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Commercial Condo with Long-Term Tenant
For Sale
$1,550,000

1-503 Cynwood Dr, Easton, MD 21601

Commercial condo offered for sale with a long-term lease to an established tenant.

Property Size5,500 SF
Price / SF$281.82
Days on Market66

Property Features for 1-503 Cynwood Dr

General Information

Standard status Active
Size 5,500 SF
Zoning Commercial

Taxes and HOA fees

Annual Taxes $14,920

Building Details

Tenancy Single
Listing Agency: Benson & Mangold, LLC
Listed By: Brian Gearhart · License #510143
Source: Exprealty
Added: Jul 2 Changed: Aug 23 Last Checked: Sep 5 at 1:21PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Benson & Mangold, LLC

Investment Insights

Based on property information with market context.

This for-sale commercial condo totals 5,500+/- square feet and is presented in excellent condition. The space is currently leased to a well-established tenant under a long-term lease.

The property is zoned commercial and is positioned for visibility, with plenty of parking available on site.

Given the zoning and existing tenancy, the configuration is suited for medical or related business use.

Key Highlights

  • Approximately 5,500+/- SF commercial condo
  • Long‑term lease with an established tenant
  • Zoned commercial, suitable for medical or related business use

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Parking Lot & Garage Bakery Auto Parts Store Carpet & Flooring Store Electrical Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

747
Businesses Nearby
Balanced
Demand for This Use

Demographics for 21601, MD

23,945
Population
11,609
Households
2.1
Avg Household Size
48
Median Age
41%
College-Educated
92%
High-School Grad
107.1 sq mi
ZIP Area
224
Density / Sq Mi
$81,837
Median Household Income
$48,859
Median Earnings
$1,229
Median Rent
$370,300
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Commercial condo offered for sale with a long-term lease to an established tenant.
Where is this medical office space located?
The property is located at 1-503 Cynwood Dr Easton, MD.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: Approximately 5,500+/- SF commercial condo; Long‑term lease with an established tenant; Zoned commercial, suitable for medical or related business use
More about this property
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