Easton Medical/Professional Office
For Sale
$6,900,000
499 IDLEWILD AVENUE, Easton, MD 21601
20,000 SF Class A medical/professional office building for sale.
Property Size20,000 SF
Price / SF$345
Days on Market1430
Property Features for 499 IDLEWILD AVENUE
General Information
Standard status
Active
Size
20,000 SF
Total Parking Spaces
90
Zoning
COMMERCIAL
Taxes and HOA fees
Annual Taxes
$38,435
Amenities
Other, Electric
Heat Pump
Parking Lot
Building Details
Building Size
20,000 SF
Year Built
2021
Listing Agency:
NAI Coastal
Listed By:
Chelsye Phillips-Hutton · License ##5007104
(443) 513-0682
Source:
Evrealestate
Added: Oct 10, 2022
Changed: Sep 8
Last Checked: Sep 8 at 6:33AM
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 NAI Coastal
Investment Insights
Based on property information with market context.
Located in the Easton medical and professional corridor, 499 Idlewild Ave., Easton, MD, presents an opportunity to acquire a recently constructed, triple-net, commercial property. Built in 2019, this 20,000 square foot building is currently 100% occupied by tenants with lease terms exceeding five years and strong financial records. The Class A medical and professional office space was constructed to exceed building efficiency code requirements and provides ample parking. Its location near Route 50, the University of Maryland Shore Medical Center (0.50 miles), and downtown Easton provides convenient access to amenities and restaurants, making it an attractive option for tenants. The property offers potential for a significant Return on Investment within the initial years of ownership, based on a projected Pro Forma reflecting market rates and standard escalation terms in the Easton professional space market.
Key Highlights
- 100% occupancy with tenants exceeding five‑year terms and strong financial records.
- 20,000 square feet of Class A medical and professional office space.**
- Built in 2021, exceeding building efficiency code requirements.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,167
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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- Chesapeake Veterinary House Clls: Matsche Carine DVM — Easton, MD 21601
Frequently Asked Questions
What type of property is this?
Medical Office Space - 20,000 SF Class A medical/professional office building for sale.
Where is this medical office space located?
The property is located at 499 IDLEWILD AVENUE Easton, MD.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: 100% occupancy with tenants exceeding five‑year terms and strong financial records.; 20,000 square feet of Class A medical and professional office space.**; Built in 2021, exceeding building efficiency code requirements.
