Property profile

123 Washington St Easton, MD 21601

OFF-MARKET
Office buildings
Property ID
US40-0341496
5,242 SF 0.12 ac lot Built 1954
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail space, located at 123 S Washington Street in Easton, Maryland, offers a unique opportunity for businesses seeking a vibrant downtown location. The property, a newly constructed three-story building completed in 2024 and renovated in 2025, boasts a total of 11,400 square feet, with 3,369 square feet currently vacant and available for lease. The minimum divisible space is 1,684 square feet, allowing for flexibility depending on tenant needs. The maximum contiguous space available is 3,369 square feet. The building is zoned CR, providing ample opportunities for various retail uses. Twelve parking spaces are available for tenant and customer use. This prime location in the heart of Easton's revitalized downtown area offers excellent visibility and accessibility, ensuring high foot traffic and easy access for customers. The property's modern design and recent renovations provide a clean, contemporary space ready for immediate occupancy. The surrounding area is known for its thriving community, numerous amenities, and exciting prospects for businesses. This is an ideal opportunity to establish a presence in a dynamic and growing market. The property is situated at 123 S Washington St, Easton, MD 21601.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1954
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,242 SF
Lot 0.12 ac (5,042 SF)
APN 01-005219
UPID US40-0341496

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Hair Salon Skin Care Clinic
  • Medical Clinic Skin Care Clinic

Location

123 Washington St Easton, MD 21601-3127
Easton metro Census 960300 EASTON, MD MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$582k
Blend (final) Blend
$290k

Owner & transaction history

since 2023
7 recorded transactions
2023
Price N/A
2023
Price N/A
2022
$400,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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