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

22 N. Harrison Street, Easton, MD 21601

  • 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 Oct 23, 2023
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.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • 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.
  • 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.
  • Value-Add Potential: Identified upside in several rents, presenting immediate avenues for increased revenue and growth for investors.
  • T12 Revenue: $131,426

Location

Getting Around

  • Walk Score ®

    87/100 Very Walkable

  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Easton, MD
  • Neighborhood Easton
  • Zip Code 21601

Points of Interest

  • Crown

    0.63 miles

  • Wawa

    0.78 miles

  • Sunoco

    0.84 miles

  • Tesla Supercharger

    1.31 miles

  • Royal Farms

    1.33 miles

  • Exxon

    2.21 miles

  • Shell

    2.61 miles

  • Exxon

    7.17 miles

  • High's

    7.26 miles

  • Carroll Motor Fuels

    7.41 miles

  • Crab Claw Restaurant Parking

    7.94 miles

  • Chesapeake Bay Maritime Museum Parking

    8.01 miles

  • St. Michaels municipal parking lot

    8.13 miles

  • 4 Sisters Kabab and Curry

    0.46 miles

  • McDonald's

    0.60 miles

  • Jimmy John's

    0.65 miles

  • Snifters

    0.65 miles

  • Chili's

    0.66 miles

  • Chick-fil-A

    0.69 miles

  • Burger King

    0.75 miles

  • McDonald's

    0.80 miles

  • Popeyes

    0.81 miles

  • Wendy's

    0.81 miles

  • Safeway

    0.16 miles

  • Pebbles

    0.43 miles

  • Acme

    0.53 miles

  • Kohl's

    0.57 miles

  • Weis

    0.68 miles

  • Target

    0.81 miles

  • Aldi

    0.85 miles

  • Harris Teeter

    0.93 miles

  • Giant

    1.02 miles

  • Walmart

    1.10 miles

Frequently Asked Questions

What is the lease rate for Investment Opportunity: Dual Mixed-Use Properties in Downtown Easton's Historic District?

Rental asking rate at Investment Opportunity: Dual Mixed-Use Properties in Downtown Easton's Historic District is $725,000.00/YR.

What is the total square footage of Investment Opportunity: Dual Mixed-Use Properties in Downtown Easton's Historic District?

Investment Opportunity: Dual Mixed-Use Properties in Downtown Easton's Historic District totals 7,272 square feet.

When was this property built?

Investment Opportunity: Dual Mixed-Use Properties in Downtown Easton's Historic District was built in 1920.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

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