MIXED-USE INVESTMENT PROPERTY
216 East Dover Street | Easton, MD
SVN | Miller Commercial Real Estate Advisors Brent Miller, CCIM, CPM and Tonney Insley just closed on a 7,640 SF mixed-use building in receivership located in Downtown Easton, MD. The listing, located at 216 East Dover Street was through a partnership with Tony Yousif, a Senior Director with SVN | Asset Advisory Group in San Diego, CA.
The buyer was represented by Leo McDermott of Brexton Commercial, based in Baltimore, MD. Future plans for the property are to re-tenant the vacant commercial units and hold it as a long-term investment. The property traded for $775,000.
“Overall, this sale is a great example of the SVN national business model of cooperation among SVN offices across the country,” stated Advisor Tonney Insley. “The SVN Difference allows us to share our deals 50/50 in order to drive competition and increase the final sales price.”