| For Sale: |
|
DAVIS ARTS CENTER - A
UNIQUE INVESTMENT PROPERTY |
|
| ID #: |
|
RR230301 |
|
| Description: |
|
A two-story masonry building with seventeen
studios for lease to local artists. |
|
| Location: |
|
516 Davis (516 Melfield) Ave., Easton, MD 21601.
The heart of mid-shore Maryland |
|
| Property Size: |
|
A 12,864 sf building on a 10,300 sf lot.
Tow story property takes up a full city block. |
|
| General: |
|
In 2011 this property was converted from a
manufacturing facility to its current use to
satisfy the need for studios for local
artists. Studios are leased from one to five
years - there have only been brief periods
of vacancies and never more than two.
It is situated in a re-development area;
directly across the street is a planned
high-end apartment complex catering to the
artistic minded. Additional
information available on request. |
|
| Zoning: |
|
Commercial |
|
| Tax Map Reference: |
|
Map 0105, Parcel 2233, Lot 1-103X100 |
|
| Price: |
|
$1,500,000 |
|
| Terms: |
|
Possible owner financing with as little as
$200,000 down. |
Note: Broker and spouse are stockholders of the entity that owns this property. |
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