499 IDLEWILD AVE, Easton, MD 21601
499 IDLEWILD AVE, Easton, MD 21601
499 IDLEWILD AVE, Easton, MD 21601
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Listed by Chelsye Phillips-Hutton • NAI Coastal
$6,900,000
Est. payment /mo
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499 IDLEWILD AVE Easton, MD 21601

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Matthew Curcio

Matthew Curcio

+1(856) 207-7592

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 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

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

Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Matthew Curcio

Matthew Curcio

Broker Associate & Team Leader | License ID: 0121845

+1(856) 207-7592

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499 IDLEWILD AVE

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