401 Purdy Street # 202 Easton, MD ^$ 595,000

401 Purdy Street # 202

^$ 595,000

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401 Purdy Street # 202

Easton, MD, 21601

^$ 595,000

Studio Baths0.0 Sq 1,841

Monthly Estimate*

^$ 3,955

401 Purdy Street # 202, Easton, MD 21601 - Image 1

401 Purdy Street # 202, Easton, MD 21601 - Image 2

401 Purdy Street # 202, Easton, MD 21601 - Image 3

401 Purdy Street # 202, Easton, MD 21601 - Image 4

401 Purdy Street # 202, Easton, MD 21601 - Image 5

401 Purdy Street # 202, Easton, MD 21601 - Image 6

Studio

Commercial Property for sale in Easton, MD

for $595,000. This 1,841 square foot building was built in 2006.

Great opportunity to invest in an Absolute NNN medical building with a national tenant. Occupied by LabCorp since 2008, a leading global life sciences company, the property offers great returns in a growing market. Priced at 7% cap rate with property management already in place. Enjoy passive returns with a great tenant in a growing market. - Absolute NNN Lease: No landlord responsibilities, offering a truly passive investment. - Established Tenant: LabCorp is a leading global life sciences company, providing comprehensive clinical laboratory and end-to-end drug development services. - Prime Location: The office is located in Easton, Maryland, along its strong, growing medical corridor.

Commercial Pending

Price

^$ 595,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,175

Style

Professional

Year Built

2006

Town/City

Easton

County/Region

Talbot

MLS | Web ID

MDTA2006444

Features

Interior

Heating Fuel Electric

Hot Water Electric

Heating Y/N Y

Street Suffix STREET

Central Air Y/N Y

General

Sewer Public Sewer

Heating Heat Pump - Electric BackUp

Cooling Central A/C

Possession Settlement

Zoning CG

Construction Materials Brick Brick Front

Year Built 2006

Unit Number 202

Property SubType Office

Tax Year 2023

Percent Ownership Condominium

Cool Fuel Electric

Municipality Easton

Gross Income 44640.00

Business Type Professional

Accessibility Grab Bars Mod 36 + wide Halls No Stairs

County TALBOT

Net Operating Income 41961.00

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status PENDING

Directions Located along Purdy Street directly off of the Idlewild Avenue medical corridor.

City EASTON

Buyer Agent Compensation 3

Total Units 1

Waterfront Y/N N

Street Name PURDY

Tax Annual Amount 6175.0

Price Per Sq Ft 323.19

Vacation Rental Y/N N

Days on Market 168

Standard Status Pending

Year Built Source Estimated

Legal Subdivision *

Buyer Agent Compensation Type % Of Gross

Exterior

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 1841.00

Land Assessed Value 173900.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 401

* Excluded Features

List By

Svn/Miller Commercial Real Estate

Broker

ross.benincasa@svn.com

Affordability Calculator

$4,469

Per Month

Monthly Principal & Interest: $3,955
Monthly Property Taxes: $515
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Easton, MD

Average List Price ^$1,483,786

Percent of Sale Price 149%

About Easton, MD

15,854 Population

25% Since 2002

^$52,105 Median Income

42.34 Median Age

23% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/26/2023	$595,000		Listed Price

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401 Purdy Street # 202, Easton, MD, 21601 is a Commercial Property for sale at $595,000 with 1,841 sqft. 401 Purdy Street # 202 is a studio with 0.0 baths and was built in 2006. The property's zip code is 21601 which is in Easton, MD

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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401 Purdy Street # 202

Commercial Property for sale in Easton, MD

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