408 Cynwood DrEaston, MD 21601

For Sale
$489,000

1,500 SF Medical Office - 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
93
This fee-simple medical office condo, located at 408 Cynwood Drive in Easton, Maryland, presents a unique investment opportunity. The 1,500 square foot, single-unit building, built in 1996 and renovated in 2005, boasts a desirable location in Easton's medical district, conveniently situated off Route 50. Currently 100% occupied, the property offers a strong return on investment with an asking price of $489,000 ($326 per square foot and $489,000 per unit). The well-designed floor plan includes a waiting room, reception area, two restrooms, five office/exam spaces, a break room, equipment room, sterilization area, and a mechanical room. All rooms are plumbed for dental chairs and wired for digital dentistry, making it ideal for a variety of medical or professional uses. Shared costs cover common area maintenance, trash removal, lawn/landscaping, and water usage (prorated based on square footage among four units). Ample parking is available. The property is zoned "C" and features one story in a single building. This turnkey operation offers immediate income and significant potential for future growth within a thriving medical community. The property's excellent condition and prime location make it an attractive investment for both seasoned and new investors in the medical real estate market.

Highlights

  • $489,000 asking price for this fee simple medical office condo.
  • 1,500 square feet of net rentable space in a single-unit building.
  • Located in Easton, MD, in a medical district, conveniently off Route 50.
  • 100% occupancy.
  • Built in 1996 and renovated in 2005.

Property Details for 408 Cynwood Dr

Property type
Other specialty properties, Medical space
Square Feet
1,500 SF
Year Built/Renovated
1996/2005
Buildings
1
Stories
1
Units
1

Location Insight

City
Easton
County
Talbot
State
Maryland
Latitude
38.763962
Longitude
-76.062984
408 Cynwood Dr, Easton, Maryland

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408 Cynwood Dr
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