(443) 480-1181
Listing photo for 499 Idlewild Ave, EASTON, MD
Listing photo for 499 Idlewild Ave, EASTON, MD
Listing photo for 499 Idlewild Ave, EASTON, MD
Listing photo for 499 Idlewild Ave, EASTON, MD
Listing photo for 499 Idlewild Ave, EASTON, MD
Listing photo for 499 Idlewild Ave, EASTON, MD
Listing photo for 499 Idlewild Ave, EASTON, MD
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499 Idlewild Ave,

EASTON, MD

$7,000,000

20,000 Sqft

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 85% occupancy with a remaining +/- 3,000 square feet to lease or operate. 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. The remaining vacant +/-3,000 square feet is in raw shell condition, providing future tenants optimal architectural and construction flexibility in designing their individualized floor plans. 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

Facts & Features
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 570
Zoning COMMERCIAL
Foreclosure No
Short Sale No
RE / Bank Owned No
Listing Details
Office NAI Coastal
Office Contact (410) 543-5115
Photo of Richard Budden

Richard Budden

Cell: (443) 480-1181
Print Contact Agent

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Listing information last updated on April 24th, 2024 at 9:16am EDT.