Easton, MD 21601,110 N WASHINGTON ST
Easton, MD 21601,110 N WASHINGTON ST
Easton, MD 21601,110 N WASHINGTON ST
Easton, MD 21601,110 N WASHINGTON ST
Easton, MD 21601,110 N WASHINGTON ST
Easton, MD 21601,110 N WASHINGTON ST
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$730,000

$800,000

8.8%
Est.Price: ?

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Est. payment /mo

3,963 SqFt


SOLD DATE : 05/19/2021

Key Details

Sold Price $730,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 3,963 sqft

Price per Sqft $184

MLS Listing ID MDTA137858

Sold Date 05/19/21

HOA Y/N N

Originating Board BRIGHT

Year Built 1900

Annual Tax Amount $5,910

Tax Year 2021

Lot Size 2,640 Sqft

Acres 0.06

Property Description

Option 1: Lease 1st and 2nd Floors as a 6-office suite at $3,000/ mo or $19.45 / SF. Option 2: Lease 1st floor for retail at $1,700 / mo, 2nd floor for office at $1,300 / mo, 3rd floor already leased to DC law firm, Option 3: Buy 1st Floor as a condominium unit at $350,000 or 1st and 2nd Floors at $600,000. Option 4: Buy the 3,963 square foot building as an investor at$800,000. Option 5: Buy the building for a live-work purpose, convert the 3rd (or 2nd and 3rd) floors to residential (in Jan. '22) No other listed commercial property in Easton's Town Center offers as much flexibility as this one, nor the extent of amenities and finishes in the common areas, reception, and conference room, as well as kitchens and bathrooms. A full range of services and furnishings are also available. Revenue is currently realized through one three-year lease, two long time M-t-M leases, a la carte services, and virtual office subscriptions. Upside exists with one prime office space to rent, and more focus on the existing executive suites business model. This is a perfect opportunity for an Investor, suites operator, or live/work.

Location

State MD

County Talbot

Zoning CR

Interior

Hot Water Electric

Heating Heat Pump - Electric BackUp

Cooling Heat Pump(s)

Flooring Hardwood

Heat Source Electric

Exterior

Garage Spaces 3.0

Utilities Available Cable TV

Waterfront N

Water Access N

Accessibility Other

Parking Type Parking Lot

Total Parking Spaces 3

Garage N

Building

Foundation Other

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Talbot County Public Schools

Others

Tax ID 2101016393

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Robert H Greenlee • SVN |Miller Commercial Real Estate
Bought with Allison M Conick • SVN |Miller Commercial Real Estate
agent-avatar

+1(240) 290-0830

leisel@leiseltaylor.com

800 Maine Ave SW, Suite 200 Washington 20024

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