Investment Opportunity: Dual Mixed-Use Properties in Downtown Easton's Historic District

22 N. Harrison Street, Easton, MD 21601

Property Information

  • For Sale $1,450,000
  • Property Type Retail - Street Retail
  • Property Size 7,272 SF
  • Units 10
  • Property Tenancy Multi-Tenant
  • Year Built 1920
  • Date Updated Jan 23, 2025

Description

Located in the heart of downtown Easton, adjacent to the historic Tidewater Inn and Easton's busiest downtown parking lot.Introducing a fantastic investment opportunity at 22-24 N. Harrison Street, located in the heart of Easton's historic district. These dual properties, strategically positioned near the iconic Tidewater Inn and the Avalon Theatre, guarantee great visibility and access for your tenants. The added convenience of nearby public parking amplifies the appeal to potential tenants, both commercial and residential. Currently, the buildings encompass a total of 10 fully-leased units, with a blend of retail, office, and apartment spaces. The mixed-use classification not only emphasizes the versatility but also signals potential for optimizing and enhancing the residential components. What sets this opportunity apart is the value-add potential. Several rents have been identified with upside, presenting an immediate avenue for revenue growth for the buyer. In addition, the properties' prime location offer long-term appreciation prospects. This offering represents a rare chance to capitalize on both the current and future potential of downtown Easton's dynamic real estate market, merging historic assets with modern investment strategies.

Highlights

  • Mixed-Use Versatility: Comprising 10 fully-leased units, these properties seamlessly blend retail, office, and apartment spaces, offering adaptability for various business and residential needs.
  • Prime Location: Strategically situated in Easton's historic district, adjacent to iconic landmarks like the Tidewater Inn and Avalon Theatre, ensuring high visibility and consistent desirability.
  • T12 Revenue: $131,426
  • Value-Add Potential: Identified upside in several rents, presenting immediate avenues for increased revenue and growth for investors.

Location

Contact Investment Opportunity: Dual Mixed-Use Properties in Downtown Easton's Historic District
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