499 Idlewild Avenue Easton, MD $ 7,000,000
499 Idlewild Avenue
$ 7,000,000
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499 Idlewild Avenue

Easton, MD, 21601
$ 7,000,000
Bedrooms-- Baths-- Sq 20,000

Monthly Estimate*

$ 43,671

499 Idlewild Avenue, Easton, MD 21601 - Image 1
499 Idlewild Avenue, Easton, MD 21601 - Image 2
499 Idlewild Avenue, Easton, MD 21601 - Image 3
499 Idlewild Avenue, Easton, MD 21601 - Image 4
499 Idlewild Avenue, Easton, MD 21601 - Image 5
499 Idlewild Avenue, Easton, MD 21601 - Image 6
499 Idlewild Avenue, Easton, MD 21601 - Image 7
499 Idlewild Avenue, Easton, MD 21601 - Image 8

Commercial Property for sale in Easton, MD

for $7,000,000. This 20,000 square foot building was built in 2021.

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

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Commercial Active

Price

$ 7,000,000

Property Type

Commercial

Taxes

$ 38,435

Style

Professional,Medical

Year Built

2021

Town/City

Easton

County/Region

Talbot

MLS | Web ID

MDTA2004014

Features
Interior
Heating Fuel Other
Hot Water Other
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Other
Possession Negotiable
Zoning COMMERCIAL
Construction Materials Brick
Year Built 2021
Electric Other
Property Subtype Office
Tax Year 2023
Current Use Other
Ownership Other
Cool Fuel Electric
Municipality Easton
Business Type Professional Medical Other
Accessibility Level Entry - Main
County TALBOT
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Located just off US Route 50 in Easton on Idlewild Avenue.
City EASTON
Number Of Units Total 1
Tax Annual Amount 38435.0
Property Condition Excellent
Price Per Sq Ft Total AG 350.0
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision *
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Exterior
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 20000.00
Waterfront Y/N N
Land Assessed Value 481800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 499
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* Excluded Features
List By
Nai Coastal

Broker

chelsye@naicoastal.com

Email

Affordability Calculator

$46,874
Per Month
93%
7%
0%
Monthly Principal & Interest
$43,671
Monthly Property Taxes
$3,203
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/3/2022$5,390,000 Listed Price

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499 Idlewild Avenue, Easton, MD, 21601 is a Commercial Property for sale at $7,000,000 with 20,000 sqft. 499 Idlewild Avenue was built in 2021. The property's zip code is 21601 which is in Easton, MD