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Property profile & analytics
OFF-MARKET Estimated value $1,250,000
Office buildings

16 Washington St Easton, MD 21601-3196

6,456 SF 0.1 ac lot Built 1900
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US40-0294078
Property summary
AI-generated overview

This exceptional first-floor office space, ideally situated in the heart of downtown Easton, Maryland, offers 144 square feet of functional workspace. It's one of three available offices within a well-maintained building boasting a spacious shared lobby, a convenient shared kitchen, and a shared powder room. The location is unparalleled, providing easy access to local businesses, amenities, and the vibrant Easton community. Rent for this office includes all utilities, simplifying budgeting and management. Tenants are responsible for their own janitorial services. The property sits on a 0.1-acre lot. This move-in ready space is available immediately. Another similar office space is also available for lease at a monthly rate of $1,275.00. This presents a fantastic opportunity for a small business or individual professional seeking a highly desirable and convenient location in Easton's bustling downtown area. The shared amenities contribute to a professional and efficient work environment. Don't miss this chance to establish your business in a prime location. Inquire today to schedule a viewing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Construction BRICK
Total area 6,456 SF
Lot 0.1 ac (4,294 SF)
APN 01-003526
UPID US40-0294078
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Ferretly International, Inc. (Bike/Boat/Book/etc) Store Corporate Office
  • Jennings Christopher Law Firm
  • Kramer Alexis Law Firm
  • Ewing Dietz Fountain & Kaludis Law Firm
  • Wye Trust Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.36M
Blend (final) Blend
$1.25M
Owner & transaction history
16 North Washington Street LLC · 10 yrs held
16 North Washington Street LLC
since 2016
3 recorded transactions
2016
$800,000
2002
$775,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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