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Key Details
Sold Price $500,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Square Footage 1,730 sqft
Price per Sqft $289
MLS Listing ID MDTA138742
Sold Date 02/22/24
HOA Y/N N
Originating Board BRIGHT
Year Built 2007
Annual Tax Amount $9,479
Tax Year 2019
Property Description
Great Investment Opportunity in Easton Maryland's Medical Office Corridor. 1,730+/- SF Medical Office Building occupied by Dankmeyer Prosthetics, providers of prostheses and orthoses to patients in Maryland and nearby communities. Current lease ends October 2030 with annual rental increases of 2% until 2026 when rent is stabilized. Annual Rent is $38,064. New 7-Year Lease (NNN). This stable medical corridor also houses Chesapeake Women's Health, LabCorp, Mid-Shore Women's Health, Center for Vein Restoration, Surgery Center of Easton and many more.
Location
State MD
County Talbot
Zoning COMMERCIAL
Interior
Hot Water Other
Heating Other
Cooling Central A/C
Heat Source Other
Exterior
Garage Spaces 20.0
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Parking Type Parking Lot
Total Parking Spaces 20
Garage N
Building
Sewer Other
Water Other
New Construction N
Schools
School District Talbot County Public Schools
Others
Tax ID NO TAX RECORD
Ownership Condominium
Special Listing Condition Standard
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Bought with Evan Keith Langert • Samson Properties