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

For Sale

22 N. Harrison Street, Easton, MD 21601

This Easton property for sale is located at 22 N. Harrison Street. The current listed sale price for Investment Opportunity: Dual Mixed-Use Properties in Downtown Easton's Historic District is $1,450,000.

Property Details

  • 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.

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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

Getting around

  • 87/100

    Walk Score ®

  • 72/100

    Bike Score ®

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Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

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