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Medical-Ready Office Condo Suite
For Sale
$1,550,000

503 CYNWOOD DRIVE #1, Easton, MD 21601

Well-maintained commercial condo with an in-place long-term tenant lease in a commercial zone.

Property Size5,508 SF
Price / SF$281.41
Days on Market103

Property Features for 503 CYNWOOD DRIVE #1

General Information

Standard status Active
Size 5,508 SF
Property subtype Commercial
Zoning Commercial

Building Details

Year Built 2003
Tenancy Single
Listing Agency: Benson & Mangold, LLC
Listed By: Brian Gearhart · License #510143
Source: Cummingsrealtors
Added: May 13 Changed: Aug 23 Last Checked: Aug 23 at 8:37AM

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 Benson & Mangold, LLC

Investment Insights

Based on property information with market context.

This offering is a 5,500+/- square foot commercial condo unit in excellent condition. The space is configured as an office-style suite suitable for medical or related professional uses, supported by the property’s commercial zoning designation.

The property is located at 503 Cynwood Drive #1 in Easton, Maryland. The listing notes great visibility and plenty of parking, both of which are typically important considerations for patient and customer access as well as day-to-day staff arrival.

For buyers or investors seeking a stabilized office asset, the unit is currently leased under a long-term arrangement with an established tenant. The combination of an in-place tenant, commercial zoning, and a condition described as excellent provides a practical fit for operators and investors looking for an office condo structured for medical or closely related business activity.

Key Highlights

  • 5,500+/- SF commercial condo built in 2003
  • In‑place long‑term lease with an established tenant
  • Commercial zoning suitable for medical or related business use

Property Analytics

Current Use

Eglseder III Ludwig ... Pediatrician Dr. Martin Forrest, ... Physician Hill's Home Health ... Medical Supply Store James Myers Pharmacy Lisa Townsend Pharmacy

Suggested Use

Top Pick Bakery Parking Lot & Garage Auto Parts Store Carpet & Flooring Store Electrical Service Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

747
Businesses Nearby

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Well-maintained commercial condo with an in-place long-term tenant lease in a commercial zone.
Where is this office units located?
The property is located at 503 CYNWOOD DRIVE #1 Easton, MD.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 5,500+/- SF commercial condo built in 2003; In‑place long‑term lease with an established tenant; Commercial zoning suitable for medical or related business use
More about this property
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