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    342 Aurora St Easton, MD 21601

    For Sale
    $950,000

    Three Leased Units, Prime Easton Location

    Property size:
    5,660 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional Easton, MD investment opportunity presents a trifecta of commercial income streams. Located at 342 N Aurora Street N, Units A and B, this 5,660 square foot property sits on a 0.33-acre lot and offers three fully leased units, ideal for a 1031 exchange buyer seeking a stable, long-term investment. The property's high-visibility location ensures maximum exposure for tenants, while ample parking provides exceptional convenience for customers and employees. The three separate leases offer diversification and a consistent revenue stream, minimizing risk and maximizing return. The versatile space is suitable for a variety of commercial uses, including retail, office, or other commercial ventures. Its prime location and attractive features make these units highly desirable and easily leasable, ensuring a strong tenant base and consistent rental income. The property's excellent access and ample parking further enhance its appeal to potential tenants, contributing to its strong leasing history. This is a turnkey investment opportunity with significant potential for long-term growth and profitability. The current leases provide immediate cash flow, making this an attractive option for investors seeking a stable and reliable return on their investment. Don't miss this chance to acquire a well-established, high-performing commercial property in a thriving Easton, MD location.

    Property Features for 342 Aurora St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,660 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1940
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Easton Appliance Center Appliance Store reMARKable Kitchens & Designs ... Kitchen Remodeler Europa Tile & Stone Tile Contractor The Tipsy Gypsy Mobile ... Mobile Caterer Aurora Vines and Vibes Breakfast Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Easton
    County
    Talbot
    State
    Maryland
    Longitude
    -76.07165
    Latitude
    38.78248

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    FAQs

    What type of property is this?
    Commercial real estate - Three Leased Units, Prime Easton Location
    Where is this commercial real estate located?
    The property is located at 342 Aurora St Easton, MD.
    What is the asking price?
    The asking price for this property is $950,000.
    (410) 822-6665
    Request Owner's contact information
    342 Aurora St Easton, MD 21601
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    Easton, MD 21601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    342 Aurora St Easton, MD 21601
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