506 Brookletts Ave Easton, MD 21601-3853
This exceptional 7,500 square foot flex space property in Easton, Maryland, presents a unique investment opportunity. Located at 506 Brookletts Ave, this Class B property, built in 1978, comprises two buildings on one acre of land, offering a total of 20 suites across two stories. The property features six drive-in bays and 25 parking spaces, catering to diverse business needs. Currently, 7,500 square feet is available for lease. The minimum leasable space is the entire 7,500 square feet. Building A includes a first-floor retail storefront ranging from 1,800 to 2,200 square feet, complete with office space and a fireproof walk-in safe. The second floor of Building A offers up to 15 individual offices, adaptable to various configurations, ideal for startups, individual professionals, or manufacturers' representatives. The property is situated within an Opportunity Zone and the new East End Small Area Plan, offering significant potential for growth and development. Zoned BC, the property's APN is 2101052160. Three units are currently leased. This property offers a compelling blend of retail and office space, making it an attractive option for a variety of businesses. The property's location at the intersection of Brookletts Avenue and Kemp Street in Easton, Maryland, zip code 21601, provides convenient access to local amenities and transportation routes.
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Baxter Soft Crabs Inc Big Box & Wholesale Store
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Harry W Heinsohn Inc Construction Company General Contractor
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Services Freight Service Logistics Company
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Dinah's Custom Creations (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.