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401 Purdy Street #203, Easton, MD 21601
$500,000
401 Purdy Street #203, Easton, MD 21601View this property at 401 Purdy Street #203, Easton, MD 21601
401 Purdy Street #203EastonMD21601
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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.
Full Property Details
Full Property Details for 401 Purdy St #203
General
- Sold For: $500,000
- Taxes: $9,479 (2019)
- Status: Closed
- Type: Business
- MLS ID: MDTA138742
- Added to Site: 1, 375 day(s) ago
Business
- Business Type: Medical
Parking
- Total Spaces: 20
- Parking Type: Parking Lot
Location
- Municipality: Easton
- County: Talbot
- Driving Directions: From Baltimore & Washington: Take US Route 50 E towards Ocean City, MD. Turn R onto Idlewild Dr in Easton, Turn R onto Purdy St. Location will be on your left.
- City Limits: Yes
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Other
- Heating Type: Other
- Heating Fuel: Other
- Water Heater: Other
Utilities
- Sewer: Other
- Water: Other
Structural Information
- Construction: Brick Front, Other
- Stories/Levels: 0
- Year Built: 2007
- Year Built Source: Assessor
Unit Information
- # Tenants: Single
Lot Features
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $297.69
- Assessment Year: 2020
- City/TownTax: $4,338
- City/TownTax Freq: Annually
- County Tax: $5,140
- County Tax Freq: Annually
- Tax w/Assessment: $834,300
- Tax Amount: $9,479
- Tax Year: 2019
Disclosures and Reports
- Buyer’s Brokerage Compensation: 4%
- Ownership: Condominium
Listed by NAI Coastal, Bradley Gillis and NAI Coastal, Shelby Gillis
Sold by Samson Properties, Evan Keith Langert
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Schools
Schools serving 401 Purdy St #203
School District:Talbot County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
305 Glenwood Ave, Easton, MD 21601 | PK-5 | 1.2 mi | |
201 Peach Blossom Ln, Easton, MD 21601 | 6-8 | 0.8 mi | |
Easton High School
723 Mecklenburg Ave, Easton, MD 21601 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
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 #203
Date
Details
Price
Change
Source
2/22/2024
Sold
$500,000
-2.91%
MLS
7/31/2023
Price Increased
$515,000
8.42%
MLS
7/24/2020
Listed
$475,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
401 Purdy Street #203, Easton, MD 21601 (MLS# MDTA138742) is a Business property that was sold at $500,000 on February 22, 2024. Want to learn more about 401 Purdy Street #203? Do you have questions about finding other Business real estate for sale in Easton? You can browse all Easton real estate or contact a Coldwell Banker agent to request more information.