499 IDLEWILD AVE, Easton, MD 21601
499 IDLEWILD AVE, Easton, MD 21601
499 IDLEWILD AVE, Easton, MD 21601
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Listed by Chelsye Phillips-Hutton • NAI Coastal
$6,900,000
Est. payment /mo
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499 IDLEWILD AVE Easton, MD 21601

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID MDTA2004014

HOA Y/N N

Year Built 2021

Annual Tax Amount $38,435

Tax Year 2023

Property Sub-Type Office

Source BRIGHT

Property Description

499 Idlewild Ave., Easton, MD Is a unique opportunity to own recently built, triple-net, commercial real estate in the Easton medical and professional corridor.

This acquisition provides investors with an income-producing property consisting of a 20,000 square
foot building constructed in 2019, offering 100% occupancy. Present tenants all exceed five-year terms with strong financial and tenancy records. This property has the potential to provide a desirable Return on Investment within the first few years of ownership, following a Pro Forma which reflects the pass through expenses, market comparable lease rates, and standard terms expected within the Easton professional market.

Acquiring this property provides investors with 20,000 square feet of Class A medical and professional
office, constructed to exceed building efficiency code requirements and provide ample parking. This
building is within close proximity to Route 50, the University of Maryland Shore Medical Center (0.50 miles), and
downtown Easton which offers easily-accessed amenities and quality restaurant options.

Location

State MD

County Talbot

Zoning COMMERCIAL

Interior

Hot Water Other

Heating Heat Pump(s)

Cooling Other

Heat Source Other

Exterior

Garage Spaces 90.0

Water Access N

Accessibility Level Entry - Main

Total Parking Spaces 90

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Talbot County Public Schools

Others

Tax ID 2101027654

Ownership Other

Special Listing Condition Standard


Bright MLS (BMLS)

Nearby Locations

Hope Greenlee
Bobbi Evans
R.J. Breeden
Hope Greenlee
Hope Greenlee
Agent License ID: 658745

Hope  Greenlee is a seasoned Realtor with 17 years of experience in the real estate industry. She hails from Baltimore County, is a proud graduate of Parkville High School, and pursued a business degree in Pittsburgh, Pennsylvania. With a background as a Multi-Site Property Manager spanning over two decades across Maryland, Hope has honed her skills and expertise in various facets of real estate. She is a devoted mother to five children and a passionate, market-savvy professional who prioritises her clients' satisfaction and best interests above all else. Hope's approach is characterised by professionalism, patience, and unwavering loyalty, ensuring a seamless and satisfying real estate experience. She is now part of The Breeden Group of Berkshire Hathaway Homesale Realty.

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