499 Idlewild Ave

Easton, MD 21601
  • $7,000,000

    Price
  • 0

    Bed
  • Bath
  • 20,000

    SqFt

About the Listing NAICT1 - 3325259

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

Listing Highlights for 499 Idlewild Ave

Status Active
Days on Site 1072
Property Type Commercial Sale
MLS ® MDTA2004014
Year Built 2021
Total Square Footage 20,000
Lot/Acreage N/A
County Talbot

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond:
  • Heating: Heat Pump(s)
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Not New Construction,Horse Property: No,In City Limits
  • Garage Capacity: N/A
  • Parking Spaces: 90
  • Zoning: COMMERCIAL
  • Roof:
  • Others: Excellent
  • Sewer: Public Sewer
  • Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces

Financial Details

  • Tax Amount: $38,435
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2023

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Listing Location

Questions About..

499 Idlewild Ave Easton, MD 21601

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Originating MLS: BRIGHT_MAIN

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