| County | TALBOT-MD |
| State | MD |
| Municipality | Easton |
| Zip Code | 21601 |
Amenities
| Is Waterfront | No |
|---|
Interior
| Heating | Heat Pump(s) |
|---|---|
| Cooling | Other |
| Has Basement | No |
| Fireplace | No |
Exterior
| Exterior | Brick and Siding |
|---|
School Information
| District | TALBOT COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | October 3rd, 2022 |
|---|---|
| Days on Market | 1108 |
| Zoning | COMMERCIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | NAI Coastal |
|---|---|
| Contact Info | (410) 543-5115 |