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$565,000

  • Sold
  • Closed
  • Office
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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.

Full Property Details for 401 Purdy St #202

General

  • Sold For: $565,000
  • Taxes: $6,175 (2023)
  • Status: Closed
  • Type: Office
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDTA2006444
  • Added to Site: 818 day(s) ago

Business

  • Business Type: Professional

Parking

  • Total Spaces: 20
  • Parking Type: Parking Lot

Location

  • Municipality: Easton
  • County: Talbot
  • Driving Directions: Located along Purdy Street, directly off of the Idlewild Avenue medical corridor.
  • City Limits: Yes

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump - Electric BackUp
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Brick, Brick Front
  • Stories/Levels: 0
  • Year Built: 2006
  • Year Built Source: Estimated

Unit Information

  • # Tenants: Single

Lot Features

  • Zoning: CG

Financial Considerations

  • Price Per Sq. Ft.: $323.19
  • Assessment Year: 2023
  • City/TownTax: $2,584
  • City/TownTax Freq: Annually
  • County Tax: $3,591
  • County Tax Freq: Annually
  • Tax w/Assessment: $497,000
  • Tax Amount: $6,175
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Condominium
  • Investment: Yes

Listed and Sold by SVN/Miller Commercial Real Estate, Ross Benincasa

Listing agent

— 401 Purdy St #202 —

  • Ross Benincasa

    SVN/Miller Commercial Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 401 Purdy St #202

School District:Talbot County Public Schools
NameGradesDistance
Easton Elementary School
307 Glenwood Avenue, Easton, MD 21601
PK-51.3 mi
Easton Middle School
201 Peachblossom Road, Easton, MD 21601
6-80.8 mi
Easton High School
723 Mecklenburg Avenue, Easton, MD 21601
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 401 Purdy St #202

Date
Details
Price
Change
Source
6/14/2024
Sold
$565,000
-5.04%
MLS
10/26/2023
Listed
$595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by SVN/Miller Commercial Real Estate, Ross Benincasa

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401 Purdy Street #202, Easton, MD 21601 (MLS# MDTA2006444) is a Office property that was sold at $565,000 on June 14, 2024. Want to learn more about 401 Purdy Street #202? Do you have questions about finding other Office real estate for sale in Easton? You can browse all Easton real estate or contact a Coldwell Banker agent to request more information.