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Property profile & analytics
OFF-MARKET Estimated value $545,000
Retail space

342 Aurora St Easton, MD 21601-3696

5,660 SF 0.33 ac lot Built 1940
Entity Owned 6-yr Hold Free & Clear
Property ID
US40-2276265
Property summary
AI-generated overview

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 profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1940
Construction BRICK
Total area 5,660 SF
Lot 0.33 ac (14,190 SF)
APN 01-007130
UPID US40-2276265
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Easton Appliance Center Home Appliance Store Hardware & Home Improvement
  • reMARKable Kitchens & Designs LLC Hardware & Home Improvement Kitchen & Bath Showroom
  • Europa Tile & Stone General Contractor Renovation Specialist
  • The Tipsy Gypsy Mobile Bar Take-out & Catering Catering Service
  • Aurora Vines and Vibes Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$678k
Blend (final) Blend
$545k
Owner & transaction history
Fairway PC LLC · 6 yrs held
Fairway PC LLC
since 2019
3 recorded transactions
2019
$530,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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