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Salisbury Maryland Real Estate Properties


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MLS Number: MDWC101844
Other
122 PARKER ROAD, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

35.2 Acres in the City of Salisbury. Ready for DEVELOPMENT. It's cleared and set to go. It's in the OPPORTUNITY ZONE created by 2017 Tax Cuts & Jobs Act, code section 1400Z to provide tax incentives. Approved for residential development of 212 townhouse units. Public sewer & water hookup available from the entrance on Beaglin Park Drive. Agricultural recapture tax has been paid. Buyer to pay all closing costs. Close to Salisbury University, Wor-Wic Community College, Salisbury Airport (American Airlines), Shorebirds Baseball, shopping, entertainment and medical facilities. Easy access to the Bay Bridge via Route 50 West; Ocean City and Delaware beaches via Route 50 East. Seller is a licensed Delaware real estate agent. Please see attachments and call for information.
Priced to sell: $2,200,000

Listing Agent:
Listing Broker: Mann & Sons, Inc.

MLS Number: 1001559414
Industrial
510 WEST ROAD, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

200,000 sq.ft. Manufacturing facility for sale on 16 acres with 2.8 acres of paved parking. Owner will consider a sale/leaseback for a portion of the facility. Plenty of space for tractor trailers and long term parking.
Priced to sell: $1,999,990

Listing Agent:
Listing Broker: SVN/Miller Commercial Real Estate

MLS Number: 1001562334
Land
HILL STREET, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

High visibility land on Snow Hill Road adjacent to Marley Manor Apartments. 17.54 acres commercially zoned acres. Owner will subdivide. Concept site plan in this listing is for discussion and has not been formally approved. Regional stormwater and city utilities available. $99,000 per acre.
Priced to sell: $1,736,460

Listing Agent:
Listing Broker: SVN/Miller Commercial Real Estate

MLS Number: MDWC100718
Services
1336 BELMONT AVENUE, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Investment Opportunity - Fully leased units in East Park Professional Center with long term tenants in place. Tenants: Peninsula Regional Medical Center and Easter Seals. NNN Leases. NOI: $111,193.56. 7.25% CAP Rate..
Priced to sell: $1,570,000

Listing Agent:
Listing Broker: NAI Coastal

MLS Number: 1001559226
Land
QUEEN AVENUE, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Well located approved 94 lot residential subdivision for sale. Designed for today's price conscious home buyers with efficient lot design/size that will lead to lower site costs and the ability to offer lower retail home sale prices.Located just off of US50 in Salisbury with convenient access to Salisbury's services, amenities, education and shopping
Priced to sell: $1,550,000

Listing Agent:
Listing Broker: Rinnier Development Co

MLS Number: MDWC102604
Five Or More Units
501 W MAIN STREET, SALISBURY, Maryland
Waterfront: River
0 Bedrooms, 0 Baths, 0 Half Baths

Artists paradise! Eclectic historic brick building in Downtown Salisbury MD just across a public parking lot from the Wicomico River. On top of these potential parking spaces, the property owns approx. 28 spaces behind the building on a separate lot included in the sale! The first floor consists of 3 commercial spaces, 2 leased and one owner occupied at the present. 4 sought after 2 bedroom Air B & B/VRBO apartments on the second floor. Seller is a SUPER HOST at Air B & B. Contact listing agent for financials. Unit A is approx. 2208sf and is currently owner occupied by Dana Simson, as an artist studio and gallery. This unit is available for lease at $11/sf + $2 TI + Utilities. Unit B is 1296sf and is The Mad Hatter restaurant. Unit C is the Ugly Pie at 1296sf approx., and their desserts are Amazing! The 4 Apartments upstairs are averaging $2000-$2500 per month per room. The building comes with almost everything currently there including all of the furnishings in the apartments. Some of the original artwork is negotiable as are the display units in the owners unit A. This building is gorgeous with tall, tin ceilings and exposed duct work. There are 2 parcels included in the sale. The back piece is the parking lot, a portion of which is leased to Perdue Farms. There is a small unit on the side of the building, about 180sf, that used to be a taxi stand. It could be leased for some additional income. Rumor has it that there will be a new hotel next door... Also a new downtown development plan is in the works that is extremely EXCITING!!! You can get in on the ground floor of the new and improved Downtown Salisbury, Maryland with this gorgeous building. call for a private showing today! For investors, we are working on the financials but believe that we can get you an 8.5% CAP rate once Unit A is leased! Possible Owner financing with 1/3 down, balance amortized for 10-15 years at 5.5-6% interest.
Priced to sell: $1,500,000

Listing Agent:
Listing Broker: Whitney-Wallace Commercial

MLS Number: MDWC103212
Other
114 DELAWARE AVENUE, SALISBURY, Maryland
Pool: No Pool
0 Bedrooms, 0 Baths, 0 Half Baths

Seller is listing package of properties. 34 Buildings and 53 units, all lead free. See property list in the documents tab. Seller prefers to sell the package as a whole but will consider selling in smaller groups - Prefers not to sell individual units
Priced to sell: $1,500,000

Listing Agent:
Listing Broker: Keller Williams Realty of Delmarva-Salis

MLS Number: MDWC104772
Retail
1517 N SALISBURY BOULEVARD, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Excellent opportunity for investor seeking a shopping center with 2 national tenants (Family Dollar & Rent-A-Center) plus space for future development. 12,094 sf retail and 12,626 sf warehouse. 1.82 acres with great visibility and 300 ft frontage directly on US Route 13 Business with high traffic count. Parking for approx. 100 vehicles. LED monument sign. Gross income $138,900 with projected increase to $176,700 with leasing of warehouse. Dry fire sprinkler system throughout building. Warehouse has ceiling height from 14 ft to 19 ft. Two overhead doors plus entry doors to main parking lot and to rear parking lot. Opportunity Zone tax benefits available. Sale includes 4 separate parcels. Current Cap Rate 6.2% projected to be 8.6% when warehouse is leased up.
Priced to sell: $1,500,000

Listing Agent:
Listing Broker: Weisner Real Estate Inc

MLS Number: 1001560444
Office
610 BEAM STREET, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

Desirable investor property offers attractive CAP rate. Current tenant of 20+ years have recently renewed 4 and 5 year leases with gross income of $123,263. Building is 100% leased with tenant paying NNN expenses. Low maintenance building has had many recent improvements and updates. Site offers 4.34 acres with room for building expansion, additional parking or yard storage & rail access possibilities.
Priced to sell: $1,495,000

Listing Agent:
Listing Broker: ERA Martin Associates

MLS Number: 1001559178
Office
201-209 E MAIN STREET, SALISBURY, Maryland

0 Bedrooms, 0 Baths, 0 Half Baths

OPPORTUNITY ZONE! 2 professional office buildings for sale totaling 13,858 sq.ft. Convenient downtown Salisbury location within walking distance to the court houses, post office, banks and restaurants. Offers dedicated on-site parking and 2 public parking lots are within 1 block. owner will consider a sale leaseback. Designated as a Main Street Maryland community, downtown offers plenty of exciting events and opportunities to live, work and play.201-207 E. Main St. is available separately for $845,000. 3,500 sq.ft. current vacant and available for lease at $12 per sq.ft.
Priced to sell: $1,395,000

Listing Agent:
Listing Broker: SVN/Miller Commercial Real Estate
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