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499 Idlewild Ave Easton, MD 21601

For Sale
$7,000,000

20,000 SF Class A medical office building for sale.

Property size:
20,000 SF

Property Features for 499 Idlewild Ave

General Information

Size
20,000 SF

Building Details

Year built
2019

Source: Chelsye Phillips-Hutton Agent Chelsye Phillips-Hutton

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Easton Medical Corridor Investment Opportunity

Located at 499 Idlewild Ave., Easton, MD, this commercial real estate offers a unique investment opportunity in the Easton medical and professional corridor. The property features a 20,000 square foot building constructed in 2019, with 100% occupancy. The current tenants all have terms exceeding five years and demonstrate strong financial and tenancy records. The 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. This acquisition provides investors with 20,000 square feet of Class A medical and professional office space, constructed to exceed building efficiency code requirements and provide ample parking. The building is located just off of Route 50, and its proximity to the University of Maryland Shore Medical Center (0.50 miles) and downtown Easton offers easily-accessed amenities and quality restaurant options, making it an attractive option for any tenant seeking space within this market. It is an income-producing property.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Shore Legal Access, ... Legal Services O'Donnell Vein & Laser Surgical Center CoreLife Weight Loss Service Regenerative Orthopedics and Sports ... Sports Medicine Clinic Phoenix Physical Therapy Physical Therapy Clinic

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

Similar Places Nearby

Midshore Veterinary Service, East Coast Vets, Kerns Jennifer DVM, Chesapeake Veterinary House Clls: Matsche Carine DVM, Mobile Comm-Dip

Location Insight

  • Map
  • Local Demand
City
Easton
County
Talbot
State
Maryland
Longitude
-76.0695491
Latitude
38.76522

FAQs

What type of property is this?
Medical office - 20,000 SF Class A medical office building for sale.
Where is this medical office located?
The property is located at 499 Idlewild Ave Easton, MD.
What is the asking price?
The asking price for this property is $7,000,000.
What are key features of this property?
This property features: - 100% Occupancy with strong tenants exceeding five-year terms, providing immediate income.; - Newly constructed (2019) 20,000 sq ft Class A medical/professional office space.; - Located in the Easton medical and professional corridor, adjacent to Route 50 and near the University of Maryland Shore Medical Center.
More about this property
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