499 IDLEWILD AVE, Easton, MD 21601
499 IDLEWILD AVE, Easton, MD 21601
499 IDLEWILD AVE, Easton, MD 21601
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John Coleman

John Coleman

+1(202) 427-9689
Listed by Chelsye Phillips-Hutton • NAI Coastal
$6,900,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDTA2004014

HOA Y/N N

Year Built 2021

Annual Tax Amount $38,435

Tax Year 2023

Property Sub-Type Office

Source BRIGHT

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.

Location

State MD

County Talbot

Zoning COMMERCIAL

Interior

Hot Water Other

Heating Heat Pump(s)

Cooling Other

Heat Source Other

Exterior

Garage Spaces 90.0

Water Access N

Accessibility Level Entry - Main

Total Parking Spaces 90

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Talbot County Public Schools

Others

Tax ID 2101027654

Ownership Other

Special Listing Condition Standard

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499 IDLEWILD AVE

John Coleman
John Coleman

REALTOR® | OWNER | License ID: SP98375761

+1(202) 427-9689 | john@colemanresidential.com

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